According to the lawsuit, during the Class Period, defendants made false and/or misleading statements and/or failed to disclose that:
- contrary to prior representations to investors, Aehr was continuing to experience substantial delays in customer orders;
- the foregoing issue was likely to have a material negative impact on Aehr’s revenue growth;
- accordingly, Aehr’s business and/or financial prospects were overstated; and
- as a result, Aehr’s public statements were materially false and misleading at all relevant times.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
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