AXTI - AXT INC. INVESTORS: Pending Lead Plaintiff Deadline in AXTI Securities Fraud Class Action; Stockholders Should Contact Robbins LLP for Information | Benzinga
SAN DIEGO, June 20, 2024 (GLOBE NEWSWIRE) -- Robbins LLP reminds investors that a shareholder filed a class action on behalf of all persons and entities that purchased or otherwise acquired AXT, Inc. (NASDAQ:AXTI) securities between March 24, 2021 and April 3, 2024. AXT, Inc. describes itself as a "worldwide materials science company that develops and produces high-performance compound and single element semiconductor substrates, also known as wafers."
For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003.
The Allegations: Robbins LLP is Investigating the Allegations that AXT, Inc. (AXTI) Misled Investors Regarding its Business Operations
According to the complaint, during the class period, defendants failed to disclose that: (1) AXT, Inc. overstated its property holdings; (2) the Company did not disclose that the attempted listing of an AXT, Inc. subsidiary in China had reportedly failed; (3) AXT, Inc. routinely engaged in environmental ...