1 week Ago
, /PRNewswire/ --Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against AXT Inc ("AXT" or "the Company") (NASDAQ: ) and certain of its officers. This lawsuit seeks to recover damages against Defendants for violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired AXT securities between and , inclusive (the "Class Period"). Such investors are encouraged to join this case by visiting the firm's site: .
The complaint that throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) AXT, Inc. overstated its property holdings; (2) AXT, Inc. did not disclose that the attempted listing of an AXT, Inc.
subsidiary in had reportedly failed;(3) AXT, Inc. routinely engaged in environmental violations and unsafe business practices; (4) AXT, Inc.'s production declined in 2023; and(5) as a result, defendants' statements about its business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all times.
A class action lawsuit has already been filed. If you wish to review a copy of the Complaint, you can visit the firm's site: or you may contact or his Client Relations Manager, , of Bronstein, Gewirtz & Grossman, LLC at 332-239-2660. If you suffered a loss in AXT you have until , to request that the Court appoint you as lead pla.
