AXT, Inc.

Passed

Class Action Period:
March 24, 2021 - April 03, 2024

Lead Plaintiff Deadline:
July 05, 2024

Case Form

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Allegations

The filed complaint alleges that AXT, Inc. made materially false and/or misleading statements and/or 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 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.

Eligibility

In order to be included in the lawsuit, you must have incurred a loss on shares of AXT, Inc. purchased during the class period listed above.

Lead Plaintiff Deadline

If you suffered a loss in AXT, Inc. during the relevant time frame, you have until July 05, 2024 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.