EQUITY ALERT: Rosen Law Firm Announces Filing of Securities Class Action Lawsuit Against Aixtron SE – AIXG
January 29 2016 - 12:45PM
Rosen Law Firm, a global investor rights law firm, announces the
filing of a class action lawsuit on behalf of purchasers of Aixtron
SE securities (NASDAQ:AIXG) from September 25, 2014 through
December 9, 2015, both dates inclusive (the “Class Period”). The
lawsuit seeks to recover damages for Aixtron investors under the
federal securities laws.
To join the Aixtron class action, go to the firm’s
website at http://rosenlegal.com/cases-802.html or call Phillip
Kim, Esq. or Kevin Chan, Esq. toll-free at 866-767-3653 or email
pkim@rosenlegal.com or kchan@rosenlegal.com for information on the
class action.
NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE
ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY
COUNSEL UNLESS YOU RETAIN ONE. YOU MAY ALSO REMAIN AN ABSENT CLASS
MEMBER AND DO NOTHING AT THIS POINT. YOU MAY RETAIN COUNSEL OF YOUR
CHOICE.
According to the lawsuit, throughout the Class
Period, Defendants issued materially false and misleading
statements to investors and/or failed to disclose that: (1) the AIX
R6 MOCVD systems that were to be shipped to Aixtron’s large Chinese
customer (San’an Optoelectronics) did not meet the customer’s
specific qualification requirements; (2) as such, Aixtron’s
agreement with San’an Optoelectronics to ship 50 of Aixtron’s AIX
R6 MOCVD systems to San’an Optoelectronics was unlikely to be
executed; (3) the impending failure to execute the original
agreement would have a substantial negative impact on Aixtron’s
prospects; and (4) as a result of the foregoing, Defendants’
statements about Aixtron’s business, operations, and prospects,
were materially false and misleading and/or lacked a reasonable
basis at all relevant times. When the true details entered the
market, the lawsuit claims that investors suffered damages.
A class action lawsuit has already been filed. If
you wish to serve as lead plaintiff, you must move the Court no
later than March 4, 2016. A lead plaintiff is a representative
party acting on behalf of other class members in directing the
litigation. If you wish to join the litigation, go to the firm’s
website at http://rosenlegal.com/cases-802.html or to discuss your
rights or interests regarding this class action, please contact
Phillip Kim, Esq. or Kevin Chan, Esq. of Rosen Law Firm toll free
at 866-767-3653 or via e-mail at pkim@rosenlegal.com or
kchan@rosenlegal.com.
Rosen Law Firm represents investors throughout the
globe, concentrating its practice in securities class actions and
shareholder derivative litigation.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
Kevin Chan, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 34th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
kchan@rosenlegal.com
www.rosenlegal.com
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