STOCK ALERT: Rosen Law Firm Reminds Aixtron SE Investors of Important Deadline in Class Action – AIXG
20 January 2016 - 3:51AM
Business Wire
Rosen Law Firm, a global investor rights law firm, reminds
purchasers of Aixtron SE, (NASDAQ: AIXG) securities from September
25, 2014 through December 9, 2015, both dates inclusive (the “Class
Period”), of the important March 4, 2016 lead plaintiff deadline in
the class action. 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. Attorney Advertising. Prior
results do not guarantee a similar outcome.
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version on businesswire.com: http://www.businesswire.com/news/home/20160119006424/en/
The Rosen Law Firm, P.A.Laurence Rosen, Esq.Phillip Kim,
Esq.Kevin Chan, Esq.275 Madison Avenue, 34th FloorNew York, NY
10016Tel: 212-686-1060Toll Free: 866-767-3653Fax:
212-202-3827lrosen@rosenlegal.compkim@rosenlegal.comkchan@rosenlegal.comwww.rosenlegal.com
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