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Stock impact report

AXT ALERT: Bragar Eagel & Squire, P.C. is Investigating AXT, Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm

AXT Inc (AXTI) 
Last axt inc earnings: 4/22 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: axt.com
Company Research Source: GlobeNewswire
NEW YORK, Aug. 26, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against AXT, Inc. (NASDAQ: AXTI) on behalf of long-term stockholders following a class action complaint that was filed against AXT on May 6, 2024 with a Class Period from March 24, 2021 to April 3, 2024. Our investigation concerns whether the board of directors of AXT have breached their fiduciary duties to the company. According to the lawsuit, defendants throughout the Class Period 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’s production declined in 2023; and (5) as a result, Defendants’ statements about its business, opera Show less Read more
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