AXT INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Investigates the Officers and Directors of AXT, Inc. - AXTI
AXT Inc (AXTI)
Last axt inc earnings: 4/22 04:05 pm
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Source: Business Wire
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF has commenced an investigation into AXT, Inc. (NasdaqGS: AXTI).On April 4, 2024, J Capital Research released a report on the Company, revealing that it had tried to conduct an Initial Public Offering (“IPO”) for one of its subsidiaries in China and that the “IPO has apparently been blocked by Chinese regulators.” J Capital also disclosed that it had “uncovered a deluge of reasons why Chinese regulators potentially blocked this IPO, including falsifying data, tax evasion, improper storage of hazardous chemicals, suspicious related-party transactions, IP litigation, and defaulting on wages to employees.”Thereafter, the Company and certain of its executives were sued in a securities class action lawsuit, alleging that the defendants made materially false and/or misleading statements and/or failed to disclose th
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News
- AXT, Inc. (NASDAQ: AXTI) had its price target lowered by analysts at Northland Securities from $6.00 to $5.00. They now have an "outperform" rating on the stock.MarketBeat
- AXT, Inc. (NASDAQ: AXTI) had its "buy" rating re-affirmed by analysts at Needham & Company LLC. They now have a $5.00 price target on the stock.MarketBeat
- AXT (AXTI) Reports Q3 Loss, Lags Revenue Estimates [Yahoo! Finance]Yahoo! Finance
- AXT, Inc. Announces Third Quarter 2024 Financial ResultsBusiness Wire
- AXT, Inc.: Not Getting The Recognition It Deserves [Seeking Alpha]Seeking Alpha
AXTI
Earnings
- 10/31/24 - Beat
AXTI
Sec Filings
- 11/13/24 - Form 4
- 11/13/24 - Form 4
- 11/12/24 - Form 10-Q
- AXTI's page on the SEC website