LOS ANGELES--(BUSINESS WIRE)--Lundin Law PC announces a class action lawsuit has been filed against Aixtron SE (“Aixtron” or the “Company”) (NASDAQ: AIXG) concerning possible violations of federal securities laws between September 25, 2014 and December 9, 2015. Investors who purchased or otherwise acquired shares during the Class Period should contact the Firm in advance of the March 4, 2016, lead plaintiff motion deadline.
According to the complaint, the Company made 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; and (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.
No class has been certified in the above action. Until a class is certified, you are not considered represented by an attorney. You may also choose to do nothing and be an absent class member.
Lundin Law PC was created by Brian Lundin, a securities litigator based in Los Angeles.
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