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Stock impact report

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of AXT, Inc. - AXTI

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, May 02, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of AXT, Inc. (“AXT” or the “Company”) (NASDAQ: AXTI). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980. The investigation concerns whether AXT and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. [Click here for information about joining the class action] On April 4, 2024, J Capital Research (“J Capital”) published a report addressing AXT, alleging, among other things, that the U.S.-listed Company conducts almost all of its business operations through a subsidiary in China and “wants to list that subsidiary in Shanghai to capture new financing”, but “the listing prospectus attracted unexpected scrutiny and unveiled a plethora of undisclosed issues in China.” In particular, J Capital alleged that it had “uncovered a deluge of reasons why Show less Read more
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