Overview

A class action lawsuit has been filed against Aehr Test Systems, Inc. (“Aehr” or the “Company”) (NASDAQ: AEHR) and certain of the Company’s former and current senior executive officers alleging violations of the federal securities laws.  The Aehr class action lawsuit is brought on behalf of all persons and entities who purchased or otherwise acquired Aehr securities between January 9, 2024, and March 24, 2024, both dates inclusive (the “Class Period”).  Investors have until February 3, 2025, to seek appointment as lead plaintiff in the Aehr class action lawsuit.

Aehr provides test solutions for testing, burning-in, and semiconductor devices in wafer level, singulated die, package part form, and installed systems worldwide.  In October 2023, Aehr provided guidance for its fiscal full year 2024 financial results.  Specifically, the Company stated that it expected total revenue to be at least $100 million, representing growth of over 50% year over year.

The Aehr class action lawsuit alleges that Defendants, throughout the Class Period, provided materially false and/or misleading statements and failed to disclose material adverse facts about the Company’s business, operations, and prospects to make the statements made, in light of the circumstances under which they were made, not false and misleading.  Specifically, Defendants failed to disclose that: : (1) contrary to prior representations to investors, Aehr was continuing to experience substantial delays in customer orders; (2) the foregoing issue was likely to have a material negative impact on the Company’s revenue growth; (3) accordingly, the Company’s business and/or financial prospects were overstated; and (4) as a result, the Company’s public statements were materially false and misleading at all relevant times.

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If you purchased or otherwise acquired Aehr securities between January 9, 2024, and March 24, 2024, both dates inclusive, and you wish to serve as lead plaintiff in this lawsuit, we encourage you to submit your information to DiCello Levitt LLP via the form on this page. 

You can also contact DiCello Levitt partner Brian O’Mara by calling (888) 287-9005 or at [email protected]. 

The deadline to apply to the Court to serve as lead plaintiff in the Aehr class action lawsuit is February 3, 2025.