{"id":89217,"date":"2025-01-14T02:07:04","date_gmt":"2025-01-14T02:07:04","guid":{"rendered":"https:\/\/pakistaninewspaperlist.com\/news\/bragar-eagel-squire-p-c-reminds-investors-that-class-action-lawsuits-have-been-filed-against-aehr-five9-dmc-global-and-asp-isotopes-and-encourages-investors-to-contact-the-firm\/"},"modified":"2025-01-14T02:07:04","modified_gmt":"2025-01-14T02:07:04","slug":"bragar-eagel-squire-p-c-reminds-investors-that-class-action-lawsuits-have-been-filed-against-aehr-five9-dmc-global-and-asp-isotopes-and-encourages-investors-to-contact-the-firm","status":"publish","type":"post","link":"https:\/\/pakistaninewspaperlist.com\/news\/bragar-eagel-squire-p-c-reminds-investors-that-class-action-lawsuits-have-been-filed-against-aehr-five9-dmc-global-and-asp-isotopes-and-encourages-investors-to-contact-the-firm\/","title":{"rendered":"Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against Aehr, Five9, DMC Global, and ASP Isotopes and Encourages Investors to Contact the Firm"},"content":{"rendered":"
\n

NEW YORK, Jan. 13, 2025 (GLOBE NEWSWIRE) — Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, reminds investors that class actions have been commenced on behalf of stockholders of Aehr Test Systems, Inc. (NASDAQ: AEHR), Five9, Inc. (NASDAQ:FIVN), DMC Global Inc. (NASDAQ: BOOM), and ASP Isotopes, Inc (NASDAQ: ASPI). Stockholders have until the deadlines below to petition the court to serve as lead plaintiff. Additional information about each case can be found at the link provided.<\/p>\n

Aehr Test Systems, Inc. (NASDAQ: AEHR)<\/strong><\/p>\n

Class Period: January 9, 2024 – March 24, 2024<\/p>\n

Lead Plaintiff Deadline: February 3, 2025<\/p>\n

The Complaint alleges that Defendants made false and\/or misleading statements and\/or 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 Aehr\u2019s revenue growth; (3) accordingly, Aehr\u2019s business and\/or financial prospects were overstated; and (4) as a result, Aehr\u2019s public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.<\/p>\n

For more information on the Aehr class action go to: https:\/\/bespc.com\/cases\/AEHR<\/a><\/p>\n

Five9, Inc. (NASDAQ:FIVN) <\/strong><\/p>\n

Class Period: June 4, 2024 – August 8, 2024<\/p>\n

Lead Plaintiff Deadline: February 3, 2025<\/p>\n

According to the lawsuit, during the Class Period, defendants made false and\/or misleading statements and\/or failed to disclose that: (1) Five9\u2019s net new business was not \u201cstrong irrespective of the macro\u201d and was, in fact, hampered by macroeconomic issues such as constrained and scrutinized customer budgets; (2) Five9 was in the midst of a challenging bookings quarter due, in part, to sales execution and efficiency issues, and Five9 was not \u201cseeing very strong bookings momentum\u201d; and (3) defendants did not have \u201cenough information in terms of [their] existing customers that are going live\u201d such that the statements that Five9 would see a positive inflection in its dollar-based retention rate lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.<\/p>\n

For more information on the Five9 class action go to: https:\/\/bespc.com\/cases\/FIVN<\/a><\/p>\n

DMC Global Inc. (NASDAQ: BOOM)<\/strong><\/p>\n

Class Period: May 3, 2024 – November 4, 2024<\/p>\n

Lead Plaintiff Deadline: February 4, 2025<\/p>\n

The complaint alleges that, throughout the Class Period, defendants made materially false and misleading statements and failed to disclose the following adverse facts about DMC Global\u2019s business, operations, and prospects which were known to defendants or recklessly disregarded by them: (i) the goodwill associated with the company\u2019s principal business segment, Acadia Products, was overstated due to the adverse events and circumstances affecting that reporting segment; (ii) DMC Global\u2019s materially inadequate internal systems and processes were adversely affecting its operations; (iii) the company\u2019s inadequate systems and processes prevented it from ensuring reasonably accurate guidance and that its public disclosures were timely, accurate, and complete; (iv) as a result, defendants misrepresented DMC Global\u2019s operations and financial results; and\/or (v) as a result, the company\u2019s public statements were materially false, misleading, or lacked a reasonable basis when made.<\/p>\n

For more information on the DMC Global class action go to: https:\/\/bespc.com\/cases\/BOOM<\/a><\/p>\n

ASP Isotopes, Inc (\u201cASP Isotopes\u201d or the \u201cCompany\u201d) (NASDAQ: ASPI) <\/strong><\/p>\n

Class Period: October 30, 2024 – November 26, 2024<\/p>\n

Lead Plaintiff Deadline: February 3, 2025<\/p>\n

On November 26, 2024, Fuzzy Panda Research published a report which alleged that ASP Isotopes is \u201cusing old, disregarded laser enrichment technology to masquerade as a new, cutting-edge Uranium enrichment.\u201d The report quoted a former employee of Klydon (the company ASP Isotopes purchased its \u201cproprietary\u201d technology from) as stating scientists \u201cdid not think it would work on Uranium.\u201d The report revealed a series of experts interviewed stated the Company\u2019s reported cost estimates and timeline for building its HALEU uranium facilities was misleading to the point of being \u201cdelusional.\u201d The report further alleged the Company had significantly overstated the significance of its agreement with TerraPower, which was only a \u201cnon-binding\u201d memorandum of understanding entered into to \u201cput pressure on [TerraPower\u2019s] real suppliers.\u201d The report quoted a former TerraPower executives as stating that ASP Isotopes was \u201cmissing the manufacturing; They are missing the processes as well; They still have to develop the HALEU\u2026the most important part.\u201d Finally, the report revealed that the Company\u2019s subsidiary, Quantum Leap Energy, which operates its nuclear fuels segment and to which the Company assigned the TerraPower memoranda of understanding, was completely absent from its registered South African address. The report revealed there were \u201czero signs\u201d of their presence and \u201csecurity guards and neighboring business about them all told us they had never heard of the companies.\u201d<\/p>\n

On this news, the Company\u2019s stock price fell $1.80 or 23.53%, to close at $5.85 per share on November 26, 2024, on unusually heavy trading volume. The stock continued to fall on the subsequent trading date, falling $0.83 or 14.19%, to close at $5.02 per share on November 27, 2024, on unusually heavy trading volume.<\/p>\n

The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and\/or misleading statements, as well as failed to disclose material adverse facts about the Company\u2019s business, operations, and prospects. Specifically, Defendants failed to disclose to investors: (1) the Company overstated the potential effectiveness of its enrichment technology; (2) the Company overstated the development potential of its high assay low-enriched uranium facility; (3) the Company overstated the Company\u2019s nuclear fuels operating segment results; and (4) that, as a result of the foregoing, Defendants\u2019 positive statements about the Company\u2019s business, operations, and prospects were materially misleading and\/or lacked a reasonable basis.\u00a0<\/p>\n

For more information on the ASP Isotopes class action go to: https:\/\/bespc.com\/cases\/ASPI<\/a><\/p>\n

About Bragar Eagel & Squire, P.C.:<\/strong><\/p>\n

Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York, California, and South Carolina. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit www.bespc.com<\/u><\/a>. Attorney advertising. Prior results do not guarantee similar outcomes.<\/p>\n

Contact Information:<\/strong><\/p>\n

Bragar Eagel & Squire, P.C.
Brandon Walker, Esq.
Marion Passmore, Esq.
(212) 355-4648
investigations@bespc.com<\/a>
www.bespc.com<\/a><\/p>\n

\n <\/div>\n","protected":false},"excerpt":{"rendered":"

NEW YORK, Jan. 13, 2025 (GLOBE NEWSWIRE) — Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, reminds investors that class actions have been commenced on behalf of stockholders of Aehr Test Systems, Inc. (NASDAQ: AEHR), Five9, Inc. (NASDAQ:FIVN), DMC Global Inc. (NASDAQ: BOOM), and ASP Isotopes, Inc (NASDAQ: ASPI). Stockholders have […]<\/p>\n","protected":false},"author":2,"featured_media":89218,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"fifu_image_url":"https:\/\/ml.globenewswire.com\/Resource\/Download\/29481954-f2ff-4756-b5a9-d982a6497bd0","fifu_image_alt":"","footnotes":""},"categories":[208],"tags":[],"class_list":["post-89217","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-globenewswire"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/posts\/89217","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/comments?post=89217"}],"version-history":[{"count":0,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/posts\/89217\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/media\/89218"}],"wp:attachment":[{"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/media?parent=89217"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/categories?post=89217"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/tags?post=89217"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}