{"id":405291,"date":"2020-12-23T15:28:49","date_gmt":"2020-12-23T20:28:49","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=405291"},"modified":"2020-12-23T15:28:49","modified_gmt":"2020-12-23T20:28:49","slug":"gainey-mckenna-egleston-announces-a-class-action-lawsuit-has-been-filed-against-acm-research-inc-acmr","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/gainey-mckenna-egleston-announces-a-class-action-lawsuit-has-been-filed-against-acm-research-inc-acmr\/","title":{"rendered":"Gainey McKenna & Egleston Announces A Class Action Lawsuit Has Been Filed Against ACM Research, Inc. (ACMR)"},"content":{"rendered":"
\n

NEW YORK, Dec. 23, 2020 (GLOBE NEWSWIRE) — Gainey McKenna & Egleston announces that a class action lawsuit has been filed against ACM Research, Inc. (\u201cACM\u201d or the \u201cCompany\u201d) (NASDAQ: ACMR) in the United States District Court for the Northern District of California on behalf of those who purchased or acquired the securities of ACM between March 6, 2019 and October 7, 2020, inclusive (the \u201cClass Period\u201d). The lawsuit seeks to recover damages for ACM investors under the federal securities laws.<\/p>\n

The Complaint alleges Defendants throughout the Class Period made false and\/or misleading statements and\/or failed to disclose that: (1) the Company\u2019s revenue and profits had been diverted to undisclosed related parties; (2) accordingly, the Company had materially overstated its revenues and profits; and (3) as a result, Defendants\u2019 statements about ACM\u2019s business, operations, and prospects lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.<\/p>\n

Investors who purchased or otherwise acquired shares of ACM during the Class Period should contact the Firm prior to the February 19, 2021 <\/em><\/strong>lead plaintiff motion deadline. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.\u00a0 If you wish to discuss your rights or interests regarding this class action, please contact Thomas J. McKenna, Esq. or Gregory M. Egleston, Esq. of Gainey McKenna & Egleston at (212) 983-1300, or via e-mail at tjmckenna@gme-law.com<\/u><\/a> or gegleston@gme-law.com<\/u><\/a>.<\/p>\n

Please visit our website at http:\/\/www.gme-law.com<\/u><\/a> for more information about the firm.<\/p>\n

\n
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\n \n <\/div>\n

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

NEW YORK, Dec. 23, 2020 (GLOBE NEWSWIRE) — Gainey McKenna & Egleston announces that a class action lawsuit has been filed against ACM Research, Inc. (\u201cACM\u201d or the \u201cCompany\u201d) (NASDAQ: ACMR) in the United States District Court for the Northern District of California on behalf of those who purchased or acquired the securities of ACM between March 6, 2019 and October 7, 2020, inclusive (the \u201cClass Period\u201d). The lawsuit seeks to recover damages for ACM investors under the federal securities laws. The Complaint alleges Defendants throughout the Class Period made false and\/or misleading statements and\/or failed to disclose that: (1) the Company\u2019s revenue and profits had been diverted to undisclosed related parties; (2) accordingly, the Company had materially overstated its … <\/p>\n

Continue reading “Gainey McKenna & Egleston Announces A Class Action Lawsuit Has Been Filed Against ACM Research, Inc. (ACMR)”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-405291","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nGainey McKenna & Egleston Announces A Class Action Lawsuit Has Been Filed Against ACM Research, Inc. 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