Bragar Eagel & Squire, P.C. Alerts Investors About Class Action Lawsuits Against Aehr, Five9, DMC Global, and Marqeta

NEW YORK, Jan. 07, 2025 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a well-known law firm focused on shareholder rights, is informing investors that class action lawsuits have been initiated on behalf of shareholders from Aehr Test Systems, Inc. (AEHR), Five9, Inc. (FIVN), DMC Global Inc. (BOOM), and Marqeta, Inc. (MQ). Shareholders must act quickly, as there are specific deadlines set for each class action case.

Aehr Test Systems, Inc. (AEHR)

The class action period for Aehr runs from January 9, 2024 to March 24, 2024, with the lead plaintiff deadline set for February 3, 2025. The allegations state that the defendants issued false or misleading statements and failed to disclose critical information regarding continuing significant delays in customer orders, which were ultimately damaging to Aehr's revenue growth and overall business prospects. When these details became public, the firm's stockholders experienced financial losses.

Five9, Inc. (FIVN)

For Five9, the class action period is from June 4, 2024 to August 8, 2024, also with a lead plaintiff deadline of February 3, 2025. The lawsuit claims that statements made during this timeframe were misleading. Rather than robust new business, Five9 faced struggles with customer budgets and bookings. The suit alleges that the assurances given regarding the company's customer base and retention rates lacked a reasonable foundation, leading to investor damages once the truth was revealed.

DMC Global Inc. (BOOM)

DMC Global's class action lawsuit covers the period from May 3, 2024 to November 4, 2024, with a lead plaintiff deadline of February 4, 2025. The allegations indicate that key information regarding the company's goodwill and internal systems was not disclosed, presenting a misleading picture of DMC Global's operations and projections. As a result, investors were misled regarding the financial performance of the company.

Marqeta, Inc. (MQ)

Marqeta's class action period spans from May 7, 2024 to November 4, 2024, with a lead plaintiff deadline of February 7, 2025. The lawsuit points to failures in disclosing regulatory challenges that would affect Marqeta's business outlook. The lack of transparency around these issues led to an unfortunate reduction in revenue guidance, causing financial damage to investors when the truth about the company's situation emerged.

About Bragar Eagel & Squire, P.C.

Bragar Eagel & Squire, P.C. is a recognized law firm with offices located in New York, California, and South Carolina. The firm advocates for both institutional and individual investors in various legal matters involving securities, commercial disputes, and other litigations across multiple jurisdictions. For more information about this firm, please visit their official website.

It is important for investors involved with these companies to pay attention to these developments and consider their options, including participating in the class actions to seek potential recoveries.

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