The Law Offices of Frank R. Cruz is investigating potential claims against the board of directors of ACM Research, Inc. (“ACM Research” or the “Company”) (NASDAQ: ACMR) concerning whether the board breached its fiduciary duties to shareholders.
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On October 8, 2020, J Capital Research published a report, alleging, among other things, that the Company’s revenues are overstated by 15-20%. Citing more than 40 interviews and site visits, the report alleged that it had “evidence that undisclosed related parties are diverting revenue and profit from the company.”
Our investigation concerns whether the Company’s board of directors breached its fiduciary duties to shareholders and/or grossly mismanaged the Company in connection with the above alleged misconduct.
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If you still hold ACM Research shares purchased before October, 2020 and wish to discuss this matter with us, or have any questions concerning your rights and interests with regards to this matter, please contact Frank R. Cruz, of The Law Offices of Frank R. Cruz, 1999 Avenue of the Stars, Suite 1100, Los Angeles, California 90067 at 310-914-5007, by email to info@frankcruzlaw.com, or visit our website at www.frankcruzlaw.com. If you inquire by email please include your mailing address, telephone number and number of shares purchased.
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View source version on businesswire.com: https://www.businesswire.com/news/home/20201023005117/en/
Contacts:
Frank R. Cruz, 310-914-5007
fcruz@frankcruzlaw.com
www.frankcruzlaw.com
