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Mealeys

MLex

May 09, 2024

Nowakowski v. AXT, Inc. et al

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Case Number:

3:24-cv-02778

Court:

California Northern

Nature of Suit:

Securities/Commodities

Multi Party Litigation:

Class Action

Judge:

Maxine M. Chesney

Firms

Companies

Sectors & Industries:

View recent docket activity

Reflects complaints, answers, motions, orders and trial notes entered from Jan. 1, 2011.
Additional or older documents may be available in Pacer.

Coverage

  1. July 08, 2026

    AXT Beats Suit Over Subsidiary IPO Risk Disclosures For Now

    A California federal judge has tossed a suit alleging AXT Inc. and two of its executives misled investors about risks with a planned initial public offering of its Chinese subsidiary, finding the suit fails to plead adequately that the executives acted with knowledge of wrongdoing or that the alleged corrective disclosure caused AXT's stock price to drop.

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