Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against Amtech Systems, Inc. (“Amtech” or the “Company”) (NASDAQ: ASYS) on behalf of Amtech stockholders. Our investigation concerns whether Amtech has violated the federal securities laws and/or engaged in other unlawful business practices.
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On December 13, 2023, Amtech announced that it anticipated taking an impairment charge in its Materials and Substrate segment in part due to a “prolonged downturn . . . in the semiconductor industry and delays in the adoption of next-gen polishing tools.”
On this news, Amtech’s stock price fell $1.89, or 31.6%, to close at $4.10 per share on December 14, 2023, thereby injuring investors.
If you purchased or otherwise acquired Amtech shares and suffered a loss, are a long-term stockholder, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Marion Passmore by email at investigations@bespc.com, by telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you.
About Bragar Eagel & Squire, P.C.:
Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York and California. 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. Attorney advertising. Prior results do not guarantee similar outcomes.
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Contacts
Bragar Eagel & Squire, P.C.
Brandon Walker, Esq.
Marion Passmore, Esq.
(212) 355-4648
investigations@bespc.com
www.bespc.com