Aixtron SE is a German technology company that, which specializes in manufacturing metal-organic chemical vapor deposition equipment for clients in the semiconductor industry.

According to the law firm press release, the Complaint alleges that throughout the Class Period, Defendants failed to disclose: (1) that the AIX R6 MOCVD systems that were to be shipped to the Company’s large Chinese customer (San’an Optoelectronics) did not meet the customer’s specific qualification requirements; (2) that, as such, the Company’s agreement with San’an Optoelectronics to ship 50 of the Company’s AIX R6 MOCVD systems to San’an Optoelectronics was unlikely to be executed; (3) that the impending failure to execute the original agreement would have a substantial negative impact on the Company’s prospects; and (4) that, as a result of the foregoing, Defendants’ statements about AIXTRON’s business, operations, and prospects were false and misleading and/or lacked a reasonable basis.

On May 9, 2016, the Court issued an Order appointing Lead Plaintiff and Lead Counsel. Lead Plaintiff filed a consolidated complaint on June 8.

On December 20, 2016, the Court issued an Order granting Defendant's Motion to Dismiss. Judgment was entered on December 30.