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The filed complaint alleges that PDF Solutions, Inc. made materially false and/or misleading statements and/or failed to disclose that: On February 13, 2025, PDF issued a press release announcing their fourth-quarter and full-year total revenues for 2024. Despite reporting solid results, operating expenses increased and their accounts receivable balance was elevated at the end of the quarter. In addition, PDF faces challenges in aligning customer data for AI applications, which may impact the adoption of their AI-related products. Following this news, PDF’s stock price fell by $0.66 to open at $27.42 per share on February 14, 2025.
In order to be eligible to join the PDFS class action lawsuit, you must have incurred a loss on shares of PDF Solutions, Inc. purchased during the class period listed above.
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