ACM Research, Inc

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Company Name	ACM Research, Inc
Stock Symbol	ACMR
Class Period	March 06, 2019 to October 07, 2020
Lead Plaintiff Motion Deadline	February 19, 2021

On October 8, 2020, J Capital Research issued a report, stating among other things, “ACM Research (ACMR) is a fraud, over-reporting both revenue and profit. What real profit the company has is apparently being siphoned off to related parties.” The report also concluded “ACMR reports industry-beating gross margins of 47%. J Capital Research believes the real gross margins are half that at best. That would wipe out the company’s net profit.” The report also stated that “. . . estimate[s] that revenue is overstated by 15-20%, ” and “. . . evidence that undisclosed related parties are diverting revenue and profit from the company.”

On this news, the Company’s stock price fell $1.09, or 1.52%, to close at $70.79 per share on October 8, 2020, thereby injuring investors.

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If you suffered a loss on your ACM Research, Inc investments or would like to inquire about joining an action to recover your loss under the federal securities laws, please complete the form below. Please note that submission of this form does not by itself form an attorney-client relationship nor does filing out this form mean you have joined any lawsuit.

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