GlobeNewswire Inc | Oct 8, 2020 10:57AM EDT

October 08, 2020

BOSTON, Oct. 08, 2020 (GLOBE NEWSWIRE) -- This morning, analyst J Capital Research published a report concerning ACM Research, Inc. (NASDAQ: ACMR) in which J Capital concluded that ACM Research is a fraud, over-reporting both revenue and profit. The report is based in part on J Capitals visits to sites in China, Korea, and California and more than 40 interviews. J Capital found that [w]hat real profit the company has is apparently being siphoned off to related parties. The J Capital report concluded that ACM Researchs revenue was overstated by 15-20%, and explained that J Capital has evidence that undisclosed related parties are diverting revenue and profit from the company. This news stunned the market, causing ACM Research shares to plummet in intraday trading.

Block & Leviton LLP (www.blockleviton.com), a national securities litigation firm, is investigating whether ACM Research and certain of its executives may be liable for securities fraud. If you purchased or acquired shares of ACM Research and have questions about your legal rights or possess information relevant to these investigations, please contact Block & Leviton attorneys at (617) 398-5600, via email at cases@blockleviton.com, or at https://www.blockleviton.com/cases/acmr.

Block & Leviton LLP is a firm dedicated to representing investors and maintaining the integrity of the countrys financial markets. The firm represents many of the nations largest institutional investors as well as individual investors in securities litigation throughout the United States. The firms lawyers have recovered billions of dollars for its clients.

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CONTACT:BLOCK & LEVITON LLP260 Franklin St., Suite 1860Boston, MA 02110Phone: (617) 398-5600Email: cases@blockleviton.comSOURCE: Block & Leviton LLPwww.blockleviton.com