This is a securities class action seeking redress under the federal securities laws on behalf of all purchasers of GT Solar International, Inc. common stock pursuant or traceable to the Company’s false and misleading Registration Statement and Prospectus issued in connection with its July 24, 2008 initial public offering, seeking to pursue remedies under the Securities Act of 1933.

GT Solar caused the Registration Statement to be filed with the SEC in connection with, and for the purpose of, selling up to 30.3 million shares of GT Solar common stock owned by defendant GT Solar Holdings, LLC. On July 24, 2008, GT Solar consummated its IPO of 30.3 million shares at $16.50 per share for net proceeds of $500 million, pursuant to the Registration Statement. The proceeds from the Offering were distributed by GT Solar Holdings to its shareholders, defendants Oaktree Capital and GFI Energy Ventures.

The Registration Statement, and incorporated prospectus, failed to disclose that GT Solar’s principal customer, LDK Solar Co., Ltd., which accounted for 62% of the Company’s revenue during the fiscal year ended March 31, 2008, had ceased ordering and purchasing DSS Furnaces, GT Solar’s primary product, from GT Solar and that LDK had decided to enter into a three year contract to purchase multicrystalline and noncrystalline furnaces from the Company’s competitor JYT Corporation.

On this news, GT Solar’s stock price declined to as low as $9.30 per share before closing at $12.59 per share on July 25, 2008, losing close to 24% of its value in its second day of trading.

If you purchased GT Solar securities pursuant or traceable to the Registration Statement issued in connection with its July 24, 2008 IPO, you may move the court no later than September 30, 2008, to serve as a lead plaintiff of the class. In order to serve as a lead plaintiff, you must meet certain legal requirements. You do not need to seek appointment as a lead plaintiff in order to share in any recovery.