Faruqi & Faruqi, LLP Investigates Claims For ASML Holding Investors By Investing.com

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Urges Investors Suffering Losses Over $100,000 to ASML To Contact Him Directly To Discuss Their Options

If you suffer losses in excess of $100,000 in ASML between January 24, 2024 and October 15, 2024 and want to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson direct on 877-247-4292 or 212-983-9330 (Ext. 1310).

(You can also click here for more information)

New York, New York–(Newsfile Corp. – December 25, 2024) – Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against ASML Holding (AS 🙂 NV (“ASML” or the ” Company”) (NASDAQ: ASML) and reminds investors of January 13, 2025 deadline to seek the role of lead plaintiff in a federal securities class action filed against the Company.

Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com.

As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) the issues facing suppliers, such as ASML, in the semiconductor industry are more severe than Defendants have indicated to investors; (2) the pace of recovery in semiconductor industry sales is slower than Defendants have publicly acknowledged; (3) The defendants created the false impression that they had reliable information about customer demand and expected growth, while also minimizing the risk from macroeconomic and industry fluctuations, as well as the more stable on regulations restricting the export of semiconductor technology, including products sold by ASML; and (4) as a result, the defendants’ statements about the Company’s business, operations, and prospects are without a reasonable basis.

On October 15, 2024, ASML published its earnings for the third quarter of 2024, revealing quarterly bookings of €2.63 billion, a decrease of 53% quarter-over-quarter. The Company also announced that it expects full-year 2025 total net sales to be between €30 billion and €35 billion, with a gross margin between 51% and 53%.

On this news, ASML’s stock price fell $141.84, or 16.26%, to close at $730.43 per share on October 15, 2024, thus hurting investors.

The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is substantially and generally among the class members managing and managing the litigation on behalf of the purported class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain a non-class member. Your ability to share in any recovery is not affected by the decision to serve as lead plaintiff or not.

Faruqi & Faruqi, LLP also encourages anyone with information about ASML’s conduct to contact the company, including whistleblowers, former employees, shareholders and others.

Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Past results do not guarantee or predict similar results with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated confidentially.

To view the original version of this press release, please visit https://www.newsfilecorp.com/release/234565

Source link