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James (Josh) Wilson, a litigation partner at Farooqui & Farooqui, LLP Securities, encourages investors who have suffered losses of more than $100,000 in ASML to contact him directly.
If you have a loss of more than $100,000 ASML Between January 24, 2024 and October 15, 2024 And you want to discuss your legal rights, call Farooqui & Farooqui Partner Josh Wilson live as if 877-247-4292 Or 212-983-9330 (Ex. 1310).
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NEW YORK, NY–( The News File Corp. – Jan. 9, 2025 ) – Faruqi & Faruqi, LLP, a leading national securities law firm, has filed potential claims against ASML Holding (AS:) NV (“ASML” or “”). (NASDAQ: ASML) and investors January 13, 2025 deadline To seek the role of lead plaintiff in a federal securities class action against the company.
Farooki & Farooki is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The organization Since its inception in 1995, it has returned hundreds of millions of dollars to investors. Check out 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: (1) issues they were experiencing with suppliers in the semiconductor industry, such as ASML; The defendants were more serious than they indicated to the investors; (2) the pace of sales recovery in the semiconductor industry was much slower than defendants publicly claimed; (3) Defendants misrepresented that they had reliable information regarding customer demand and projected growth, as well as mitigating risk from macroeconomic and industry fluctuations, as well as strong regulations restricting the export of semiconductor technology, that ASML supplied the products it sold. ; and (4) as a result, defendants’ representations about the company’s business, practices, and prospects lacked a reasonable basis.
In the year On October 15, 2024, ASML published earnings for the third quarter of 2024, which showed quarterly subscriptions of 2.63 billion euros, a 53% quarter-over-quarter decline. The company 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, hurting investors.
The court-appointed lead plaintiff is the investor with the greatest financial interest in obtaining the relief sought by the class, who is sufficient and the class members who lead and control the litigation on behalf of the class members. Any member of the mandatory class may ask the court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain as a residual class member. Your ability to participate in any recovery is not affected by the decision to serve as lead plaintiff or not.
Faruqi & Faruqi, LLP encourages anyone with information regarding ASML’s conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
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Notice of attorney. The law firm responsible for this announcement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Past results do not guarantee or predict similar results for any future case. We welcome the opportunity to discuss your case. All communications are treated confidentially.
To view the source of this press release, please visit https://www.newsfilecorp.com/release/236493.
