Faruqi & Faruqi, LLP Investigates Potential Claims for ASML Investors

Faruqi & Faruqi, LLP, a well-known national securities law firm, is currently investigating potential legal claims on behalf of investors in ASML Holding N.V. (NASDAQ:ASML). The firm is particularly interested in investors who have incurred significant losses during a specific period.

If you have suffered losses exceeding $100,000 in ASML between January 24, 2024 and October 15, 2024, it is recommended that you reach out directly to James (Josh) Wilson, a partner at Faruqi & Faruqi, for legal guidance. You can contact him at 877-247-4292 or 212-983-9330 (Ext. 1310).

The firm has established a deadline of January 13, 2025 for investors seeking to be appointed as lead plaintiffs in a federal securities class action against ASML. According to the allegations, ASML and its executives made misleading statements about the company's performance and the semiconductor industry's challenges, leading to significant losses for investors.

The complaint states that ASML and its management downplayed the severity of issues affecting its suppliers, overstated the pace of recovery in sales, and failed to disclose critical risks associated with macroeconomic factors and new regulations on semiconductor technology exports.

Specifically, on October 15, 2024, ASML reported a distressing decline in quarterly bookings, revealing a drop of 53% compared to the previous quarter, which led to a significant decline in ASML's stock price by $141.84, or 16.26%, closing at $730.43 per share.

Investors interested in participating in this class action should be aware that the lead plaintiff is an individual representing the largest financial interest in the case. Others can choose to remain absent class members if they prefer not to take on this role.

Faruqi & Faruqi, LLP welcomes any information related to ASML that may assist the investigation. This includes insights from whistleblowers, former employees, and other shareholders.

For more details about the ASML class action, interested parties can visit Faruqi & Faruqi's website or contact Josh Wilson directly.

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Note: This publication is attorney advertising. The firm’s past results do not guarantee future outcomes. All communications are confidential.

Faruqi, investigation, lawsuit