ASML Investor Alert: Class Action Lawsuit Details

NEW YORK, Dec. 29, 2024 (GLOBE NEWSWIRE) -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC, a well-known law firm, has alerted investors about a class action lawsuit that has recently been filed against ASML Holding NV, commonly referred to as ASML, and certain individuals within the company.

Class Action Overview

This lawsuit aims to recover damages for alleged violations of federal securities laws, intended for individuals and entities who purchased or acquired ASML securities between January 24, 2024, and October 15, 2024 (referred to as the "Class Period"). Individuals who fit this description are encouraged to participate in the lawsuit by visiting the firm's website at bgandg.com/ASML.

Allegations Against ASML

The complaint outlines several key allegations against the defendants. It claims that they misled investors by failing to disclose serious issues faced by ASML's suppliers within the semiconductor industry, issues that were reportedly much more severe than what was communicated. The defendants also allegedly underestimated the recovery pace of sales in the semiconductor sector. Furthermore, they presented an untrue impression that they had reliable insights regarding customer demand and growth, while minimizing risks associated with economic fluctuations and stricter regulations on semiconductor technology exports, which includes ASML's products. These actions rendered their statements about the company's business and prospects unsubstantiated.

Next Steps for Investors

A class action lawsuit has been initiated. Interested parties wishing to view the complete complaint can do so by visiting the firm's site: bgandg.com/ASML or by contacting Peretz Bronstein, Esq. or Client Relations Manager Nathan Miller at Bronstein, Gewirtz & Grossman, LLC via phone at 332-239-2660. Those who suffered losses related to ASML securities have until January 13, 2025, to apply to the court to be appointed as lead plaintiff. Note that participating in any recovery does not require serving as lead plaintiff.

No Cost to Participants

The law firm represents investors involved in class actions on a contingency fee basis, meaning they will only request reimbursement for expenses and attorney fees if they achieve a successful outcome.

Why Choose Bronstein, Gewirtz & Grossman?

Bronstein, Gewirtz & Grossman, LLC is recognized nationally for its expertise in representing investors in securities fraud class actions and related lawsuits. The firm has successfully recovered hundreds of millions of dollars for investors across the country.

Attorney advertising. Previous results do not guarantee similar outcomes.

Contact Information

For more information, reach out to:

Bronstein, Gewirtz & Grossman, LLC

Peretz Bronstein or Nathan Miller

332-239-2660 | [email protected]

ASML, lawsuit, investors