Investors Urged to Participate in ASML Securities Fraud Class Action Lawsuit

Investors Have the Opportunity to Influence the ASML Class Action

ASML Holding N.V., a significant player in the semiconductor industry, is facing a class action lawsuit concerning allegations of securities fraud. If you purchased ordinary shares of ASML, including call options, or sold put options between January 24, 2024, and October 15, 2024, you may qualify to participate in this critical legal action. The deadline to become a lead plaintiff in the case is January 13, 2025.

Why Participate?

Rosen Law Firm, a renowned international investor rights law firm, is spearheading the class action. They remind investors that participating in the lawsuit may allow them to receive compensation for their losses without incurring out-of-pocket costs, thanks to a contingency fee structure. As such, you can recoup what you’ve lost during the period in question without needing to pay legal fees up front.

The firm highlights the importance of being represented by accomplished legal counsel, as not all law firms that advertise securities class actions have the requisite experience or ability to litigate effectively. Rosen Law Firm has built a strong reputation by achieving notable settlements, including the largest settlement against a Chinese company at a certain point in time. In 2019 alone, they secured over $438 million for investors, demonstrating their efficacy in handling securities fraud cases.

Details of the Allegations

The allegations in the lawsuit assert that during the defined Class Period, ASML executives made several misleading statements to investors. They failed to disclose the severe issues being faced by ASML suppliers in the highly competitive semiconductor market, which affected the company’s sales recovery capabilities. Furthermore, executives allegedly misrepresented their knowledge of customer demand and downplayed potential risks arising from macroeconomic and regulatory variances concerning semiconductor technology exports.

As a result of these misleading actions, when the true conditions of the market and company operations came to light, investors experienced considerable losses in their investments.

How to Act

To participate in the ASML class action, individuals can visit the Rosen Law Firm's website, where they can submit their information via an online form. Alternatively, they can reach out directly to Phillip Kim, an attorney at Rosen Law Firm, via phone or email for personalized assistance. The firm encourages interested parties to move quickly, as becoming a lead plaintiff entails formally petitioning the court and must be executed before the upcoming deadline.

Points to Remember

It is crucial to note that a class has not yet been certified. This means that, unless you select and retain your own counsel, you are not represented in any formal capacity unless you choose to move forward in the class action lawsuit. Investors also have the option to stay outside the proceedings if they prefer not to be actively involved at this time.

Stay informed about developments in the case and the law firm’s related activities by following them on social media platforms such as LinkedIn, Twitter, and Facebook.

In conclusion, if you are an investor who incurred losses from ASML stocks during the specified timeframe, taking action now could be beneficial as the lawsuit progresses. Ensuring that your rights as an investor are protected is of utmost importance, and participating in the class action may serve that purpose effectively.