#United States #New York #ASML Holding #Class Action #Bronstein Gewirtz

ASML Investors Take Action Amid Significant Losses

In a recent announcement, Bronstein, Gewirtz & Grossman, LLC, a recognized law firm, has alerted investors about the opportunity to participate in a class action lawsuit against ASML Holding NV. This comes as a response to claims of substantial losses experienced by investors who acquired ASML securities during a specified time frame from January 24, 2024, to October 15, 2024.

The class action lawsuit aims to recover damages for alleged violations of federal securities laws committed by ASML and its executives. According to the filed complaint, several critical misrepresentations were made regarding the company’s operational status and future prospects in the semiconductor industry.

What Allegations are Being Made?

The complaint presents four significant allegations:
1. Severe Industry Issues: The lawsuit contends that ASML’s executives failed to adequately communicate the serious challenges faced by suppliers within the semiconductor sector.
2. Slow Recovery Pace: There are claims that the recovery rate of sales in the semiconductor industry has been far slower than what was publicly conveyed by ASML, misleading investors about the company's performance.
3. Misleading Communication: The firm alleges that ASML created an illusion of having reliable insights into customer requirements and anticipated growth while underestimating risks from both macroeconomic fluctuations and tightening export regulations relating to semiconductor technology.
4. Unsubstantiated Statements: Ultimately, the lawsuit argues that the statements made by ASML's management regarding the company's operations and future outlook lacked a solid foundation, suggesting that investors were misled about the company’s true state.

What Should Investors Do?

Investors who have experienced losses and are seeking to engage in this legal action are encouraged to act promptly, as the deadline to request being appointed as the lead plaintiff is January 13, 2025. Participating in the lawsuit does not obligate investors to serve as lead plaintiffs for them to recover potential damages.

Bronstein, Gewirtz & Grossman operates on a contingency fee basis, meaning that there are no upfront costs for participants. Investors will only be required to cover expenses if the lawsuit results in a successful recovery. This policy offers a risk-mitigated path for those wishing to reclaim losses through litigation.

Why Choose Bronstein, Gewirtz & Grossman, LLC?

Bronstein, Gewirtz & Grossman, LLC has a longstanding reputation for representing investors in securities fraud class actions and achieving significant recoveries. The firm has helped clients recoup hundreds of millions of dollars across various markets, which provides confidence to potential participants considering joining the lawsuit.

For more information or to view the lawsuit documentation, visit bgandg.com/ASML. Those interested in participating can also contact Peretz Bronstein or Client Relations Manager Nathan Miller at 332-239-2660.

This alert serves as a crucial reminder for ASML investors to remain vigilant and seek the necessary legal support to protect their investment interests effectively. Act now to ensure that your voice is heard in what could be a landmark class action case against ASML Holding NV.