Faruqi & Faruqi, LLP Investigates ASML Holding Claims: Investors Urged to Act
In a recent development, Faruqi & Faruqi, LLP, a prominent national securities law firm, has initiated an investigation regarding potential legal claims concerning ASML Holding N.V. (NASDAQ: ASML). This scrutiny comes in light of significant losses sustained by investors, particularly those whose investments exceeded $100,000 between January 24, 2024, and October 15, 2024. Investors affected by these losses are strongly encouraged to reach out to partner Josh Wilson directly at the firm to explore their legal options. The deadline for seeking the lead plaintiff role in a federal class action suit against ASML is set for January 13, 2025.
The investigation raises significant concerns: allegations have surfaced suggesting that the company and its executives may have violated federal securities laws by making misleading statements or failing to disclose critical information regarding the state of the semiconductor industry. Investors were reportedly misled about the severity of issues faced by suppliers to ASML, as well as the actual pace of recovery in the sector. Furthermore, the firm alleges that misleading statements created an inaccurate portrayal of the company's knowledge about customer demand and expected growth, while underplaying risks linked to macroeconomic conditions and stringent regulations affecting semiconductor technology exports.
On October 15, 2024, ASML released its Q3 earnings report, which showed a staggering 53% decline in quarterly bookings, dropping to €2.63 billion. Following this announcement, ASML's stock took a significant hit, falling 16.26% to close at $730.43 per share. Such a decline has understandably left many investors concerned about their holdings. The investigation aims not only to protect investors but also to hold ASML accountable for the potential misinformation they have provided.
Faruqi & Faruqi has a well-established history, having recovered hundreds of millions of dollars for investors since its inception in 1995. With offices across the nation, the firm remains committed to advocating for investor rights. In this context, potential members of the plaintiff class are reminded that they may choose to remain absent from the proceedings, regardless of their decision to step up as lead plaintiff. Importantly, the decision to become lead plaintiff will not affect their eligibility for any potential recovery.
The law firm is also extending an invitation for those who have relevant information about ASML's conduct, including whistleblowers, former employees, and shareholders, to reach out. This is an opportunity to contribute to a cause that may significantly impact fellow investors.
To learn more about the class action against ASML and the investigation by Faruqi & Faruqi, interested parties should visit www.faruqilaw.com/ASML or contact partner Josh Wilson directly at 877-247-4292 or at 212-983-9330 (Ext. 1310). Following the case’s progress can also be done through the firm’s social media updates on platforms like LinkedIn and Facebook. This investigation serves as a reminder of the importance of transparency and accountability in corporate practices, particularly for investors who trust companies like ASML with their financial futures.
The investigation raises significant concerns: allegations have surfaced suggesting that the company and its executives may have violated federal securities laws by making misleading statements or failing to disclose critical information regarding the state of the semiconductor industry. Investors were reportedly misled about the severity of issues faced by suppliers to ASML, as well as the actual pace of recovery in the sector. Furthermore, the firm alleges that misleading statements created an inaccurate portrayal of the company's knowledge about customer demand and expected growth, while underplaying risks linked to macroeconomic conditions and stringent regulations affecting semiconductor technology exports.
On October 15, 2024, ASML released its Q3 earnings report, which showed a staggering 53% decline in quarterly bookings, dropping to €2.63 billion. Following this announcement, ASML's stock took a significant hit, falling 16.26% to close at $730.43 per share. Such a decline has understandably left many investors concerned about their holdings. The investigation aims not only to protect investors but also to hold ASML accountable for the potential misinformation they have provided.
Faruqi & Faruqi has a well-established history, having recovered hundreds of millions of dollars for investors since its inception in 1995. With offices across the nation, the firm remains committed to advocating for investor rights. In this context, potential members of the plaintiff class are reminded that they may choose to remain absent from the proceedings, regardless of their decision to step up as lead plaintiff. Importantly, the decision to become lead plaintiff will not affect their eligibility for any potential recovery.
The law firm is also extending an invitation for those who have relevant information about ASML's conduct, including whistleblowers, former employees, and shareholders, to reach out. This is an opportunity to contribute to a cause that may significantly impact fellow investors.
To learn more about the class action against ASML and the investigation by Faruqi & Faruqi, interested parties should visit www.faruqilaw.com/ASML or contact partner Josh Wilson directly at 877-247-4292 or at 212-983-9330 (Ext. 1310). Following the case’s progress can also be done through the firm’s social media updates on platforms like LinkedIn and Facebook. This investigation serves as a reminder of the importance of transparency and accountability in corporate practices, particularly for investors who trust companies like ASML with their financial futures.
Topics Financial Services & Investing）
【About Using Articles】
You can freely use the title and article content by linking to the page where the article is posted.
※ Images cannot be used.
【About Links】
Links are free to use.