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Robbins LLP Urges ASML Stockholders with Large Losses to Contact the Firm for Information About the ASML Holding N.V. Class Action Lawsuit
ASML HoldingASML Holding(US:ASML) GlobeNewswire News Roomยท2024-12-03 05:13

Core Viewpoint - A class action lawsuit has been filed against ASML Holding N.V. for allegedly misleading investors regarding the impact of semiconductor industry issues on the company's performance [1][2]. Group 1: Allegations Against ASML - The lawsuit claims that ASML failed to disclose the severity of issues faced by suppliers in the semiconductor industry, which were more severe than indicated [2]. - It is alleged that the recovery pace of sales in the semiconductor industry was much slower than publicly acknowledged by ASML [2]. - The defendants purportedly created a false impression of having reliable information on customer demand and growth while downplaying risks from macroeconomic fluctuations and stricter export regulations on semiconductor technology [2]. - As a result of these misleading statements, ASML's stock has significantly declined, harming investors [2]. Group 2: Class Action Participation - Shareholders who wish to serve as lead plaintiffs in the class action must submit their applications by January 13, 2025 [3]. - Participation in the case is not required to be eligible for recovery; shareholders can remain absent class members if they choose [3]. Group 3: About Robbins LLP - Robbins LLP is a recognized leader in shareholder rights litigation, having recovered over $1 billion for shareholders since its inception in 2002 [4].