Core Viewpoint - A class action securities lawsuit has been filed against ASML Holding N.V. due to alleged securities fraud affecting investors between January 24, 2024, and October 15, 2024 [1][2]. Group 1: Allegations of Fraud - The lawsuit claims that ASML's management made false statements and concealed severe issues faced by suppliers in the semiconductor industry [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 regarding customer demand and growth while downplaying risks from macroeconomic fluctuations and stricter export regulations on semiconductor technology [2]. - As a result, the statements made by the defendants regarding ASML's business operations and prospects lacked a reasonable basis [2]. Group 2: Legal Process and Participation - Investors who suffered losses during the specified timeframe have until January 13, 2025, to request to be appointed as lead plaintiff in the case [3]. - Participation in the lawsuit does not require investors to incur any out-of-pocket costs or fees, and they may be entitled to compensation as class members [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a history of securing hundreds of millions of dollars for shareholders and is recognized as one of the top securities litigation firms in the United States [4].
Contact Levi & Korsinsky by January 13, 2025 Deadline to Join Class Action Against ASML Holding N.V.(ASML)