Core Viewpoint - A class action securities lawsuit has been filed against ASML Holding N.V. alleging securities fraud affecting investors between January 24, 2024, and October 15, 2024 [1][2]. Group 1: Allegations of the Lawsuit - The lawsuit claims that ASML's management made false statements regarding 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 slower than publicly acknowledged by ASML's management [2]. - The complaint asserts that ASML's management 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, the statements made by ASML regarding its business operations and future prospects lacked a reasonable basis [2]. Group 2: Next Steps for Affected Investors - Investors who suffered losses during the specified timeframe have until January 13, 2025, to request appointment as lead plaintiff in the lawsuit [3]. - Participation in the lawsuit does not require serving as a lead plaintiff, and class members may be entitled to compensation without any out-of-pocket costs [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a history of securing hundreds of millions of dollars for shareholders and has extensive expertise in complex securities litigation [4]. - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as one of the leading securities litigation firms in the United States [4].
Levi & Korsinsky Notifies Shareholders of ASML Holding N.V.(ASML) of a Class Action Lawsuit and an Upcoming Deadline