ASML Holding(US:ASML) Prnewswireยท2024-12-27 10:45Core Viewpoint - A class action securities lawsuit has been filed against ASML Holding N.V. alleging securities fraud that adversely affected investors between January 24, 2024, and October 15, 2024 [3][5]. Group 1: Lawsuit Details - The lawsuit claims that ASML's management made false statements and concealed severe issues faced by suppliers in the semiconductor industry [3]. - It is alleged that the recovery pace of sales in the semiconductor industry was slower than publicly acknowledged by ASML [3]. - The complaint suggests that ASML misrepresented its understanding of customer demand and downplayed risks from macroeconomic fluctuations and regulatory restrictions on semiconductor technology exports [3]. Group 2: Investor Information - Investors in ASML Holding N.V. have until January 13, 2025, to request to be appointed as lead plaintiff in the lawsuit [1]. - 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 [7]. Group 3: Legal Representation - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions for shareholders over the past 20 years [4]. - The firm has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [4].