Class Action Filed Against ASML Holding N.V. (ASML) - January 13, 2025 Deadline to Join - Contact The Gross Law Firm

Core Viewpoint - The Gross Law Firm has announced a class action lawsuit against ASML Holding N.V. due to allegations of misleading statements regarding the company's performance and the semiconductor industry's challenges [1][3]. Group 1: Allegations Against ASML - The complaint claims that ASML's management provided materially false and misleading statements about the severity of 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 what ASML publicly acknowledged [3]. - The defendants are accused of creating 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 [3]. - As a result, the statements made by ASML regarding its business operations and future prospects lacked a reasonable basis [3]. Group 2: Class Action Details - The class period for the lawsuit is defined from January 24, 2024, to October 15, 2024 [4]. - Shareholders who purchased ASML shares during this period are encouraged to register for the class action and can monitor the case's progress through portfolio monitoring software [4]. - The deadline for shareholders to seek lead plaintiff status is January 13, 2025, with no cost or obligation to participate in the case [4].