ASML INVESTOR DEADLINE: ASML Holding N.V. Investors with Substantial Losses Have Opportunity to Lead Shareholder Class Action Lawsuit

Core Viewpoint - The ASML class action lawsuit alleges that the company and certain executives made misleading statements regarding the semiconductor industry's challenges and the company's performance, leading to significant stock price declines [3][4][5]. Group 1: Class Action Lawsuit Details - The class action lawsuit is titled "City of Hollywood Firefighters' Pension Fund v. ASML Holding N.V." and covers purchasers of ASML ordinary shares from January 24, 2024, to October 15, 2024 [1]. - Investors have until January 13, 2025, to seek appointment as lead plaintiff in the lawsuit [1][6]. - The lawsuit claims that ASML and its executives violated the Securities Exchange Act of 1934 [1][3]. Group 2: Allegations Against ASML - The lawsuit alleges that ASML misrepresented the severity of issues faced by suppliers in the semiconductor industry and the pace of recovery in sales [3]. - It is claimed that ASML downplayed risks from macroeconomic fluctuations and regulatory changes affecting semiconductor technology exports [3]. - On October 15, 2024, ASML reported a quarterly booking of €2.63 billion, a 53% decline from €5.6 billion in the previous quarter, and revised its full-year 2025 net sales expectations to between €30 billion and €35 billion [4]. Group 3: Impact on Stock Price - Following the announcement of poor quarterly results, ASML's stock price fell more than 16% [4]. - During an earnings call on October 16, 2024, ASML's executives acknowledged a slow recovery in the semiconductor market, leading to a further stock price decline of over 6% [5].