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ASML Holding N.V. (ASML) Investors Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
ASML HoldingASML Holding(US:ASML) Prnewswireยท2025-01-06 17:00

Core Viewpoint - Investors in ASML Holding N.V. have the opportunity to lead a securities fraud class action lawsuit due to alleged misleading statements regarding the semiconductor industry's challenges and the company's performance [1][2]. Summary by Relevant Sections Lawsuit Details - The lawsuit alleges that from January 24, 2024, to October 15, 2024, ASML's management failed to disclose severe issues faced by suppliers in the semiconductor industry, which were more significant than indicated [2]. - It is claimed that the recovery pace of sales in the semiconductor industry was slower than publicly acknowledged by ASML [2]. - The complaint states that ASML 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 positive statements made by ASML regarding its business and prospects were materially misleading and lacked a reasonable basis [2].