ASML Holding(US:ASML) Prnewswireยท2025-01-09 10:45Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of ASML Holding N.V. regarding a class action lawsuit due to alleged misleading statements and omissions related to the semiconductor industry [1][2]. Group 1: Allegations - The complaint alleges that ASML's management misrepresented the severity of issues faced by suppliers in the semiconductor industry [1]. - It is claimed that the recovery pace of sales in the semiconductor industry was slower than publicly acknowledged by ASML [1]. - The defendants allegedly created a false impression of having reliable information on customer demand and growth while downplaying risks from macroeconomic fluctuations and regulatory restrictions [1]. - As a result, the statements made by ASML regarding its business operations and prospects lacked a reasonable basis [1]. Group 2: Class Action Details - The class period for the lawsuit is defined as January 24, 2024, to October 15, 2024 [1]. - Shareholders are encouraged to register for the class action by January 13, 2025, to be eligible for potential recovery [2]. - Participants will be enrolled in a portfolio monitoring system to receive updates on the case's progress [2]. Group 3: Law Firm Background - The Gross Law Firm is recognized nationally for its commitment to protecting investors' rights against deceit and illegal business practices [3]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors affected by misleading statements [3].