Faruqi & Faruqi, LLP Investigates Claims for ASML Holding Investors

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson encourages investors who have suffered losses exceeding $100,000 in ASML to contact him directly to discuss their options.

If you experienced losses greater than $100,000 in ASML between January 24, 2024, and October 15, 2024, and wish to discuss your legal rights, you can reach out to Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).

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NEW YORK, Nov. 26, 2024 (GLOBE NEWSWIRE) -- Faruqi & Faruqi, LLP is a national securities law firm that is currently investigating potential claims against ASML Holding N.V. ("ASML" or the "Company") and would like to remind investors of the January 13, 2025 deadline to seek the role of lead plaintiff in a federal securities class action that has been initiated against ASML.

Established in 1995, Faruqi & Faruqi has offices in New York, Pennsylvania, California, and Georgia. The firm has successfully recovered hundreds of millions of dollars for its clients. For more information, visit www.faruqilaw.com.

The complaint against ASML alleges that the Company and its executives violated federal securities laws. Specifically, it claims they made false statements or failed to disclose critical information about the semiconductor industry challenges facing suppliers, including ASML. Allegedly, these issues were much worse than what the executives communicated to investors, leading to a significant underreporting of risk factors. Additionally, it was claimed that the recovery rate in sales was considerably slower than the Company had made publicly known.

On October 15, 2024, ASML released its third-quarter earnings for 2024, indicating a quarterly booking drop to €2.63 billion, a 53% decline compared to the previous quarter. They also projected total net sales for 2025 would be between €30 billion and €35 billion, with gross margins between 51% and 53%.

This announcement resulted in a substantial drop in ASML's stock price, which fell by $141.84, or 16.26%, closing at $730.43 per share on that day, negatively impacting investors.

The lead plaintiff in the case is typically the investor with the most significant financial stake who can also represent the interests of the entire class. Any member of the class may apply to serve as the lead plaintiff through their attorney or may choose to remain a passive member. Voting in the lead plaintiff election does not impact the ability to receive any recovery from the action.

Faruqi & Faruqi also invites anyone with information concerning ASML's actions to reach out, including potential whistleblowers, former employees, and shareholders.

For further details on the ASML class action, visit www.faruqilaw.com/ASML or contact Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).

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Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Past results are not indicative of future outcomes. We welcome the opportunity to discuss your individual case. All communications will remain confidential.

ASML, lawsuit, investors