Faruqi & Faruqi, LLP Investigates ASML Holding Claims

Faruqi & Faruqi, LLP, a leading national securities law firm, is actively investigating potential claims on behalf of investors of ASML Holding N.V. (ASML).

This investigation focuses on losses suffered by investors greater than $100,000 from January 24, 2024, to October 15, 2024, in relation to ASML's actions.

If you are one of these investors, it is important to explore your legal rights. To do so, please contact Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).

Investors are reminded of a critical deadline. There is a January 13, 2025, cutoff date to seek the lead plaintiff role in a federal securities class action that has been filed against ASML.

The law firm has a successful track record, recovering hundreds of millions for investors since its establishment in 1995. For more information, visit their website.

The complaint against ASML alleges that the company, along with its executives, has violated federal securities laws. Specifically, the allegations assert that they made false or misleading statements and failed to disclose essential information to investors. This includes serious supply issues in the semiconductor industry, which were more severe than what ASML had represented. Furthermore, the recovery pace of sales in the semiconductor industry was slower than indicated, and ASML downplayed risks such as regulatory changes affecting technology exports.

On October 15, 2024, ASML posted its third-quarter earnings, reporting €2.63 billion in quarterly bookings, marking a 53% decline compared to the previous quarter. The company also projected total net sales to be between €30 billion and €35 billion for the full year 2025, with a gross margin of 51% to 53%.

Following this announcement, ASML stock dropped significantly, with a decline of $141.84, or 16.26%, closing at $730.43 per share. This stock price drop has caused substantial injury to investors.

A lead plaintiff is an individual who has the largest financial interest in the case and oversees the litigation on behalf of the class. Members of the class may choose to apply to become the lead plaintiff or can remain uninvolved. Choosing to not serve in this role does not affect a members’ potential recovery.

Faruqi & Faruqi, LLP encourages anyone with additional information regarding ASML’s practices to reach out, including former employees and whistleblowers. Gathering further information is essential for a thorough investigation.

For more details about the class action involving ASML, please visit their website or call Josh Wilson directly at the provided numbers.

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ASML, Securities, Investors