Faruqi & Faruqi, LLP is investigating the claims on behalf of ASML Holding investor Investing.com

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Faruqi & Faruqi, LLP securities litigation partner James (Josh) Wilson encourages investors who have suffered losses greater than $100,000 in ASML to contact him directly to discuss their options

If you have suffered losses greater than $100,000 in ASML between January 24, 2024 and October 15, 2024 and want to discuss your legal rights, call a Faruqi & Faruqi partner Josh Wilson direct on 877-247-4292 or 212-983-9330 (ext. 1310).

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New York, New York–(Newsfile Corp. – December 28, 2024) – Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against ASML Holding (AS:) NV (“ASML” or ” Company”) (NASDAQ: ASML) and reminds investors of The deadline is January 13, 2025 to seek the role of lead plaintiff in a federal securities class action brought against the Company.

Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The company has recovered hundreds of millions of dollars for investors since its inception in 1995. See www.faruqilaw.com.

As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose the following: (1) problems faced by suppliers, such as ASML- and, in the semiconductor industry, were much stricter than the defendants indicated to investors; (2) the pace of sales recovery in the semiconductor industry was much slower than defendants publicly acknowledged; (3) Defendants created a false impression that they possessed reliable information related to customer demand and expected growth, while also downplaying the risk of macroeconomic and industry fluctuations, as well as stricter regulations restricting the export of semiconductor technology, including products sold by ASML; and (4) as a result, the defendant’s statements about the Company’s business, operations and prospects lacked a reasonable basis.

On October 15, 2024, ASML reported Q3 2024 earnings, revealing quarterly bookings of €2.63 billion, down 53% quarter-over-quarter. The company also announced that it expects total net sales in 2025 to be between 30 and 35 billion euros, with a gross margin between 51% and 53%.

Following this news, ASML’s share price fell $141.84, or 16.26%, to close at $730.43 per share on October 15, 2024, hurting investors.

A court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class, who is adequate and typical of the class members and who directs and oversees the litigation on behalf of the putative class. Any putative class member may propose to the Court to serve as lead plaintiff through counsel of his or her choosing, or may choose to do nothing and remain an absent class member. Your ability to participate in any recovery is not affected by the decision whether or not you will be the lead plaintiff.

Faruqi & Faruqi, LLP also encourages anyone with information about ASML’s conduct to contact the firm, including whistleblowers, former employees, shareholders and others.

Advertising of lawyers. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Past results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your specific case. All communications will be treated confidentially.

To view the original version of this press release, visit https://www.newsfilecorp.com/release/234713

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