Data News > ASML Holding NV Faces Class Action Lawsuit for Securities Law Violations

ASML Holding NV Faces Class Action Lawsuit for Securities Law Violations

By KlickAnalytics Data Insights  |   November 29, 2024 08:01PM ET

Key Points

- ASML Holding NV is facing a class action lawsuit for alleged violations of securities laws.
- Investors who suffered losses on their ASML investments during a specific period have the opportunity to lead the lawsuit.
- Several law firms, including Bronstein, Gewirtz & Grossman, LLC and The Schall Law Firm, have filed lawsuits against ASML.
- The decline in ASML's stock is attributed to various factors, including geopolitical tensions and weaker sales guidance.
- Investors have until January 13, 2025, to join the class action lawsuit against ASML Holding NV.

Bronstein, Gewirtz & Grossman LLC, a well-known law firm, has announced a class action lawsuit against ASML Holding NV ("ASML" or "the Company") (NASDAQ: ASML) and certain officers. Investors who suffered losses on their ASML investments have the opportunity to lead the lawsuit, as stated in a press release on November 29, 2024.

Rosen Law Firm, Levi & Korsinsky, and The Schall Law Firm have also taken legal action against ASML Holding NV for alleged violations of securities laws. These lawsuits are on behalf of individuals who purchased ASML securities between January 24, 2024, and October 15, 2024, inclusive, known as the "Class Period."

The recent decline in ASML's stock price has caught the attention of investors, with technical indicators showing oversold conditions and signs of stabilization. The drop in the stock price is linked to rapid appreciation, weaker-than-expected sales guidance, geopolitical tensions, and potential tariffs from China.

Investors looking to join the class action lawsuit against ASML Holding NV have until January 13, 2025, to take action. Several law firms are actively seeking shareholders who have suffered losses on their ASML investments during the specified Class Period to participate in the lawsuit and potentially recover damages.

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