Faruqi & Faruqi, LLP Investigates Claims on Behalf of ASML Holding Investors

Faruqi & Faruqi, LLP, a respected national securities law firm, is currently looking into possible claims for investors of ASML Holding N.V. ("ASML" or the "Company"). The firm is reaching out to those who experienced losses exceeding $100,000 between January 24, 2024, and October 15, 2024.

Faruqi & Faruqi's Securities Litigation Partner, James (Josh) Wilson, is encouraging affected investors to contact him directly for a discussion on their legal options. You can reach him at 877-247-4292 or 212-983-9330 (Ext. 1310).

It is important to note that the deadline to apply for the role of lead plaintiff in a federal securities class action against ASML is set for January 13, 2025. This lead plaintiff is typically the investor who has the largest financial interest in the case and is representative of the class.

The legal claims assert that ASML and its executives may have violated federal securities laws by providing false or misleading statements, as well as failing to disclose significant information to investors. Key points in the allegations include: (1) the challenges faced by suppliers in the semiconductor industry were more severe than indicated; (2) the recovery rate for sales in this industry was slower than acknowledged; (3) the company misrepresented its understanding of customer demand and growth; and (4) overall, the statements made by the company lacked a solid foundation.

On October 15, 2024, ASML unveiled its third-quarter earnings, which included a dramatic drop in quarterly bookings to €2.63 billion—a decrease of 53% compared to the previous quarter. Furthermore, ASML projected its total net sales for the full year 2025 to be between €30 billion and €35 billion and estimated a gross margin between 51% and 53%.

This news prompted a steep decline in ASML's stock price, which fell by $141.84, or 16.26%, closing at $730.43 per share on the day of the announcement. These developments have impacted many of the investors negatively.

Anyone interested in learning more about the potential class action regarding ASML is invited to visit the firm’s website or to reach out to Josh Wilson directly. The firm is also looking for any information related to ASML’s conduct, especially from whistleblowers, former employees, and other shareholders.

For additional information, please visit www.faruqilaw.com/ASML or call Josh Wilson at the aforementioned numbers. Furthermore, updates can be followed on platforms like LinkedIn and X.

Note: This release serves as attorney advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP. Past results do not guarantee similar outcomes in future cases. All communications will be confidential.

ASML, lawsuit, investors