ASML Holding NV

Registration Deadline:

01/13/2025

Submit Your Information

A securities class action has been filed in the USDC — S.D.N.Y. against ASML Holding NV (ASML) (“ASML” or the “Company”), on behalf of all persons or entities that purchased or otherwise acquired ordinary shares on the Nasdaq Stock Market between January 24, 2024 and October 15, 2024, both dates inclusive (the “Class Period”).

 

ASML is a Dutch corporation with its principal executive offices in Veldhoven, The Netherlands. ASML is a leading supplier to the semiconductor industry, providing chipmakers with hardware, software, and services to mass produce integrated circuits (i.e., microchips). In particular, ASML sells photolithography machines to chipmakers that are used in the semiconductor fabrication process.

 

The complaint alleges Defendants misrepresented and/or failed to disclose that:

 

(1) the issues being faced by suppliers, like ASML, in the semiconductor industry were much more severe than Defendants had indicated to investors;

(2) the pace of recovery of sales in the semiconductor industry was much slower than Defendants had publicly acknowledged;

(3) Defendants had created the false impression that they possessed reliable information pertaining to customer demand and anticipated growth, while also downplaying risk from macroeconomic and industry fluctuations, as well as stronger regulations restricting the export of semiconductor technology, including the products that ASML sells; and

(4) as a result, Defendants’ statements about the Company’s business, operations, and prospects lacked a reasonable basis, thereby harming investors.

 

If you purchased ASML ordinary shares on the Nasdaq Stock Market during the class period and would like to receive more information or join the action, please enter your contact information below for a FREE consultation and click “Submit Your Information.”

 

About Lowey Dannenberg

Lowey Dannenberg is a national firm representing institutional and individual investors, who suffered financial losses resulting from corporate fraud and malfeasance in violation of federal securities and antitrust laws. The firm has significant experience in prosecuting multi-million-dollar lawsuits and has previously recovered billions of dollars on behalf of investors.

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