Mon Dec 30 13:20:00 UTC 2024: **ASML Holding N.V. Hit with Class-Action Lawsuit Over Alleged Misleading Statements**
NEW YORK, Dec. 30, 2024 – Bleichmar Fonti & Auld LLP (BFA) announced today that it has filed a class-action lawsuit against ASML Holding N.V. (NASDAQ: ASML), a leading semiconductor equipment supplier, and several of its executives. The lawsuit, filed in the U.S. District Court for the Southern District of New York (Case No. 24-cv-9908, *Matar v. ASML Holding N.V., et al.*), alleges violations of federal securities laws.
The complaint claims ASML misled investors about the impact of new Dutch export controls on its financial outlook. The company had reportedly assured investors that the controls would not materially affect its sales. However, following ASML’s October 15, 2024 earnings announcement, which revealed significantly lower-than-expected results, the company’s stock price plummeted 16%. Further declines followed the October 16th investor call, where ASML attributed the poor performance to a slower-than-anticipated market recovery and decreased sales to China.
BFA alleges that ASML’s statements regarding the export controls and the market recovery were materially misleading. The firm is representing investors who purchased ASML ordinary shares, call options, or put options during the class period and suffered losses. Investors who believe they are eligible to participate in the class action have until January 13, 2025, to petition the court for lead plaintiff status. More information can be found at [https://www.bfalaw.com/cases-investigations/asml-holding-nv](https://www.bfalaw.com/cases-investigations/asml-holding-nv). The firm is pursuing the case on a contingency fee basis, meaning there are no upfront costs to participating investors.
First Piper 