asml investors urged to act before crucial legal deadline
New York, Sunday, 22 December 2024.
Rosen Law Firm is urging investors of ASML Holding N.V. to quickly seek legal counsel as a key deadline approaches. Investors who suffered losses exceeding $100,000 are encouraged to secure representation before the January 13, 2025 deadline for the class action lawsuit. The lawsuit covers a period from January 24 to October 15, 2024, and claims ASML misled investors about the semiconductor industry’s conditions, resulting in financial damages. Rosen Law emphasizes the importance of choosing experienced legal counsel, highlighting their track record in recovering significant settlements for investors. The case alleges that ASML downplayed risks and misrepresented the recovery pace of sales and supplier issues. Investors can join the class action without upfront fees through contingency arrangements. The Rosen Law Firm, known for its success in securities class actions, offers assistance via their website or directly through Phillip Kim, Esq.
Legal allegations and class period details
The class action lawsuit centers on allegations that ASML made misleading statements about semiconductor industry conditions between January 24 and October 15, 2024 [1][2]. The legal complaint asserts that ASML downplayed significant risks from macroeconomic fluctuations and export regulations affecting semiconductor technology [2]. The lawsuit claims investors suffered damages when the true nature of ASML’s business operations and supplier challenges came to light [1].
Compensation and representation process
Investors who experienced losses exceeding $100,000 can pursue compensation without upfront costs through a contingency fee arrangement [1][2]. To serve as lead plaintiff, investors must file with the Court by January 13, 2025 [2]. The Rosen Law Firm, which secured over $438 million for investors in 2019 [2], is managing the case. Interested parties can join through their website or contact Phillip Kim, Esq. directly at 866-767-3653 [1].
Legal expertise and firm credentials
The Rosen Law Firm brings significant experience to this case, having achieved the largest securities class action settlement against a Chinese company at the time [1]. Their founding partner, Laurence Rosen, received recognition as a Titan of Plaintiffs’ Bar by Law360 [2][4]. The firm emphasizes that while a class action lawsuit has been filed, no class has been certified as of December 20, 2024 [1][2].