ASML headquarters in Silicon Valley. ASML, a Dutch company, is the largest supplier in the world of photolithography systems for the semiconductor industry. Credit: MichaelVi/Adobe StockSemiconductor Component Maker Accused of Deceiving Investors About Market Downturn, Export Curbs
A lawsuit filed in Manhattan federal court is just the latest securities fraud case against ASML, the world's sole producer of a photolithography machine needed to produce advanced semiconductors.
December 27, 2024 at 04:25 PM
3 minute read
Dutch semiconductor giant ASML Holding N.V. faces more claims in Manhattan federal court of allegedly misleading investors on its financial outlook amid reduced global demand and new policies curbing the export of sensitive technologies to China.
Investor Anas Matar brought the securities fraud case against ASML, the world’s largest semiconductor supplier and sole producer of a photolithography machine needed for advanced semiconductor manufacturing, under the guidance of attorneys from Bleichmar Fonti & Auld.
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