Hagens Berman Notifies Shareholders of Photronics, Inc. (PLAB) of Pending Securities Class Action Lawsuit and the Opportunity to Seek a Lead Plaintiff Position

Hagens Berman is investigating Photronics, Inc. for allegedly misleading investors about demand and outlook for its high-end IC photomask products. The company reportedly made false statements about robust global demand and healthy order patterns while concealing design pipeline bottlenecks. Photronics' stock plunged 36% on May 28, 2026, after revealing disappointing Q2 results with 11% IC revenue decline. The class action covers the period from December 10, 2025 to May 27, 2026, with a lead plaintiff deadline of September 4, 2026.