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INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Photronics, Inc. of Class Action Lawsuit and Upcoming Deadlines – PLAB
GlobeNewswire Inc.·
Pomerantz LLP has filed a class action lawsuit against Photronics, Inc. for alleged securities fraud and unlawful business practices. The lawsuit was triggered after Photronics announced Q2 2026 results showing revenue and earnings below projections, with IC revenue declining 11% sequentially. The stock fell 36.4% on May 28, 2026, following the disappointing guidance and management's attribution of the slowdown to product launch delays, high fab utilization, and geopolitical uncertainty. The deadline to join as Lead Plaintiff is September 4, 2026.
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