Photronics, Inc. Allegedly Overstated the Strength and Sustainability of Customer Demand; Contact Robbins LLP for Information About the Class Action Lawsuit Against PLAB

A securities class action has been filed against Photronics, Inc. (NASDAQ: PLAB) for allegedly overstating customer demand strength, revenue growth prospects, and failing to disclose production bottlenecks in its semiconductor photomask business. The company's stock plummeted 36.4% on May 28, 2026, following the disclosure of weaker-than-expected Q2 results, an 11% sequential decline in IC revenue, and reduced guidance. Investors who purchased PLAB securities between December 10, 2025 and May 27, 2026 may be eligible to participate in the lawsuit.