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PLAB DEADLINE: Levi & Korsinsky Reminds Photronics, Inc. Investors of Upcoming Securities Class Action Deadline
GlobeNewswire Inc.·
A securities class action has been filed against Photronics, Inc. for allegedly making materially false and misleading statements between December 10, 2025 and May 27, 2026. The company's stock fell 36.42% after revealing IC revenue collapsed 11% sequentially and issuing guidance well below consensus. CEO George C. Macricostas, CFO Eric Rivera, and PDMC President KangJyh Lee are named as individual defendants for certifying misleading SEC filings under Sarbanes-Oxley while design release pipeline bottlenecks rendered growth forecasts unachievable. The lead plaintiff deadline is September 4, 2026.
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