Shareholders who lost money in shares of Photronics. Inc. (NASDAQ: PLAB) Should Contact Wolf Haldenstein Immediately

Wolf Haldenstein has filed a securities fraud class action lawsuit against Photronics Inc. on behalf of investors who purchased shares between December 10, 2025 and May 27, 2026. The lawsuit alleges the company made materially false statements about its business prospects while failing to disclose severe bottlenecks in its chip design pipeline due to elevated foundry utilization and equipment costs. Photronics' stock fell 36.4% on May 28, 2026 after missing revenue estimates and providing weak forward guidance.