Kaplan Fox & Kilsheimer LLP reminds investors in Photronics, Inc. who suffered significant losses that the deadline to seek lead plaintiff status in a pending class action is September 4, 2026. The lawsuit, filed on behalf of purchasers of Photronics securities between December 10, 2025 and May 27, 2026, alleges that the company's May 28, 2026 announcement of second-quarter fiscal 2026 results revealed revenue and earnings well below internal projections, including an 11% sequential collapse in IC revenue, and that management attributed the miss to new product launch delays, elevated fab utilization rates, and geopolitical uncertainty. Following the news, Photronics stock fell more than 36% on May 28, 2026. Investors who wish to serve as lead plaintiff must move the court by the September 4 deadline, though participation in any recovery does not require serving in that role.
Photronics IncThe article reports a class action lawsuit alleging that Photronics' May 28, 2026 announcement revealed revenue and earnings well below internal projections, causing a 36% stock drop.