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Photronics (PLAB) Securities Fraud Class Action Alert: PLAB Investors Face Sept. 4 Deadline - Hagens Berman

SAN FRANCISCO--(BUSINESS WIRE)--Hagens Berman alerts investors in Photronics, Inc. (NASDAQ: PLAB) to the September 4, 2026 lead plaintiff deadline in a class action claiming the company misled investors about demand and the outlook for its high-end integrated circuit (IC) photomask line.

“We’re investigating when Photronics management knew IC demand was deteriorating,” said Reed Kathrein, a Hagens Berman partner.

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INVESTOR NOTICE: DEADLINE APPROACHING

Lead Plaintiff Deadline: Sept. 4, 2026
Class Period: Dec. 10, 2025 – May 27, 2026
Visit: www.hbsslaw.com/plab
Watch our video on the Photronics investigation: https://youtu.be/ywOzl9Fs6nQ

Focus of PLAB Securities Class Action:

The lawsuit alleges that Photronics and management misrepresented high-end IC demand, the product pipeline, and global order patterns.

The alleged truth was revealed May 28, 2026, when Photronics reported Q2 fiscal 2026 results showing sequential total-revenue declines, an 11% IC revenue drop, and compressed margins.

The news triggered a 36% Photronics stock drop in one session, wiping out over $1.1 billion in market capitalization.

“We’re investigating when Photronics management knew IC demand was deteriorating,” said Reed Kathrein, a Hagens Berman partner.

Investor Rights

Investors who purchased or acquired Photronics securities during the Class Period are encouraged to contact our legal team:

Whistleblowers: Persons with non-public information regarding Photronics should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email PLAB@hbsslaw.com.

About Hagens Berman

Hagens Berman is a global plaintiffs’ rights complex litigation firm focusing on corporate accountability. The firm is home to a robust practice and represents investors as well as whistleblowers, workers, consumers and others in cases achieving real results for those harmed by corporate negligence and other wrongdoings. Hagens Berman’s team has secured more than $2.9 billion in this area of law. More about the firm and its successes can be found at hbsslaw.com. Follow the firm for updates and news at @ClassActionLaw.

Attorney Advertising. Prior results do not guarantee a similar outcome in any future case.

Contacts

Hagens Berman, Reed Kathrein, 715 Hearst Avenue, Suite 300, Berkeley, CA 94710, 844-916-0895, PLAB@hbsslaw.com

Hagens Berman

NASDAQ:PLAB

Release Summary
A class action complaint has been filed on behalf of investors in Photronics, Inc. (NASDAQ: PLAB) against the Company and its senior executives.
Release Versions
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Contacts

Hagens Berman, Reed Kathrein, 715 Hearst Avenue, Suite 300, Berkeley, CA 94710, 844-916-0895, PLAB@hbsslaw.com

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