Investors in Photronics Inc. urged to seek legal counsel by September 4, 2026

Faruqi & Faruqi, LLP, a leading national securities law firm, has urged investors in Photronics, Inc. (NASDAQ: PLAB) to seek legal counsel before September 4, 2026, as the deadline for the lead plaintiff in a securities class action lawsuit approaches.

The lawsuit, which was filed on behalf of a class of investors who purchased or otherwise acquired Photronics securities between December 10, 2025, and May 27, 2026, alleges that the company and its executives violated federal securities laws by making false and misleading statements about the state of the company’s high-end product pipeline, customer schedules, and the stability of demand for its products. According to the complaint, the seasonal recovery and design release momentum following the Chinese New Year holiday that the company had claimed to be developing had stalled. The firm states that Photronics was experiencing a critical bottleneck in its design release pipeline that rendered its forward growth expectations unachievable.

Faruqi & Faruqi, LLP, encourages anyone with information regarding Photronics's conduct to contact the firm. This includes whistleblowers, former employees, shareholders, and others who may have relevant information.

The lawsuit alleges that following the alleged corrective disclosures, Photronics shares fell by approximately 36.42% on May 27, 2026. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or choose to do nothing and remain an absent class member. The decision to serve as a lead plaintiff does not affect an investor's ability to share in any recovery.

For updates on the case, follow Faruqi & Faruqi, LLP on LinkedIn, X, or Facebook. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter.