Photronics, Inc. (PLAB) Shareholders Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit

The Law Offices of Howard G. Smith announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Photronics, Inc. ("Photronics" or the "Company") (NASDAQ: PLAB ). IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN PHOTRONICS, INC. (PLAB), CONTACT THE LAW OFFICES OF HOWARD G. SMITH BEFORE SEPTEMBER 4, 2026 (LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE ONGOING SECURITIES FRAUD LAWSUIT.

The complaint filed alleges that, between December 10, 2025 and May 27, 2026, Defendants failed to disclose to investors that: (1) the Company's high-end chip design release pipeline was experiencing severe, ongoing bottlenecks due to elevated foundry utilization rates and equipment cost pressures; and (2) as a result, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.

If you wish to learn more about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to the pending class action lawsuit, please contact: Howard G. Smith, Esq., Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020, Call us at: (215) 638-4847 Email us at: [email protected] , Visit our website at: www.howardsmithlaw.com . To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.