Kaplan Fox Urges Investors of Photronics, Inc. (PLAB) with Significant Losses to Seek a Leadership Role Before September 4, 2026

Kaplan Fox & Kilsheimer LLP announces that a class action lawsuit has been filed against Photronics, Inc. ("Photronics" or the "Company") (NASDAQ: PLAB) on behalf of investors that purchased or otherwise acquired Photronics securities between December 10, 2025 and May 27, 2026 (the "Class Period"). According to the complaint, on May 28, 2026, Photronics announced its financial results for the second quarter of fiscal 2026, revealing revenue and earnings well-below internal projections and highlighting a critical collapse of IC revenue by 11% sequentially. Further, the complaint alleges management claimed the projected seasonal recovery following the Chinese New Year holiday had failed to materialize due to extensive new product launch delays, elevated fab utilization rates, and geopolitical uncertainty. In response to this news, the complaint alleges the price of Photronics stock fell more than 36% on May 28, 2026.