Kaplan Fox Alerts Investors of Photronics, Inc. (PLAB) to a Pending Securities Class Action - Deadline is 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").

If you are an investor in Photronics and have suffered losses, you may CLICK HERE to contact us. You may also contact Kaplan Fox by emailing [email protected] or by calling (646) 315-9003.

DEADLINE REMINDER: If you are a member of the proposed Class, you may move the court no later than September 4, 2026 to serve as a lead plaintiff for the purported class. If you have losses we encourage you to contact us to learn more about the lead plaintiff process. You need not seek to become a lead plaintiff in order to share in any possible recovery.

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.