{"id":969139,"date":"2026-06-01T14:02:03","date_gmt":"2026-06-01T18:02:03","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/plab-investor-alert-levi-korsinsky-investigates-photronics-plab-for-potential-securities-fraud\/"},"modified":"2026-06-01T14:02:03","modified_gmt":"2026-06-01T18:02:03","slug":"plab-investor-alert-levi-korsinsky-investigates-photronics-plab-for-potential-securities-fraud","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/plab-investor-alert-levi-korsinsky-investigates-photronics-plab-for-potential-securities-fraud\/","title":{"rendered":"PLAB Investor Alert: Levi &amp; Korsinsky Investigates Photronics (PLAB) for Potential Securities Fraud"},"content":{"rendered":"<p>        <!--.bwalignl { text-align: left }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p>PLAB Investor Alert: Levi &amp; Korsinsky Investigates Photronics (PLAB) for Potential Securities Fraud<\/p>\n<p><i>Photronics guided Q2 non-GAAP EPS of $0.49 to $0.55 on February 27, 2026; actual non-GAAP EPS came in at $0.42 per diluted share &#8212; and cost pressures that drove the miss were absent from the Company&#8217;s forward outlook.<\/i><\/p>\n<p class=\"bwalignl\">NEW YORK&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;Shareholders who held Photronics (NASDAQ: PLAB) stock lost more than 30% of their investment today after the Company reported fiscal Q2 results that fell below its own guidance. Those who purchased PLAB shares and suffered a loss are encouraged to <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fzlk.com%2Fcases%2Fphotronics-inc-lawsuit-submission-form%3Fprid%3D187170%26wire%3D2&amp;esheet=54545573&amp;newsitemid=20260601498080&amp;lan=en-US&amp;anchor=submit%20their%20information%20to%20discuss%20their%20legal%20rights&amp;index=9&amp;md5=ec50a692d124a97fae5879cdbf9dcf26\">submit their information to discuss their legal rights<\/a>. You may also contact Joseph E. Levi, Esq. via email at <a rel=\"nofollow\" href=\"mailto:jlevi@levikorsinsky.com\">jlevi@levikorsinsky.com<\/a> or by telephone at (212) 363-7500.<\/p>\n<p class=\"bwalignl\">On February 27, 2026, President &amp; CFO Eric Rivera guided investors to expect fiscal Q2 non-GAAP diluted EPS of $0.49 to $0.55 and operating margins of 22% to 24%. Rivera acknowledged that the Company operates with only 1-to-3 weeks of backlog visibility. The guidance did not quantify known cost headwinds, including accelerated depreciation tied to end-of-life tool purchases and rising capital expenditures. CEO George Macricostas told investors the Company was &#8220;optimistic&#8221; that &#8220;high-end strength will continue&#8221; to offset seasonal effects from Chinese New Year.<\/p>\n<p class=\"bwalignl\">When Q2 results arrived on May 28, 2026, non-GAAP diluted EPS was $0.42 &#8212; well below the low end of the projected range. Revenue of $209.9 million landed beneath the Company&#8217;s prior quarterly expectations for $212 to $220 million. PLAB shares fell approximately 30% in a single session.<\/p>\n<p class=\"bwalignl\">PLAB investors who lost money <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fzlk.com%2Fcases%2Fphotronics-inc-lawsuit-submission-form%3Fprid%3D187170%26wire%3D2&amp;esheet=54545573&amp;newsitemid=20260601498080&amp;lan=en-US&amp;anchor=can%20click%20here%20to%20get%20additional%20information&amp;index=10&amp;md5=b6db878d285085ff988a2d0783a1dec6\">can click here to get additional information<\/a>. You may also contact Joseph E. Levi, Esq. via email at <a rel=\"nofollow\" href=\"mailto:jlevi@levikorsinsky.com\">jlevi@levikorsinsky.com<\/a> or by telephone at (212) 363-7500.<\/p>\n<p class=\"bwalignl\">Levi &amp; Korsinsky, LLP &#8212; Top 50 securities litigation firm (ISS, seven consecutive years). Over 70 professionals. Hundreds of millions recovered.<\/p>\n<p class=\"bwalignl\">Frequently Asked Questions About the PLAB Investigation<\/p>\n<p class=\"bwalignl\"><b>Q: What is the PLAB securities fraud investigation about?<\/b> A: A securities fraud investigation has been initiated concerning Photronics (NASDAQ: PLAB) regarding potentially materially false and misleading statements. Shares fell approximately 30% after the Company reported Q2 results below its own guidance, causing significant losses for shareholders.<\/p>\n<p class=\"bwalignl\"><b>Q: Who is eligible to participate in the PLAB investigation?<\/b> A: Investors who purchased PLAB stock or securities and suffered financial losses may be eligible. Eligibility is based on purchase date and documented losses &#8212; not on whether you still hold the shares.<\/p>\n<p class=\"bwalignl\"><b>Q: What do PLAB investors need to do right now?<\/b> A: Gather brokerage records including purchase dates, share quantities, and prices paid. Contact Levi &amp; Korsinsky for a free, no-obligation evaluation at <a rel=\"nofollow\" href=\"mailto:jlevi@levikorsinsky.com\">jlevi@levikorsinsky.com<\/a> or (212) 363-7500. No immediate action is required to remain eligible to participate in the investigation.<\/p>\n<p class=\"bwalignl\"><b>Q: What happens after I contact Levi &amp; Korsinsky?<\/b> A: An attorney will review your trading history at no cost and provide an initial assessment of your potential recovery.<\/p>\n<p class=\"bwalignl\"><b>Q: What if I already sold my PLAB shares &#8212; can I still recover losses?<\/b> A: Yes. Eligibility is based on when you purchased, not whether you still hold the shares. Investors who bought PLAB and sold at a loss may still participate in the investigation.<\/p>\n<p class=\"bwalignl\"><b>Q: What does it cost me to participate?<\/b> A: Nothing. Securities investigations and any resulting actions are handled on a pure contingency basis. No upfront fees, no retainer, no out-of-pocket costs.<\/p>\n<p class=\"bwalignl\"><b>Q: What if I live outside the United States?<\/b> A: U.S. securities fraud investigations generally cover purchases on U.S. exchanges regardless of the investor&#8217;s country of residence.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20260601498080r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20260601498080\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20260601498080\/en\/<\/a><\/span><\/p>\n<p class=\"bwalignl\">Levi &amp; Korsinsky, LLP<br \/>Joseph E. Levi, Esq.<br \/>Ed Korsinsky, Esq.<br \/>33 Whitehall Street, 27th Floor<br \/>New York, NY 10004<br \/><a rel=\"nofollow\" href=\"mailto:jlevi@levikorsinsky.com\">jlevi@levikorsinsky.com<\/a><br \/>Tel: (212) 363-7500<br \/>Fax: (212) 363-7171<\/p>\n<p><b>KEYWORDS:<\/b> United States North America New York<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Class Action Lawsuit Professional Services Legal<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20260601498080\/en\/2742089\/3\/Gradient_%28Square_Mark%29.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>PLAB Investor Alert: Levi &amp; Korsinsky Investigates Photronics (PLAB) for Potential Securities Fraud Photronics guided Q2 non-GAAP EPS of $0.49 to $0.55 on February 27, 2026; actual non-GAAP EPS came in at $0.42 per diluted share &#8212; and cost pressures that drove the miss were absent from the Company&#8217;s forward outlook. NEW YORK&#8211;(BUSINESS WIRE)&#8211;Shareholders who held Photronics (NASDAQ: PLAB) stock lost more than 30% of their investment today after the Company reported fiscal Q2 results that fell below its own guidance. Those who purchased PLAB shares and suffered a loss are encouraged to submit their information to discuss their legal rights. You may also contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500. On &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/plab-investor-alert-levi-korsinsky-investigates-photronics-plab-for-potential-securities-fraud\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;PLAB Investor Alert: Levi &amp; Korsinsky Investigates Photronics (PLAB) for Potential Securities Fraud&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-969139","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>PLAB Investor Alert: Levi &amp; Korsinsky Investigates Photronics (PLAB) for Potential Securities Fraud - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/plab-investor-alert-levi-korsinsky-investigates-photronics-plab-for-potential-securities-fraud\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PLAB Investor Alert: Levi &amp; Korsinsky Investigates Photronics (PLAB) for Potential Securities Fraud - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PLAB Investor Alert: Levi &amp; Korsinsky Investigates Photronics (PLAB) for Potential Securities Fraud Photronics guided Q2 non-GAAP EPS of $0.49 to $0.55 on February 27, 2026; actual non-GAAP EPS came in at $0.42 per diluted share &#8212; and cost pressures that drove the miss were absent from the Company&#8217;s forward outlook. NEW YORK&#8211;(BUSINESS WIRE)&#8211;Shareholders who held Photronics (NASDAQ: PLAB) stock lost more than 30% of their investment today after the Company reported fiscal Q2 results that fell below its own guidance. Those who purchased PLAB shares and suffered a loss are encouraged to submit their information to discuss their legal rights. You may also contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500. 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NEW YORK&#8211;(BUSINESS WIRE)&#8211;Shareholders who held Photronics (NASDAQ: PLAB) stock lost more than 30% of their investment today after the Company reported fiscal Q2 results that fell below its own guidance. Those who purchased PLAB shares and suffered a loss are encouraged to submit their information to discuss their legal rights. You may also contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500. 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