PRNewswire notice reiterates that a class action lawsuit has been filed against Photronics (NASDAQ: PLAB) alleging violations of §§10(b) and 20(a) and Rule 10b-5. No case merits, alleged financial impact, or specific damages/settlement terms are provided. Impact on markets is likely limited absent new, material allegations or outcomes.
PRNewswire notice reiterates that a class action lawsuit has been filed against Photronics (NASDAQ: PLAB) alleging violations of §§10(b) and 20(a) and Rule 10b-5. No case merits, alleged financial impact, or specific damages/settlement terms are provided. Impact on markets is likely limited absent new, material allegations or outcomes.
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mildly negative
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