{"id":14143,"date":"2026-06-01T22:59:00","date_gmt":"2026-06-01T20:59:00","guid":{"rendered":"http:\/\/stocks-future.com\/?guid=c8bee8012850efe1422a4d7e78e4dff6"},"modified":"2026-06-01T22:59:00","modified_gmt":"2026-06-01T20:59:00","slug":"plab-investor-alert-levi-korsinsky-investigates-photronics-plab-for-potential-securities-fraud","status":"publish","type":"post","link":"https:\/\/stocks-future.com\/?p=14143","title":{"rendered":"PLAB Investor Alert: Levi &amp; Korsinsky Investigates Photronics (PLAB) for Potential Securities Fraud"},"content":{"rendered":"<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 -- and cost pressures that drove the miss were absent from the Company's forward outlook.<\/i><\/p><br\/><a href=\"https:\/\/mms.businesswire.com\/media\/20260601498080\/en\/2742089\/4\/Gradient_%28Square_Mark%29.jpg\"><img src=\"https:\/\/mms.businesswire.com\/media\/20260601498080\/en\/2742089\/22\/Gradient_%28Square_Mark%29.jpg\" \/><\/a><br\/><a href=\"https:\/\/mms.businesswire.com\/media\/20260601498080\/en\/2742089\/4\/Gradient_%28Square_Mark%29.jpg\"><img src=\"https:\/\/mms.businesswire.com\/media\/20260601498080\/en\/2742089\/21\/Gradient_%28Square_Mark%29.jpg\" \/><\/a><p class=\"bwalignl\">NEW YORK--(BUSINESS WIRE)--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  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\" rel=\"nofollow\" shape=\"rect\">submit their information to discuss their legal rights<\/a>. You may also contact Joseph E. Levi, Esq. via email at <a  href=\"mailto:jlevi@levikorsinsky.com\" rel=\"nofollow\" shape=\"rect\">jlevi@levikorsinsky.com<\/a> or by telephone at (212) 363-7500.<\/p><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 \"optimistic\" that \"high-end strength will continue\" to offset seasonal effects from Chinese New Year.<\/p><p class=\"bwalignl\">When Q2 results arrived on May 28, 2026, non-GAAP diluted EPS was $0.42 -- well below the low end of the projected range. Revenue of $209.9 million landed beneath the Company's prior quarterly expectations for $212 to $220 million. PLAB shares fell approximately 30% in a single session.<\/p><p class=\"bwalignl\">PLAB investors who lost money <a  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\" rel=\"nofollow\" shape=\"rect\">can click here to get additional information<\/a>. You may also contact Joseph E. Levi, Esq. via email at <a  href=\"mailto:jlevi@levikorsinsky.com\" rel=\"nofollow\" shape=\"rect\">jlevi@levikorsinsky.com<\/a> or by telephone at (212) 363-7500.<\/p><p class=\"bwalignl\">Levi &amp; Korsinsky, LLP -- Top 50 securities litigation firm (ISS, seven consecutive years). Over 70 professionals. Hundreds of millions recovered.<\/p><p class=\"bwalignl\">Frequently Asked Questions About the PLAB Investigation<\/p><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><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 -- not on whether you still hold the shares.<\/p><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  href=\"mailto:jlevi@levikorsinsky.com\" rel=\"nofollow\" shape=\"rect\">jlevi@levikorsinsky.com<\/a> or (212) 363-7500. No immediate action is required to remain eligible to participate in the investigation.<\/p><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><p class=\"bwalignl\"><b>Q: What if I already sold my PLAB shares -- 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><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><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's country of residence.<\/p><br\/> <b>Contacts<\/b> <br\/><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  href=\"mailto:jlevi@levikorsinsky.com\" rel=\"nofollow\" shape=\"rect\">jlevi@levikorsinsky.com<\/a><br\/>Tel: (212) 363-7500<br\/>Fax: (212) 363-7171<\/p>","protected":false},"excerpt":{"rendered":"<p>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&rsquo;s forward outlook.NEW YORK&#8211;(BUSINESS WIRE)&#8211;Shareho&#8230;<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-14143","post","type-post","status-publish","format-standard","hentry","category-infos-businesswire"],"_links":{"self":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/14143","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=14143"}],"version-history":[{"count":1,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/14143\/revisions"}],"predecessor-version":[{"id":14144,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/14143\/revisions\/14144"}],"wp:attachment":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=14143"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=14143"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=14143"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}