NEW YORK, Aug.  07, 2026  (GLOBE NEWSWIRE) -- Kaplan Fox &amp; Kilsheimer LLP announces that a class action lawsuit has been filed against Photronics, Inc. (&#34;Photronics&#34; or the &#34;Company&#34;) (NASDAQ:PLAB)

PLAB

Kaplan Fox Encourages Photronics, Inc. (NASDAQ: PLAB) Investors Seeking Recovery to Contact the Firm Before September 4, 2026

Photronics Class Action Filed Over Q2 Miss, Implications for PLAB

<section class="insight" data-version="1">
 <section data-block="information">
 <h3>Information</h3>
 NEW YORK, Aug. 07, 2026 (GLOBE NEWSWIRE) -- Kaplan Fox &amp;amp; Kilsheimer LLP announces that a class action lawsuit has been filed against Photronics, Inc. (&amp;#34;Photronics&amp;#34; or the &amp;#34;Company&amp;#34;) (NASDAQ:PLAB)
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 <section data-block="ai-summary-paragraph">
 <h3>AI Summary</h3>
 Kaplan Fox filed a class-action against Photronics (PLAB) alleging misrepresentations tied to Q2 2026 results. IC revenue declined 11% sequentially, contributing to a stock drop of over 36% on May 28, 2026. A lead-plaintiff deadline is September 4, 2026; the outcome could influence PLAB&#039;s valuation and near-term volatility.
 </section>

 <section data-block="ai-summary-bullets">
 <h3>Key Points</h3>
 <ul><li>Class action filed against Photronics (PLAB). Kaplan Fox alleges misrepresentations.</li><li>Q2 2026 results missed targets; IC revenue fell 11% sequentially.</li><li>Stock dropped over 36% on May 28, 2026.</li><li>Lead plaintiff deadline set for Sept 4, 2026.</li></ul>
 </section>

 <section data-block="companies-mentioned">
 <h3>Companies Mentioned</h3>
 <ul><li>Photronics, Inc. (PLAB): Subject of the class action; litigation risk could pressure near-term price and sentiment.</li><li>Kaplan Fox &amp; Kilsheimer LLP (N/A): Plaintiffs&#039; counsel behind the suit; signals formal progression and potential market attention.</li></ul>
 </section>

 <section data-block="category">
 <h3>Legal</h3>
 Category: Legal. The piece describes a securities class action against Photronics, a PLAB component, highlighting potential legal costs and valuation effects. It’s a legal risk event with possible short-term stock volatility.
 </section>

 <section data-block="market-moving">
 <h3>Market-Moving</h3>
 <ul><li>Photronics Q2 miss; IC revenue down 11%, stock fell 36%.</li><li>Legal filing could add near-term PLAB volatility.</li><li>Lead plaintiff deadline Sept 4, 2026 could influence case trajectory.</li><li>Investors should monitor any settlement talks or disclosures.</li></ul>
 </section>

 <section data-block="key-facts">
 <h3>Key Facts</h3>
 <ul><li>Class Period: Dec 10, 2025 – May 27, 2026.</li><li>Q2 2026 revenue and earnings well below internal projections.</li><li>IC revenue declined 11% sequentially.</li><li>May 28, 2026 stock drop &gt;36%.</li><li>Lead plaintiff deadline: Sept 4, 2026.</li></ul>
 </section>

 <section data-block="trading-thesis">
 <h3>Trading Thesis</h3>
 Bearish near-term for PLAB on ongoing litigation risk; reassess after case developments.
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<link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css"></link>NEW YORK, Aug. 07, 2026 (GLOBE NEWSWIRE) -- <a href="https://www.globenewswire.com/Tracker?data=34yVYrMG-2ug3TpFYPHW4XZiNHi-fcK7Pq9l8O6y8u343ryxcM1YmfP_QyRbiI5WU-Qk0lPpVZL8O2njhpqwE96ucQKhTnEyK2YNM5Ec71R_H5AOg1AcyAjSEtg3lWMaGyMxtKeTpvz4xZ8xftlvjOgYACW8kwZMRipixyhLJ8pw3Ar_G2vYYATXssAbJox_NCM-hjkIrwAWJKd13DHCIzCORBlKX1AOr1nEFUdOwHc=" rel="nofollow" target="_blank">Kaplan Fox &amp; Kilsheimer LLP</a> announces that a class action lawsuit has been filed against Photronics, Inc. ("Photronics" or the "Company") (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/PLAB">PLAB</a>) on behalf of investors that purchased or otherwise acquired Photronics securities between December 10, 2025 and May 27, 2026 (the "Class Period"). <a href="https://www.globenewswire.com/Tracker?data=kC69mo5u0pL3Q6WQaLsAtQ_9_dYnXaZKAVtA4zeABDSCL-D9A1VqYcliIeujHr0pF3wYwwrEvQKgftmgRLZ91JpBXU0YH1xtVJJHkdRCTbPWm2zk5be_7Ykk5VtrqMtWapACyfbfc-FMeATU0pFluieKOPYVB5cpLfO4nylJWaRRf8qeAxVkA6Rjv0WTsEHOl6GxZyB49gyFbK0XxOLV_pxB9h2xbkzyYLchrhbfONNsqMoesyqUr0ByVZcddocDNROfahOEz3n1XuZyIG3-3xkjHSy4L2UtUMl-gSSCtQw=" rel="nofollow" target="_blank">CLICK HERE TO JOIN THE CASE</a> If you are an investor in Photronics and have suffered losses, you may <a href="https://www.globenewswire.com/Tracker?data=kC69mo5u0pL3Q6WQaLsAta-T54z2L7GRqXEWoGdgY78qPXgkdSCgtIhB-Hh3p8Ms-wUOYgDEU1mGDEMqXsc8JajZ7Ba0E423i7v5l82BvRLX1OkXJXlpfrotLR76uKHyY-HIpf0WRBYmhmJRjOPamkcBct1VmEUXoHbiGBgotBfQOXhxSzBOTodD6y-Dk5KIDTUC-bNPaBXwRSHD2rOJb_29bqg9-bOGlfd9or_ui-TGycAnGXTdyjTWlEIvm7a2lK2cZ6pBNDPJMs_nCRLZ2Q==" rel="nofollow" target="_blank">CLICK HERE</a> to contact us. You may also contact Kaplan Fox by emailing <a href="https://www.globenewswire.com/Tracker?data=P262PhNScm5v8wPXv8D0EU-AQ4bNqFHuMqTtQPOr1rNF_weGFCdUGzNNFwWBS_zlDKQrGhdaFI5iMjtL5-J8ADx0HYTSPRFbXd4ed6equ5k=" rel="nofollow" target="_blank">pmayer@kaplanfox.com</a> 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. WHY CONTACT KAPLAN FOX? Kaplan Fox &amp; Kilsheimer LLP is a nationally recognized law firm focused on complex litigation, with offices in New York, Oakland, Los Angeles, Chicago, and New Jersey. Founded in 1956, the firm has spent more than 50 years prosecuting securities, antitrust, and consumer protection actions in federal and state courts nationwide, recovering more than $10 billion for clients and the classes it has represented. Kaplan Fox is widely regarded as one of the nation&#39;s premier plaintiffs&#39; securities litigation firms and has received recognition from Chambers and Partners, Benchmark Litigation, Super Lawyers, and Lawdragon. Serving as lead or co-lead counsel in many landmark cases, the firm has secured some of the largest recoveries in the history of securities litigation, including a $2.425 billion recovery on behalf of Bank of America shareholders in In re Bank of America—the largest recovery ever obtained for claims under Section 14(a) of the Securities Exchange Act—$800 million recovered for the Arkansas Teacher Retirement System and other pension funds in ATRS v. Allianz Global Investors, and a $475 million settlement in In re Merrill Lynch. For decades, Kaplan Fox has represented public pension funds, institutional investors, businesses, and individuals in high-stakes litigation. Through its successful advocacy and precedent-setting victories, the firm has helped shape important areas of securities and corporate law while advancing accountability and protecting investor interests. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. Past results do not guarantee future outcomes. If you have any questions about this Notice, your rights, or your interests, please contact: CONTACT: Pamela A. Mayer <a href="https://www.globenewswire.com/Tracker?data=D5V-DP849tZG69FFIr9w4vBdEIHsHFA4m1DPbJ8ixePDYObWY4uGj7SmFZ2nMAb8UWKmPTkGSuTOqFJEdJyup4PGgdJm08_0J6vrvRYRoR4JLOjt9lhnWQOMjAlN-J9y" rel="nofollow" target="_blank">KAPLAN FOX &amp; KILSHEIMER LLP</a> 800 Third Avenue, 38th Floor New York, New York 10022 (646) 315-9003 <a href="https://www.globenewswire.com/Tracker?data=P262PhNScm5v8wPXv8D0EU-AQ4bNqFHuMqTtQPOr1rPMvU9SP8e2FhZPYo5UGGXV1EtTJzIV-8S5xfL6iD8ycDg77ZB3y9nfB679EtrazgE=" rel="nofollow" target="_blank">pmayer@kaplanfox.com</a> Laurence D. King <a href="https://www.globenewswire.com/Tracker?data=D5V-DP849tZG69FFIr9w4vBdEIHsHFA4m1DPbJ8ixePfk2VxcZxCaA0U1F-UrYbriLrd98BqLKnJEGuH08NvDQPMqDeT2lY0PkHalpKGlANUTqHhysWP2kcA1LnV3lof" rel="nofollow" target="_blank">KAPLAN FOX &amp; KILSHEIMER LLP</a> 1999 Harrison Street, Suite 1501 Oakland, California 94612 (415) 772-4704 <a href="https://www.globenewswire.com/Tracker?data=hfX2YlfZaWZAbMURnJhtnUGa-5sefF37JzJoABS6x9RzGOdRMUV6kes5_TXk5iOW1vFpeQLko27tfP2h7m9dyI2tjclyVg_WzwhG3swMWOs=" rel="nofollow" target="_blank">lking@kaplanfox.com</a> Contacting or submitting information to Kaplan Fox &amp; Kilsheimer LLP does not create an attorney-client relationship, nor an obligation on the part of Kaplan Fox to retain you as a client. <a href="https://www.globenewswire.com/Tracker?data=2Gq5HqRwfv77L7V3x2TcK-jPPDExbo6glMc-5xHsW-1PpTSoFybnuD4lqhmcmDASOXnGTNWh6DXIvTxGpCyjp649qD8pg45cgab0T0jFfahEAZeNmwd6-70VRbSYRHfFh_zWT7CZVk3zByZ28Xs0-OB4dkjC6VEpz5qjVfuMyJR_4mQ7LicLoV7ZS19gnqZKm7HatwVxlwWZ9PyHsCJGVi_e74gNnxhRGjeB5r0ZaJWH7DHS76BIzmDc7IvnKpbZ" rel="nofollow" target="_blank">https://www.kaplanfox.com/case/photronics-inc-class-action-alert-learn-more-now/</a> <img alt="" class="__GNW8366DE3E__IMG" src="https://www.globenewswire.com/newsroom/ti?nf=OTgwNTg0MSM3NzY0NzQ4IzIwMjA4OTE="></img> <img alt="" src="https://ml.globenewswire.com/media/MDYxNjY3YjEtYTY4My00NTYwLWEyZmUtZTM5NTY1ODE0Zjc4LTEwMzE5OTktMjAyNi0wOC0wNy1lbg==/tiny/Kaplan-Fox-Kilsheimer-LLP.png" referrerpolicy="no-referrer-when-downgrade"></img><a href="https://www.globenewswire.com/NewsRoom/AttachmentNg/711aa439-0e7d-4b53-8daa-452f70fe946a"><img src="https://ml.globenewswire.com/media/711aa439-0e7d-4b53-8daa-452f70fe946a/small/pr-resizing-kaplan-fox-tagline-logo-color-jpg.jpg" border="0" width="150" height="29" alt="Primary Logo"></img></a>

Kaplan Fox filed a class-action against Photronics (PLAB) alleging misrepresentations tied to Q2 2026 results. IC revenue declined 11% sequentially, contributing to a stock drop of over 36% on May 28, 2026. A lead-plaintiff deadline is September 4, 2026; the outcome could influence PLAB's valuation and near-term volatility.

News insight

Kaplan Fox Encourages Photronics, Inc. (NASDAQ: PLAB) Investors Seeking Recovery to Contact the Firm Before September 4, 2026

AI summary

Sentiment rationale

Key facts

Legal