LOS ANGELES, CA / ACCESSWIRE / September 16, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Applied Materials, Inc. ("Applied Materials" or "the Company") (NASDAQ:AMAT) for violations of the securities laws.
The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Applied Materials is the subject of a Reuters report published on November 16, 2023, stating that the DOJ was investigating it over potential evasions of export restrictions on Chinese chipmaker SMIC. Then Reuters reported on February 27, 2024, that the SEC and the U.S. Attorney's Office for the District of Massachusetts had sent a subpoena to the Company related to China shipments.
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The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
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CONTACT:
The Schall Law Firm
Brian Schall, Esq.
310-301-3335
[email protected]
www.schallfirm.com
SOURCE: The Schall Law Firm