Applied Materials, Inc. May Have Violated Securities Laws And The Schall Law Firm Wants Affected Investors To Participate In An Inquiry

LOS ANGELES, CA / ACCESSWIRE / September 21, 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.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm’s website at www.schallfirm.com, or by email at bschall@schallfirm.com

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

View the original press release on accesswire.com

COMTEX_458011644/2457/2024-09-21T11:02:26