Schall Brown & Schwartz LLP is reminding investors about a securities class action against Photronics, Inc. over alleged violations of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5, which was promulgated by the U.S. Securities and Exchange Commission (SEC). The proposed class covers investors who purchased Photronics securities from December 10, 2025, through May 27, 2026. The firm said investors who suffered losses may be eligible for compensation without paying out-of-pocket fees or costs and should contact the firm by September 4, 2026. The complaint alleges that Photronics made false or misleading statements about its ability to project revenue and growth while its high-end chip design release pipeline faced severe bottlenecks. The class has not yet been certified, and investors are not represented by an attorney unless certification occurs and they take further action. Appointment as lead plaintiff is not required to participate in any recovery.