{"id":41932,"date":"2023-12-30T23:51:06","date_gmt":"2023-12-30T23:51:06","guid":{"rendered":"https:\/\/news.pakistaninewspaperlist.com\/doj-probe-puts-applied-materials-amat-shares-in-penalty-box-hagens-berman\/"},"modified":"2023-12-30T23:51:06","modified_gmt":"2023-12-30T23:51:06","slug":"doj-probe-puts-applied-materials-amat-shares-in-penalty-box-hagens-berman","status":"publish","type":"post","link":"https:\/\/pakistaninewspaperlist.com\/news\/doj-probe-puts-applied-materials-amat-shares-in-penalty-box-hagens-berman\/","title":{"rendered":"DOJ Probe Puts Applied Materials (AMAT) Shares in Penalty Box \u2013 Hagens Berman"},"content":{"rendered":"
\n

SAN FRANCISCO, Dec. 29, 2023 (GLOBE NEWSWIRE) — Hagens Berman urges Applied Materials, Inc. (NASDAQ: AMAT) <\/strong>investors who suffered substantial losses to submit your losses now<\/a>.<\/p>\n

Visit<\/strong>: www.hbsslaw.com\/investor-fraud\/AMAT<\/a>
Contact An Attorney Now<\/strong>: AMAT@hbsslaw.com<\/a>
\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0844-916-0895<\/strong><\/p>\n

Applied Materials, Inc. (NASDAQ: AMAT) Investigation: <\/strong><\/p>\n

\u201cWe\u2019re investigating whether Applied Materials may have violated both U.S. trade restrictions and the U.S. securities laws by potentially sending equipment to a China-based chipmaker without export licenses,\u201d says Reed Kathrein, the Hagens Berman partner leading the firm\u2019s investigation.<\/p>\n

Applied Materials shares plunged on Nov. 16, 2023, following news reports that it faces a US criminal investigation for allegedly violating export restrictions to China.<\/p>\n

According to Reuters<\/em>, the Justice Department is examining the company\u2019s trades with China\u2019s biggest chipmaker, Semiconductor Manufacturing International Corp. The DOJ is probing whether Applied Materials sold hundreds of millions of dollars of equipment without the proper licenses, Reuters reported, citing unidentified sources.<\/p>\n

The new reports come on the heels of the company\u2019s disclosure in Oct. 2022 that it \u201creceived a subpoena from the U.S. Attorney\u2019s Office for the District of Massachusetts requesting information relating to certain China customer shipments.\u201d<\/p>\n

AMAT shares fell as much as 8.3%, the biggest decline since Dec. 22, 2022.<\/p>\n

If you invested in Applied Materials and have substantial losses, or have knowledge that may assist the firm\u2019s investigation, submit your losses now<\/a> \u00bb<\/p>\n

If you\u2019d like more information and answers to frequently asked questions about the Applied Materials investigation, read more<\/a> \u00bb<\/p>\n

Whistleblowers: <\/strong>Persons with non-public information regarding Applied Materials should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895<\/strong> or email AMAT@hbsslaw.com<\/a>.<\/p>\n

About Hagens Berman<\/a>
Hagens Berman is a global plaintiffs\u2019 rights complex litigation law firm focusing on corporate accountability through class-action law. The firm is home to a robust securities litigation practice and represents investors as well as whistleblowers, workers, consumers and others in cases achieving real results for those harmed by corporate negligence and fraud. More about the firm and its successes can be found at\u00a0hbsslaw.com<\/a>. Follow the firm for updates and news at\u00a0@ClassActionLaw<\/a>.\u00a0<\/p>\n

Attorney advertising.<\/strong>
Past results do not guarantee future outcomes.<\/strong>
Services may be performed by attorneys in any of our offices<\/strong>.\u00a0<\/p>\n

Contact: <\/u>
Reed Kathrein, 844-916-0895<\/p>\n

\n <\/div>\n","protected":false},"excerpt":{"rendered":"

SAN FRANCISCO, Dec. 29, 2023 (GLOBE NEWSWIRE) — Hagens Berman urges Applied Materials, Inc. (NASDAQ: AMAT) investors who suffered substantial losses to submit your losses now. Visit: www.hbsslaw.com\/investor-fraud\/AMATContact An Attorney Now: AMAT@hbsslaw.com \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0844-916-0895 Applied Materials, Inc. […]<\/p>\n","protected":false},"author":2,"featured_media":41933,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"fifu_image_url":"https:\/\/ml.globenewswire.com\/Resource\/Download\/51670c91-d369-4a8c-8102-d393de9f6d19","fifu_image_alt":"","footnotes":""},"categories":[208],"tags":[],"class_list":["post-41932","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-globenewswire"],"acf":[],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t