AMAT Investors Get Opportunity to Join Applied Materials, Inc. Securities Fraud Investigation with Schall Law Firm

Schall Law Firm, a national law firm focused on shareholder rights litigation, announces that it is investigating claims alleging violations of the securities laws on behalf of investors of Applied Materials, Inc. (“Applied Materials” or “the Company”) (NASDAQ: AMAT).

The investigation focuses on whether the company made false and/or misleading statements and/or failed to disclose information relevant to investors. Applied Materials is the subject of a Reuters report published on November 16, 2023, stating that the DOJ is investigating the company for possible evasion of export controls by Chinese chipmaker SMIC. Subsequently, on February 27, 2024, Reuters reported that the SEC and the U.S. Attorney’s Office for the District of Massachusetts had issued a subpoena to the company regarding shipments to China.