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Class Action Filed Against Semtech Corporation (SMTC) Seeking Recovery for Investors – Contact Levi & Korsinsky
GlobeNewswire News Room· 2025-04-21 16:58
NEW YORK, April 21, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Semtech Corporation ("Semtech Corporation" or the "Company") (NASDAQ: SMTC) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Semtech Corporation investors who were adversely affected by alleged securities fraud between August 27, 2024 and February 7, 2025. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra- ...
Lost Money on Semtech Corporation(SMTC)? Join Class Action Suit Seeking Recovery - Contact The Gross Law Firm
Prnewswire· 2025-04-21 09:45
NEW YORK, April 21, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Semtech Corporation (NASDAQ: SMTC).Shareholders who purchased shares of SMTC during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/semtech-corporation-loss-submission-form/?id=143814&from=4CLASS PERIOD: August 27, 2 ...
SMTC IMPORTANT DEADLINE: ROSEN, NATIONALLY REGARDED INVESTOR COUNSEL, Encourages Semtech Corporation Investors to Secure Counsel Before Important April 22 Deadline in Securities Class Action – SMTC
GlobeNewswire News Room· 2025-04-20 20:41
Core Viewpoint - Rosen Law Firm is reminding investors who purchased Semtech Corporation securities during the specified Class Period of the upcoming lead plaintiff deadline for a class action lawsuit [1][2]. Group 1: Class Action Details - The class action lawsuit against Semtech Corporation has been filed, and investors who purchased securities between August 27, 2024, and February 7, 2025, may be entitled to compensation without any out-of-pocket fees [1][2]. - Investors wishing to serve as lead plaintiff must file a motion with the Court by April 22, 2025 [2]. Group 2: Allegations Against Semtech - The lawsuit alleges that Semtech made false and misleading statements regarding its CopperEdge products, which did not meet customer needs and required architectural changes [4]. - As a result of these issues, it is claimed that sales of CopperEdge products would not meet expectations for the 2026 fiscal year, leading to lower-than-expected sales [4]. - The lawsuit asserts that the positive statements made by Semtech about its business and prospects were materially misleading [4]. Group 3: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including the largest against a Chinese company at the time [3]. - The firm has been consistently ranked among the top firms for securities class action settlements and has recovered hundreds of millions of dollars for investors [3]. - In 2019, the firm secured over $438 million for investors, showcasing its effectiveness in litigation [3].
SMTC Deadline: SMTC Investors Have Opportunity to Lead Semtech Corporation Securities Fraud Lawsuit
Prnewswire· 2025-04-20 16:02
Group 1 - The Rosen Law Firm is reminding purchasers of Semtech Corporation securities from August 27, 2024, to February 7, 2025, about the April 22, 2025, lead plaintiff deadline for a class action lawsuit [1][2] - Investors who purchased Semtech securities during the specified period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1][2] - The lawsuit alleges that Semtech made false and misleading statements regarding its CopperEdge products, which did not meet customer needs and would result in lower-than-expected sales [4] Group 2 - The Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions, highlighting its own achievements in this area [3] - The firm has recovered hundreds of millions of dollars for investors, including over $438 million in 2019 alone, and has been recognized for its performance in securities class action settlements [3] - The lawsuit claims that the misleading statements by Semtech led to investor damages when the true details about the CopperEdge products were revealed [4]
Lost Money on Semtech Corporation(SMTC)? Join Class Action Suit Seeking Recovery - Contact Levi & Korsinsky
Prnewswire· 2025-04-18 09:45
NEW YORK, April 18, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Semtech Corporation ("Semtech Corporation" or the "Company") (NASDAQ: SMTC) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Semtech Corporation investors who were adversely affected by alleged securities fraud between August 27, 2024 and February 7, 2025. Follow the link below to get more information and be contacted by a member of our team:https://zlk.com/pslra-1/semt ...
SMTC Deadline in 5 Days: Kessler Topaz Meltzer & Check, LLP Reminds Semtech Corporation (SMTC) Investors of Filing Deadline in Class Action Lawsuit
GlobeNewswire News Room· 2025-04-17 20:01
RADNOR, Pa., April 17, 2025 (GLOBE NEWSWIRE) -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that securities class action lawsuits have been filed in the United States District Court for the Central District of California against Semtech Corporation (“Semtech”) (NASDAQ: SMTC) on behalf of those who purchased or otherwise acquired Semtech securities between August 27, 2024, and February 7, 2025, inclusive (the “Class Period”). The lead plaintiff deadline is April 22, 20 ...
April 22, 2025 Deadline: Contact The Gross Law Firm to Join Class Action Suit Against SMTC
Prnewswire· 2025-04-17 09:45
NEW YORK, April 17, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Semtech Corporation (NASDAQ: SMTC).Shareholders who purchased shares of SMTC during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/semtech-corporation-loss-submission-form/?id=143330&from=4CLASS PERIOD: August 27, 2 ...
Kirby McInerney LLP Urges Investors in Semtech Corporation (SMTC) to Inquire About Their Rights in Class Action Lawsuit
GlobeNewswire News Room· 2025-04-17 00:00
Core Viewpoint - A class action lawsuit has been filed against Semtech Corporation due to alleged undisclosed issues with its CopperEdge products, which have negatively impacted sales and led to a significant drop in stock price [1][5]. Company Performance - Semtech's stock price was cut from $80 to $60 by Robert W. Baird & Co. due to slower-than-expected uptake of its active copper cables, resulting in a decline of $5.99 in share price on February 7, 2025 [3]. - Following a Current Report filed on February 7, 2025, Semtech disclosed that net sales from its CopperEdge products for fiscal year 2026 are expected to be lower than the previously estimated $50 million, leading to a further drop of $16.91 in share price, approximately 31%, closing at $37.60 on February 10, 2025 [4]. Legal Issues - The class action lawsuit alleges that Semtech failed to disclose heating issues with its CopperEdge products, which caused NVIDIA to reduce its purchases and develop its own processing unit [5].
SMTC DEADLINE: ROSEN, GLOBAL INVESTOR RIGHTS COUNSEL, Encourages Semtech Corporation Investors With Losses in Excess of $100K to Secure Counsel Before Important April 22 Deadline in Securities Class Action – SMTC
GlobeNewswire News Room· 2025-04-16 19:02
NEW YORK, April 16, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Semtech Corporation (NASDAQ: SMTC) between August 27, 2024 and February 7, 2025, both dates inclusive (the “Class Period”), of the important April 22, 2025 lead plaintiff deadline. SO WHAT: If you purchased Semtech securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement ...
SMTC Deadline: SMTC Investors With Losses in Excess of $100K Have Opportunity to Lead Semtech Corporation Securities Fraud Lawsuit
Prnewswire· 2025-04-15 18:37
NEW YORK, April 15, 2025 /PRNewswire/ --Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Semtech Corporation (NASDAQ: SMTC) between August 27, 2024 and February 7, 2025, both dates inclusive (the "Class Period"), of the important April 22, 2025 lead plaintiff deadline.So what: If you purchased Semtech securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.What t ...