Core Viewpoint - A class action securities lawsuit has been filed against Semtech Corporation, alleging securities fraud that affected investors between August 27, 2024, and February 7, 2025 [1][2]. Group 1: Allegations of Fraud - The lawsuit claims that Semtech's CopperEdge products did not meet the requirements of its server rack customers or end users [2]. - It is alleged that the CopperEdge products necessitated changes in rack architecture, which would hinder sales growth during fiscal 2026 [2]. - The complaint states that due to these issues, sales of CopperEdge products would be lower than expected, and the company's positive statements regarding its business and prospects were misleading [2]. Group 2: Legal Process and Participation - Investors who suffered losses during the specified timeframe have until April 22, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require this role [3]. - Class members may be entitled to compensation without incurring any out-of-pocket costs or fees [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a history of securing significant settlements for shareholders and is recognized as one of the top securities litigation firms in the United States [4].

Core Viewpoint - Securities class action lawsuits have been filed against Semtech Corporation for allegedly making materially false and misleading statements regarding its business operations and product performance during the specified Class Period from August 27, 2024, to February 7, 2025 [1][2]. Group 1: Allegations Against Semtech - The complaint claims that Semtech's CopperEdge products did not meet the needs of its server rack customers or end users [2]. - It is alleged that the CopperEdge products required changes in rack architecture, which were not disclosed to investors [2]. - As a result of these issues, Semtech's sales of CopperEdge products are expected to be lower than anticipated, contradicting previous positive statements made by the company [2]. Group 2: Legal Process for Investors - Semtech investors have until April 22, 2025, to seek appointment as a lead plaintiff representative in the class action [3]. - A lead plaintiff is typically the investor or small group of investors with the largest financial interest in the case [3]. - Investors can choose to participate actively or remain as absent class members without affecting their ability to share in any recovery [3]. Group 3: Firm Background - Kessler Topaz Meltzer & Check, LLP is known for prosecuting class actions and has a reputation for recovering billions for victims of corporate misconduct [4]. - The firm encourages affected Semtech investors to contact them for more information regarding the lawsuits [4].

NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of SMTC during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is April 22, 2025. There is no cost or obligation to you to participate in this case. WHY GROSS LAW FIRM? The Gross Law Firm is a nationally recognized class action law firm, and our mission is to protect the ri ...

SAN FRANCISCO, March 28, 2025 (GLOBE NEWSWIRE) -- A class action lawsuit has been filed against Semtech Corporation (NASDAQ: SMTC), a prominent high-performance, semiconductor, Internet of Things systems and cloud connectivity service provider, alleging that the company misled investors about the suitability of- and the ramp-up schedule for- its CopperEdge product portfolio. The suit, captioned Kleovoulos v. Semtech Corporation, et al., No. 2:25-cv-01474 (C.D. Cal.), represents investors who purchased or ac ...

Core Viewpoint - Semtech Corporation is facing a class action securities lawsuit due to alleged securities fraud that negatively impacted investors between August 27, 2024, and February 7, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit claims that Semtech made false statements regarding its CopperEdge products, which did not meet customer needs, leading to necessary changes in rack architecture [2]. - As a result of these issues, sales of CopperEdge products are expected to be lower than anticipated, affecting the company's performance in fiscal 2026 [2]. - The defendants' positive statements about the company's business and prospects are alleged to be materially misleading and lack a reasonable basis [2]. Group 2: Next Steps for Investors - Investors who suffered losses during the specified timeframe have until April 22, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require this [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees [3]. Group 3: Firm Background - Levi & Korsinsky has a strong track record in securities litigation, having secured hundreds of millions of dollars for shareholders over the past 20 years [4]. - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as one of the leading securities litigation firms in the U.S. [4].

NEW YORK, March 27, 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=138826&from=4CLASS PERIOD: August 27, 2 ...

Core Viewpoint - A class action lawsuit has been filed against Semtech Corporation and certain senior executives for alleged violations of federal securities laws during the class period from August 27, 2024, to February 7, 2025 [1][5]. Group 1: Lawsuit Details - The lawsuit claims that Semtech and its executives made materially false and misleading statements regarding the company's business and operations, particularly concerning the performance of its CopperEdge products [5]. - The lawsuit alleges that the defendants failed to disclose critical information, including that the CopperEdge products did not meet customer needs, required redesigns, and that sales would not ramp up as previously expected [5]. - Following the disclosure of these issues on February 7, 2025, Semtech's stock price fell by $16.91, or 31%, closing at $37.60 per share [6]. Group 2: Company Background - Semtech Corporation is a semiconductor, digital systems, and cloud connectivity service provider, designing and marketing products for commercial applications, including integrated circuits and modules [4].

RADNOR, Pa., March 26, 2025 /PRNewswire/ -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com)  informs investors that securities class action lawsuits have been filed 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, 2025.CONTACT KESSLER TOPAZ MELTZER & CHECK, LLP:If you suffered Semtech losses, ...

Core Viewpoint - Rosen Law Firm is reminding investors who purchased Semtech Corporation securities between August 27, 2024, and February 7, 2025, of the April 22, 2025, lead plaintiff deadline for a class action lawsuit [1] Group 1: Class Action Details - Investors who bought Semtech securities during the specified Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1] - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by April 22, 2025 [2] - The lawsuit claims 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: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest settlement against a Chinese company at the time and being ranked No. 1 for securities class action settlements in 2017 [3] - The firm has recovered hundreds of millions of dollars for investors, securing over $438 million in 2019 alone [3] - Founding partner Laurence Rosen was recognized as a Titan of Plaintiffs' Bar by Law360 in 2020, and many attorneys at the firm have received accolades from Lawdragon and Super Lawyers [3]

NEW YORK, March 26, 2025 (GLOBE NEWSWIRE) -- 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=138512&from=3  CLASS PERIOD: Aug ...