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The Gross Law Firm Reminds Shareholders of a Lead Plaintiff Deadline of April 22, 2025 in Semtech Corporation Lawsuit – SMTC
GlobeNewswire News Room· 2025-03-31 17:19
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 ...
Semtech Corporation (SMTC) Shares Plummeted 30% In February On CopperEdge Revelations, Class Action Pending – Hagens Berman
GlobeNewswire News Room· 2025-03-28 17:30
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 ...
April 22, 2025 Deadline: Contact Levi & Korsinsky to Join Class Action Suit Against SMTC
GlobeNewswire News Room· 2025-03-27 17:01
NEW YORK, March 27, 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- ...
Investors who lost money on Semtech Corporation(SMTC) should contact The Gross Law Firm about pending Class Action - SMTC
Prnewswire· 2025-03-27 09:45
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 ...
INVESTOR ALERT: Shareholder Class Action Lawsuit Filed Against Semtech Corporation (NASDAQ: SMTC); DiCello Levitt LLP Encourages Investors with Losses to Discuss Their Options with Counsel
GlobeNewswire News Room· 2025-03-26 21:47
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].
SMTC CLASS ACTION FILED: Kessler Topaz Meltzer & Check, LLP Reminds Investors - a Securities Fraud Class Action Lawsuit Has Been Filed Against Semtech Corporation (SMTC)
Prnewswire· 2025-03-26 18:44
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, ...
ROSEN, LEADING INVESTOR COUNSEL, Encourages Semtech Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action – SMTC
GlobeNewswire News Room· 2025-03-26 18:00
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]
SMTC LAWSUIT ALERT: The Gross Law Firm Notifies Semtech Corporation Investors of a Class Action Lawsuit and Upcoming Deadline
GlobeNewswire News Room· 2025-03-26 15:07
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 ...
Semtech(SMTC) - 2025 Q4 - Annual Report
2025-03-25 20:34
Financial Performance - Semtech Corporation reported a revenue of $XX million for the fiscal year, representing a YY% increase compared to the previous year[7]. - The company anticipates a revenue growth of ZZ% for the next fiscal year, driven by increased demand in the 5G infrastructure market[15]. - New product launches are expected to contribute an additional $AA million in revenue, with a focus on IoT and cloud services[7]. Investment and Development - The company has invested $BB million in research and development to enhance its product offerings and maintain competitive advantage[20]. - The acquisition of Sierra Wireless is expected to generate synergies of $DD million annually, enhancing operational efficiency[29]. Market Strategy - Semtech's market expansion strategy includes entering new geographic regions, which is projected to increase market share by CC%[7]. - User data analytics have shown a 10% increase in customer engagement with new products, indicating positive market reception[7]. Risks and Challenges - The company is facing risks related to supply chain disruptions, which could impact production capacity and revenue growth[22]. - Semtech's effective tax rate is projected to increase by EE% due to changes in tax legislation, potentially affecting net income[29]. - The company has identified key risks in international operations, particularly in China, which could adversely affect sales and financial results[23]. - The company faces risks related to macroeconomic conditions, including potential fluctuations in future results and stock price volatility[22]. - Disruptions in U.S. government operations could adversely affect the company's financial condition and results of operations[22]. - The company relies on a limited number of suppliers, and any interruption in supply could significantly impact business operations[22]. - The company may face challenges in developing and selling new products, which require lengthy qualification processes[22]. - Adverse economic conditions in China could materially impact sales and financial results, potentially increasing costs[23]. Regulatory and Compliance - The company is subject to various governmental regulations that impose operational and reporting requirements[25]. - Integration difficulties following the acquisition of Sierra Wireless, Inc. may hinder the realization of anticipated benefits[29]. - The company's indebtedness could adversely affect its financial condition and results of operations[29]. Forward-Looking Statements - The company emphasizes the importance of caution regarding forward-looking statements, which may not guarantee future performance or results[15]. - The consolidated financial statements are subject to interpretations and estimates that could materially impact reported results[16].
SMTC ANNOUNCEMENT: Kessler Topaz Meltzer & Check, LLP Notifies Investors of a Class Action Lawsuit Against Semtech Corporation (SMTC)
GlobeNewswire News Room· 2025-03-24 17:17
RADNOR, Pa., March 24, 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 ...