SAN DIEGO, March 05, 2025 (GLOBE NEWSWIRE) -- Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Semtech Corporation (NASDAQ: SMTC) securities between August 27, 2024 and February 7, 2025, all dates inclusive (the “Class Period”), have until April 22, 2025 to seek appointment as lead plaintiff of the Semtech class action lawsuit. Captioned Kleovoulos v. Semtech Corporation, No. 25-cv-01474 (C.D. Cal.), the Semtech class action lawsuit charges Semtech as well as certain of Semtech’s t ...

Core Viewpoint - A class action has been filed against Semtech Corporation for allegedly misleading investors regarding its business prospects, particularly concerning its CopperEdge products [1][2]. Allegations - The complaint states that Semtech failed to disclose that its CopperEdge products did not meet customer needs, necessitating changes in rack architecture [2]. - It is alleged that due to these issues, sales of CopperEdge products would not ramp up as expected during fiscal 2026, leading to lower-than-anticipated sales [2]. - Positive statements made by the company regarding its business operations and prospects were claimed to be materially misleading [2]. Stock Price Impact - Following the announcement on February 7, 2025, that CopperEdge sales would not meet expectations, Semtech's stock price dropped by $16.91, or 31%, closing at $37.60 per share on February 10, 2025 [3]. Class Action Participation - Shareholders interested in serving as lead plaintiffs must file their papers by April 22, 2025, but participation is not required to be eligible for recovery [4]. Legal Representation - Robbins LLP operates on a contingency fee basis, meaning shareholders incur no fees or expenses for representation [5].

SAN DIEGO, March 4, 2025 /PRNewswire/ -- Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Semtech Corporation (NASDAQ: SMTC) securities between August 27, 2024 and February 7, 2025, inclusive (the "Class Period"), have until April 22, 2025 to seek appointment as lead plaintiff of the Semtech class action lawsuit.  Captioned Kleovoulos v. Semtech Corporation, No. 25-cv-01474 (C.D. Cal.), the Semtech class action lawsuit charges Semtech as well as certain of Semtech's top executives ...

NEW YORK, March 4, 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/semte ...

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 purchased 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 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: 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 3, 2025 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Semtech Corporation ("Semtech" or the "Company") (NASDAQ: SMTC). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.The class action concerns whether Semtech and certain of its officers ...

NEW YORK, March 3, 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=132981&from=4 CLASS PERIOD: August 27, 2 ...

Core Viewpoint - Securities class action lawsuits have been filed against Semtech Corporation for allegedly making 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, leading to required changes in rack architecture [2]. - As a result of the aforementioned issues, Semtech's sales of CopperEdge products are expected to be lower than anticipated, impacting the company's fiscal 2026 sales ramp-up [2]. - The positive statements made by Semtech regarding its business and prospects were deemed materially misleading and lacked a reasonable basis due to these undisclosed facts [2]. Group 2: Legal Process and Investor Participation - Investors in Semtech have until April 22, 2025, to seek appointment as lead plaintiff representatives in the class action lawsuit [3]. - A lead plaintiff is typically the investor or small group of investors with the largest financial interest in the case, who will direct the litigation on behalf of all class members [3]. - Participation as a lead plaintiff does not affect an investor's ability to share in any potential recovery from the lawsuit [3]. Group 3: Firm Background - Kessler Topaz Meltzer & Check, LLP is known for prosecuting class actions and has a reputation for recovering billions of dollars for victims of corporate misconduct [4]. - The firm aims to protect investors and others from fraud and negligence by businesses [4].

BENSALEM, Pa., Feb. 28, 2025 /PRNewswire/ -- The Law Offices of Howard G. Smith announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Semtech Corporation ("Semtech" or the "Company") (NASDAQ: SMTC).IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN SEMTECH CORPORATION (SMTC), CONTACT THE LAW OFFICES OF HOWARD G. SMITH BEFORE APRIL 22, 2025 (LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE ONGOING SECURITIES FRAUD LAWSUIT.Contact the Law Offices ...

NEW YORK, Feb. 28, 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/semte ...