Investors can contact the law firm at no cost to learn more about recovering their losses LOS ANGELES, Feb. 27, 2025 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Semtech Corporation ("Semtech Corporation" or the "Company") (NASDAQ: SMTC) investors of a class action representing investors that bought securities between August 27, 2024 and February 7, 2025, inclusive (the "Class Period"). Semtech Corporation investors have until April 22, 2025 to file a lead plaintiff motion. Investors are encouraged to c ...

SAN DIEGO, Feb. 27, 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, both 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 top e ...

NEW YORK, Feb. 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=132358&from=4 CLASS PERIOD: August 27, 2 ...

NEW YORK, Feb. 26, 2025 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a lawsuit has been filed against Semtech Corp. (NASDAQ: SMTC) and certain of the Company’s senior executives for potential violations of the federal securities laws. If you invested in Semtech, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/semtech-corp. Investors have until April 22, 2025, to ask the Court to be appointed to lead the ...

NEW YORK, Feb. 25, 2025 (GLOBE NEWSWIRE) -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Semtech Corporation (“Semtech” or “the Company”) (NASDAQ: SMTC) and certain of its officers. Class Definition This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Semtech ...

SAN FRANCISCO, Feb. 25, 2025 /PRNewswire/ -- 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 acquir ...

Core Viewpoint - Rosen Law Firm has announced a class action lawsuit against Semtech Corporation for misleading statements regarding its CopperEdge products during the Class Period from August 27, 2024, to February 7, 2025 [1][5]. Group 1: Lawsuit Details - The class action lawsuit claims that Semtech made false and misleading statements about its CopperEdge products, which did not meet customer needs and required architectural changes [5]. - As a result of these issues, Semtech's sales of CopperEdge products are expected to be lower than anticipated, impacting the company's business outlook [5]. Group 2: Participation Information - Investors who purchased Semtech securities during the Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - To join the class action, investors can visit the provided link or contact the law firm directly for more information [3][6]. Group 3: Law Firm Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including over $438 million for investors in 2019 [4]. - The firm has been recognized for its success in securities class action settlements and has consistently ranked among the top firms in this area since 2013 [4].

SAN DIEGO, Feb. 24, 2025 (GLOBE NEWSWIRE) -- The law firm of Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Semtech Corporation (NASDAQ: SMTC) securities between August 27, 2024 and February 7, 2025, both 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 and certain of Se ...

Core Viewpoint - A lawsuit has been filed against Semtech Corp. and its senior executives for potential violations of federal securities laws, specifically related to misrepresentations about their CopperEdge products [1][2][3]. Group 1: Lawsuit Details - The lawsuit is pending in the U.S. District Court for the Central District of California, titled Kleovoulos v. Semtech Corporation, et al., No. 25-cv-1474 [2]. - Investors have until April 22, 2025, to request to be appointed to lead the case [2]. Group 2: Allegations Against Semtech - The complaint alleges that Semtech misrepresented the capabilities of its CopperEdge products, which were claimed to meet the needs of service rack customers but actually required architecture changes [3]. Group 3: Stock Performance Impact - Following the announcement on February 7, 2025, that CopperEdge's fiscal year 2026 net sales would be lower than the $50 million floor case scenario, Semtech's stock price dropped over 31%, from $54.51 to $37.60 per share [4][5]. - This decline marked the largest single-day drop for Semtech stock in nearly 40 years [5].

Core Viewpoint - A class action lawsuit has been filed against Semtech Corporation, alleging that the company misled 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 the needs of server rack customers and end users [2]. - It is alleged that the CopperEdge products required specific rack architecture changes, which were not communicated to investors [2]. - As a result of these issues, sales of CopperEdge products were expected to be lower than previously estimated, contradicting the company's positive statements about its business [2]. - The company anticipated that CopperEdge sales would not ramp up during fiscal 2026, leading to a significant downward revision of sales expectations [2][3]. Impact on Stock Price - Following the announcement on February 7, 2025, regarding the lower-than-expected sales of CopperEdge products, 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 participating in the class action must file their papers by April 22, 2025, to serve as lead plaintiffs [4]. - Shareholders can remain absent class members if they choose not to participate in the case [4]. About Robbins LLP - Robbins LLP is noted for its focus on shareholder rights litigation, helping shareholders recover losses and improve corporate governance since 2002 [5].