SAN DIEGO, Sept. 09, 2024 (GLOBE NEWSWIRE) -- A class action lawsuit has been filed on behalf of purchasers or acquirers of STMicroelectronics N.V. (NYSE: STM) ("STM" or the "Company") securities between January 25, 2024 and July 24, 2024, inclusive (the "Class Period"), charging the Company and certain senior executives with violations of the federal securities laws (collectively, "Defendants"). STM investors have until October 22, 2024 to seek appointment as lead plaintiff of the STM class action lawsuit. ...

BENSALEM, Pa., Sept. 9, 2024 /PRNewswire/ -- Law Offices of Howard G. Smith announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against STMicroelectronics N.V. ("STM" or the "Company") (NYSE: STM). Class Period: January 25, 2024 – July 24, 2024 Lead Plaintiff Deadline: October 22, 2024 Investors suffering losses on their STM investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights in this class acti ...

NEW YORK, Sept. 9, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of STMicroelectronics N.V. (NYSE: STM). Shareholders who purchased shares of STM 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/stmicroelectronics-loss-submission-form/?id=100751&from=4 CLASS PERIOD: January 25 ...

NEW YORK, Sept. 07, 2024 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of STMicroelectronics N.V. (NYSE: STM) between January 25, 2024 and July 24, 2024, both dates inclusive (the "Class Period"), of the important October 22, 2024 lead plaintiff deadline. SO WHAT: If you purchased STMicroelectronics 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 ...

LOS ANGELES, Sept. 06, 2024 (GLOBE NEWSWIRE) -- Glancy Prongay & Murray LLP ("GPM") reminds investors of the upcoming October 22, 2024 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired STMicroelectronics N.V. ("STM" or the "Company") (NYSE: STM) securities between January 25, 2024 to July 24, 2024, inclusive (the "Class Period"). If you suffered a loss on your STM investments or would like to inquire about potentially pursuing claim ...

NEW YORK, Sept. 5, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of STMicroelectronics N.V. (NYSE: STM). Shareholders who purchased shares of STM 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/stmicroelectronics-loss-submission-form/?id=100121&from=4 CLASS PERIOD: January 25 ...

NEW YORK, Sept. 04, 2024 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of STMicroelectronics N.V. (NYSE: STM) between January 25, 2024 and July 24, 2024, both dates inclusive (the "Class Period"), of the important October 22, 2024 lead plaintiff deadline. SO WHAT: If you purchased STMicroelectronics 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 ...

Core Viewpoint - A class action lawsuit has been filed against STMicroelectronics N.V. for allegedly misleading investors about its business prospects during the first half of 2024 [1][2]. Group 1: Allegations and Financial Performance - The lawsuit claims that STMicroelectronics failed to disclose a decline in demand in its automotive and industrial sectors, contrary to previous statements [2]. - As a result of the declining demand, the company's revenues and gross margins also continued to decline during this period [2]. - On July 25, 2024, STMicroelectronics announced Q2 2024 results, revising its FY 2024 revenue projections down to a range of $13.2 billion to $13.7 billion, a reduction from the previously revised forecast of $14 billion to $15 billion [3]. - The gross margin was also revised down to "about 40%," from the previously revised forecast of "in the low 40's" [3]. - Q2 revenue experienced a 25.3% decline year-over-year, amounting to $3.23 billion, with net sales to OEMs and through distribution channels decreasing by 14.9% and 43.7%, respectively, year-over-year [3]. Group 2: Market Reaction - Following the announcement of the negative financial results, STMicroelectronics' share price fell by $6.07 per share, or 15.35%, closing at $33.47 per share on July 25, 2024 [3]. Group 3: Legal Proceedings - Shareholders interested in participating in the class action must submit their application to the court by October 22, 2024 [4]. - A lead plaintiff will represent other class members in directing the litigation, but participation is not required to be eligible for recovery [4]. Group 4: Company Background - STMicroelectronics designs, develops, manufactures, and sells semiconductor products across various regions, including Europe, the Middle East, Africa, the Americas, and the Asia Pacific [1].

NEW YORK, Sept. 01, 2024 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action on behalf of purchasers of securities of STMicroelectronics N.V. (NYSE: STM) between January 25, 2024 and July 24, 2024, both dates inclusive (the "Class Period"). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than October 22, 2024. SO WHAT: If you purchased STMicroelectronics securities during th ...

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $100,000 In STMicroelectronics To Contact Him Directly To Discuss Their Options If you suffered losses exceeding $100,000 in STMicroelectronics between January 25, 2024 to July 24, 2024 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247- 4292 or 212-983-9330 (Ext. 1310). [You may also click here for additional information] NEW YORK, ...