RADNOR, Pa., April 10, 2025 /PRNewswire/ -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed against Skyworks Solutions, Inc. ("Skyworks") (NASDAQ: SWKS) on behalf of those who purchased or otherwise acquired Skyworks securities between July 30, 2024, and February 5, 2025, inclusive (the "Class Period"). The lead plaintiff deadline is May 5, 2025.CONTACT KESSLER TOPAZ MELTZER & CHECK, LLP:If you suffered Skyworks losses ...

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Skyworks To Contact Him Directly To Discuss Their Options If you purchased or acquired securities in Skyworks between July 30, 2024 and February 5, 2025 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, April 09, 2025 (GLOBE NEWSWIRE) -- Faruq ...

Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Skyworks Solutions, Inc. regarding a class action lawsuit due to alleged misleading statements about the company's expected revenue for fiscal year 2025 [1][2]. Summary by Sections Allegations - The complaint alleges that Skyworks' management provided investors with optimistic information about the company's revenue expectations and growth potential in the mobile business [2]. - On February 5, 2025, Skyworks announced lower-than-expected revenue guidance for Q2 of fiscal year 2025, attributing this to an intensified competitive landscape [2]. - Following this announcement, Skyworks' stock price plummeted from $87.08 to $65.60, a decline of over 24% in one day [2]. Class Action Details - The class period for the lawsuit is defined as July 30, 2024, to February 5, 2025 [2]. - Shareholders are encouraged to register for the class action by May 5, 2025, to potentially become lead plaintiffs [3]. - Participants will receive updates through a portfolio monitoring software without any cost or obligation [3]. Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm focused on protecting investors' rights against deceit and fraud [4]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors affected by misleading statements [4].

Core Viewpoint - A securities class action lawsuit has been filed against Skyworks Solutions, Inc. for allegedly making materially false and misleading statements during the class period from July 30, 2024, to February 5, 2025 [1][2]. Allegations Against Defendants - The complaint claims that Skyworks failed to disclose critical information regarding its business relationship with Apple, its largest customer, which did not guarantee continued business for the anticipated iPhone launch [2]. - It is alleged that Skyworks oversold its position and ability to leverage AI in the smartphone upgrade cycle, leading to misleading positive statements about the company's operations and prospects [2]. Lead Plaintiff Process - Investors in Skyworks have until May 5, 2025, to seek appointment as a lead plaintiff, representing the class in the litigation [3]. - The lead plaintiff is typically the investor or group of investors with the largest financial interest and who are representative of the class [3]. Firm Background - Kessler Topaz Meltzer & Check, LLP has a reputation for prosecuting class actions and has recovered billions for victims of corporate misconduct [4].

Company Overview - Skyworks Solutions (SWKS) is an American company specializing in the development of analog and RF chips, which are essential for wireless communication technologies [1] Industry Insights - The company plays a crucial role in enabling wireless communication, particularly in devices such as iPhones and Android smartphones [1] Professional Background - The article mentions a professional background in private banking, corporate finance, and strategic advisory, highlighting experience in managing cross-border M&A transactions and crafting tailored investment solutions [1]

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Skyworks Solutions, Inc. due to significant losses suffered by investors following misleading statements about the company's financial health and client relationships [2][4]. Group 1: Company Overview - Skyworks Solutions, Inc. (NASDAQ: SWKS) is facing a federal securities class action lawsuit, with a deadline for investors to seek lead plaintiff status by May 5, 2025 [2]. - The firm Faruqi & Faruqi has a history of recovering hundreds of millions of dollars for investors since its establishment in 1995 [3]. Group 2: Allegations and Financial Impact - The complaint alleges that Skyworks provided materially false and misleading information regarding its expected revenue for fiscal year 2025, particularly concerning its relationship with Apple and its ability to leverage AI in the smartphone market [4]. - Following the announcement of lower-than-expected financial results for Q1 fiscal year 2025 and a disappointing revenue forecast for Q2, Skyworks' stock price plummeted from $87.08 to $65.60, a decline of over 24% in one day [5].

Core Viewpoint - A class action lawsuit has been filed against Skyworks Solutions, Inc. and certain senior executives for alleged violations of federal securities laws during the class period from July 30, 2024, to February 5, 2025 [1][5]. Group 1: Lawsuit Details - The lawsuit claims that the defendants misled investors regarding the company's revenue outlook and growth potential while downplaying risks associated with smartphone upgrade cycles and macroeconomic factors [5]. - Investors who purchased Skyworks securities during the class period and suffered losses can seek appointment as lead plaintiff by May 5, 2025 [2]. Group 2: Company Performance - Skyworks develops and provides analog and mixed-signal semiconductor products, including RF switches for 5G and Wi-Fi applications across various sectors such as mobile, aerospace, automotive, and medical [4]. - On February 5, 2025, Skyworks reported a significant decline in its mobile business, projecting a sequential decline in the mid- to high teens, contrary to earlier optimistic statements [6]. - Following the announcement of disappointing earnings and guidance, Skyworks' stock price dropped by $21.48, or 24%, from $87.08 to $65.60 per share [6].

Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Skyworks Solutions, Inc. regarding a class action lawsuit due to alleged misleading statements about the company's expected revenue for fiscal year 2025, which led to a significant drop in stock price following disappointing financial results [1][3]. Summary by Relevant Sections Class Period and Allegations - The class period for the lawsuit is from July 30, 2024, to February 5, 2025 [3]. - Allegations include that defendants provided investors with material information about Skyworks' expected revenue and expressed confidence in the company's ability to grow its mobile business and diversify its offerings [3]. Financial Results and Stock Price Impact - On February 5, 2025, Skyworks announced its first-quarter financial results for fiscal year 2025, along with lower-than-expected revenue guidance for the second quarter, attributing this to an intensified competitive landscape [3]. - Following this announcement, Skyworks' stock price plummeted from $87.08 per share to $65.60 per share on February 6, 2025, marking a decline of over 24% in one day [3]. Next Steps for Shareholders - Shareholders are encouraged to register for the class action by May 5, 2025, to potentially become lead plaintiffs and to receive updates on the case [4]. - There is no cost or obligation for shareholders to participate in the case [4]. Law Firm's Commitment - The Gross Law Firm aims to protect investors' rights and seeks recovery for those who suffered losses due to misleading statements or omissions by companies [5].

Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Skyworks Solutions, Inc. regarding a class action lawsuit due to alleged misleading statements about the company's expected revenue for fiscal year 2025, which led to a significant drop in stock price following disappointing financial results [1][2]. Group 1: Allegations and Financial Impact - The allegations state that defendants provided investors with material information about Skyworks' expected revenue, expressing confidence in the company's ability to grow its mobile business and invest in new technologies [1]. - On February 5, 2025, Skyworks announced lower-than-expected revenue guidance for Q2 of fiscal year 2025, attributing this to an intensified competitive landscape [1]. - Following the announcement, Skyworks' stock price plummeted from $87.08 per share to $65.60 per share on February 6, 2025, marking a decline of over 24% in one day [1]. Group 2: Class Action Details - The class period for the lawsuit is defined as July 30, 2024, to February 5, 2025, and shareholders are encouraged to register for participation [2]. - The deadline for shareholders to seek lead plaintiff status is May 5, 2025, and there is no cost or obligation to participate in the case [2]. - Registered shareholders will receive updates through a portfolio monitoring software throughout the lifecycle of the case [2]. Group 3: Law Firm's Mission - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting the rights of investors affected by deceit, fraud, and illegal business practices [3]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements or omissions of material information [3].

The Complaint alleges that, investors and analysts reacted immediately to Skyworks' revelation. The Complaint further alleges that the price of Skyworks' common stock declined dramatically from a closing market price of $87.08 per share on February 5, 2025, Skyworks' stock price fell to $65.60 per share on February 6, 2025, a decline of over 24% in the span of just a single day. Investors who purchased or otherwise acquired shares of Skyworks should contact the Firm prior to the May 5, 2025 lead plaintiff m ...