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INVESTOR DEADLINE MONDAY: Robbins Geller Rudman & Dowd LLP Announces that Skyworks Solutions, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit - SWKS
GlobeNewswire News Room· 2025-05-01 15:22
Core Viewpoint - The Skyworks class action lawsuit alleges that Skyworks Solutions, Inc. and certain executives made misleading statements regarding the company's revenue outlook and growth potential, leading to significant stock price declines following disappointing financial results [1][4][5]. Group 1: Lawsuit Details - The lawsuit is titled Nunez v. Skyworks Solutions, Inc. and seeks to represent purchasers of Skyworks securities, alleging violations of the Securities Exchange Act of 1934 [1]. - A second complaint, Tsvetkov v. Skyworks Solutions, Inc., has also been filed [1]. - The lawsuit claims that Skyworks misrepresented its revenue outlook and growth potential, particularly relying on its partnership with a major customer [4]. Group 2: Financial Performance - On February 5, 2025, Skyworks reported first-quarter financial results for fiscal year 2025 and provided lower-than-expected revenue guidance for the second quarter, citing an intensified competitive landscape [5]. - Following this announcement, Skyworks' stock price fell by more than 24% [5]. Group 3: Legal Process - The Private Securities Litigation Reform Act of 1995 allows any investor who purchased Skyworks securities during the class period to seek appointment as lead plaintiff in the lawsuit [6]. - The lead plaintiff represents the interests of all class members and can select a law firm for litigation [6]. Group 4: Law Firm Background - Robbins Geller Rudman & Dowd LLP is a leading law firm specializing in securities fraud cases, having recovered $6.6 billion for investors in class action cases [7]. - The firm has been ranked 1 in securing monetary relief for investors in six out of the last ten years [7].
Shareholders that lost money on Skyworks Solutions, Inc.(SWKS) should contact The Gross Law Firm about pending Class Action - SWKS
Prnewswire· 2025-05-01 09:45
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]. 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 diversify its offerings through new technologies [1]. - On February 5, 2025, Skyworks announced its first-quarter financial results for fiscal year 2025, revealing lower-than-expected revenue guidance for the second quarter, attributing this to an intensified competitive landscape [1]. - Following the announcement, Skyworks' stock price plummeted from $87.08 per share on February 5, 2025, to $65.60 per share on February 6, 2025, marking a decline of over 24% in just one day [1]. Group 2: Class Action Details - Shareholders who purchased shares of SWKS during the class period from August 8, 2023, to February 5, 2025, are encouraged to register for the class action, with a deadline of May 5, 2025, to seek lead plaintiff status [2]. - Once registered, shareholders will be enrolled in a portfolio monitoring software to receive updates throughout the case lifecycle, with no cost or obligation to participate [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 who have suffered due to deceit, fraud, and illegal business practices [3]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who incurred losses from misleading statements or omissions that artificially inflated stock prices [3].
Holzer & Holzer, LLC Reminds Investors of the May 5, 2025 Lead Plaintiff Deadline in Shareholder Class Action Lawsuits Against Ready Capital Corporation (RC), and Skyworks Solutions, Inc. (SWKS)
GlobeNewswire News Room· 2025-04-29 17:15
ATLANTA, April 29, 2025 (GLOBE NEWSWIRE) -- Holzer & Holzer, LLC reminds investors of the May 5, 2025 deadline to seek to be appointed lead plaintiff in the following class action lawsuits: Ready Capital Corporation The shareholder class action lawsuit filed against Ready Capital Corporation (“Ready Capital” or the “Company”) (NYSE: RC) alleges that Defendants made materially false and/or misleading statements and/or failed to disclose material adverse information regarding certain loans in Ready Capital’s ...
Levi & Korsinsky Notifies Shareholders of Skyworks Solutions, Inc. (SWKS) of a Class Action Lawsuit and an Upcoming Deadline
GlobeNewswire News Room· 2025-04-29 17:11
Core Viewpoint - A class action securities lawsuit has been filed against Skyworks Solutions, Inc. due to alleged securities fraud affecting investors between August 8, 2023, and February 5, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit aims to recover losses for investors who were misled by the company's statements regarding expected revenue for fiscal year 2025, including claims of growth potential and investment in new technologies [2]. - On February 5, 2025, Skyworks reported financial results for Q1 of fiscal year 2025, revealing lower-than-expected revenue guidance for Q2, attributing this to an intensified competitive landscape [2]. - Following the announcement, Skyworks' stock price plummeted from $87.08 per share to $65.60 per share, marking a decline of over 24% in one day [2]. Group 2: Next Steps for Investors - Investors who suffered losses during the specified timeframe have until May 5, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require this role [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees, with no obligation to participate [3]. Group 3: Firm Background - Levi & Korsinsky has a history of securing hundreds of millions of dollars for shareholders and is recognized as one of the top securities litigation firms in the United States [4].
Shareholders of Skyworks Solutions, Inc. Should Contact Levi & Korsinsky Before May 5, 2025 to Discuss Your Rights - SWKS
Prnewswire· 2025-04-29 09:45
Core Viewpoint - A class action securities lawsuit has been filed against Skyworks Solutions, Inc. due to alleged securities fraud that negatively impacted investors between August 8, 2023, and February 5, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit aims to recover losses for investors who were misled by the company's statements regarding expected revenue for fiscal year 2025, including claims of growth potential and investment in new technologies [2]. - On February 5, 2025, Skyworks reported financial results for Q1 of fiscal year 2025, revealing lower-than-expected revenue guidance for Q2, attributing this to an intensified competitive landscape [2]. - Following the announcement, Skyworks' stock price plummeted from $87.08 per share to $65.60 per share, marking a decline of over 24% in just one day [2]. Group 2: Next Steps for Investors - Investors who suffered losses during the specified timeframe have until May 5, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require this role [3]. - Class members may be eligible for compensation without incurring any out-of-pocket costs or fees [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions for shareholders over the past 20 years and consistently ranking among the top securities litigation firms in the U.S. [4].
Skyworks Solutions, Inc. Investors: Please contact the Portnoy Law Firm to recover your losses. May 5, 2025 Deadline to file Lead Plaintiff Motion
GlobeNewswire News Room· 2025-04-28 22:48
The lawsuit further alleges that, on February 5, 2025, Skyworks announced its financial results for the first quarter of fiscal year 2025 and issued lower-than-expected revenue guidance for the second quarter, attributing the disappointing outlook to an increasingly competitive landscape. Following this news, the price of Skyworks stock declined by more than 24%, according to the complaint. Please visit our website to review more information and submit your transaction information. The Portnoy Law Firm repr ...
SWKS DEADLINE: ROSEN, LEADING TRIAL ATTORNEYS, Encourages Skyworks Solutions, Inc. Investors to Secure Counsel Before Important May 5 Deadline in Securities Class Action – SWKS
GlobeNewswire News Room· 2025-04-28 19:49
Core Viewpoint - Rosen Law Firm is reminding investors who purchased securities of Skyworks Solutions, Inc. during the specified Class Period of the upcoming lead plaintiff deadline for a class action lawsuit [1][2]. Group 1: Class Action Details - The class action lawsuit pertains to securities purchased between July 30, 2024, and February 5, 2025, with a lead plaintiff deadline set for May 5, 2025 [1][2]. - Investors may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1]. Group 2: Legal Representation - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a proven track record in securities class actions, highlighting its own success and recognition in this field [3]. - The firm has achieved significant settlements for investors, including over $438 million in 2019 alone, and has been consistently ranked among the top firms for securities class action settlements [3]. Group 3: Case Allegations - The lawsuit alleges that during the Class Period, Skyworks' management provided misleading information regarding the company's expected revenue and its relationship with Apple, its largest customer [4]. - It is claimed that the defendants oversold Skyworks' ability to leverage AI in the smartphone upgrade cycle while concealing adverse facts about its client base [4].
SWKS INVESTOR ALERT: Skyworks Solutions, Inc. Investors with Substantial Losses Have Opportunity to Lead Securities Class Action Lawsuit
Prnewswire· 2025-04-28 18:05
Core Viewpoint - A class action lawsuit has been filed against Skyworks Solutions, Inc. and its executives for alleged violations of the Securities Exchange Act of 1934, claiming misleading statements regarding the company's financial outlook and growth potential [1][4]. Company Overview - Skyworks Solutions, Inc. designs, develops, manufactures, and markets proprietary semiconductor products [3]. Allegations of the Lawsuit - The lawsuit alleges that Skyworks and its executives created a false impression of reliable revenue projections while downplaying risks associated with smartphone upgrade cycles and macroeconomic fluctuations [4]. - It is claimed that the optimistic reports on growth and earnings potential were overly reliant on a partnership with a major customer and the launch of that customer's new phone [4]. - The lawsuit further asserts that Skyworks was not adequately prepared to achieve its perceived growth potential [4]. Financial Impact - On February 5, 2025, Skyworks announced its first-quarter financial results for fiscal year 2025, providing lower-than-expected revenue guidance for the second quarter, attributing this to an intensified competitive landscape [5]. - Following this announcement, Skyworks' stock price fell by more than 24% [5]. Legal Process - The Private Securities Litigation Reform Act of 1995 allows any investor who purchased Skyworks securities during the class period to seek appointment as lead plaintiff in the lawsuit [6]. - The lead plaintiff represents the interests of all class members and can select a law firm to litigate the case [6]. Law Firm Background - Robbins Geller Rudman & Dowd LLP is a leading law firm specializing in securities fraud cases, having secured over $6.6 billion for investors in class action cases [7]. - The firm has been ranked 1 in securing monetary relief for investors for six out of the last ten years [7].
The Gross Law Firm Reminds Shareholders of a Lead Plaintiff Deadline of May 5, 2025 in Skyworks Lawsuit – SWKS
GlobeNewswire News Room· 2025-04-28 16:34
Core Viewpoint - The Gross Law Firm is notifying shareholders of Skyworks Solutions, Inc. about a potential class action lawsuit due to misleading statements regarding the company's revenue expectations for fiscal year 2025, which led to a significant drop in stock price following disappointing financial results [1][3]. Summary by Sections Class Action Details - Shareholders who purchased shares of Skyworks Solutions (SWKS) between July 30, 2024, and February 5, 2025, are encouraged to contact the Gross Law Firm for possible lead plaintiff appointment [1][3]. - The deadline for shareholders to register for the class action is May 5, 2025 [4]. Allegations and Financial Impact - The complaint alleges that Skyworks' management provided investors with overly optimistic information about the company's revenue and growth potential, particularly in the mobile business [3]. - On February 5, 2025, Skyworks announced its first-quarter financial results for fiscal year 2025, revealing 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 who register will be enrolled in a portfolio monitoring software to receive updates throughout the case [4]. - Participation in the case incurs no cost or obligation for shareholders [4]. Firm's Commitment - The Gross Law Firm aims to protect investors' rights and ensure companies adhere to responsible business practices, seeking recovery for losses incurred due to misleading statements [5].
SWKS INVESTOR ALERT: Robbins Geller Rudman & Dowd LLP Announces that Skyworks Solutions, Inc. Investors with Substantial Losses Have Opportunity to Lead Securities Class Action Lawsuit
GlobeNewswire News Room· 2025-04-27 15:00
Core Viewpoint - The Skyworks class action lawsuit alleges that Skyworks Solutions, Inc. and its executives made misleading statements regarding the company's revenue outlook and growth potential, leading to significant stock price declines following disappointing financial results [1][3][4]. Group 1: Lawsuit Details - The class action lawsuit is titled Nunez v. Skyworks Solutions, Inc. and seeks to represent purchasers of Skyworks securities, alleging violations of the Securities Exchange Act of 1934 [1][2]. - A second complaint, Tsvetkov v. Skyworks Solutions, Inc., has also been filed, with lead plaintiff motions due by May 5, 2025 [1][2]. - The lawsuit claims that Skyworks misrepresented its financial health and growth prospects, particularly in relation to its largest customer and the impact of macroeconomic factors [3]. Group 2: Financial Performance - On February 5, 2025, Skyworks reported first-quarter fiscal year 2025 results and provided lower-than-expected revenue guidance for the second quarter, citing an intensified competitive landscape [4]. - Following this announcement, Skyworks' stock price dropped by more than 24% [4]. Group 3: Legal Process - The Private Securities Litigation Reform Act of 1995 allows any investor who purchased Skyworks securities during the class period to seek appointment as lead plaintiff [5]. - The lead plaintiff will represent the interests of all class members and can choose a law firm to litigate the case [5]. Group 4: Law Firm Background - Robbins Geller Rudman & Dowd LLP is a leading law firm in securities fraud cases, having recovered $6.6 billion for investors in class action cases, significantly more than any other firm in recent years [6]. - The firm has a strong track record, including the largest securities class action recovery in history at $7.2 billion [6].