Workflow
Skyworks(SWKS)
icon
Search documents
Class Action Filed Against Skyworks Solutions, Inc. (SWKS) Seeking Recovery for Investors - Contact Levi & Korsinsky
Prnewswire· 2025-03-28 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 July 30, 2024, and February 5, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit aims to recover losses for investors affected by the alleged fraud, which involved misleading statements about Skyworks' expected revenue for fiscal year 2025 [2]. - Defendants expressed confidence in Skyworks' ability to grow its mobile business and diversify its offerings through new technology investments [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]. Group 2: Stock Price Impact - Following the announcement of disappointing financial results and guidance, 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 one day [2]. Group 3: Next Steps for Investors - Investors who suffered losses during the specified timeframe have until May 5, 2025, to request appointment as lead plaintiff in the lawsuit [3]. - Participation in the lawsuit does not require serving as a lead plaintiff, and class members may be entitled to compensation without any out-of-pocket costs [3]. Group 4: 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].
Lost Money on Skyworks Solutions, Inc.(SWKS)? Join Class Action Suit Seeking Recovery - Contact The Gross Law Firm
Prnewswire· 2025-03-27 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, leading 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 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 - Shareholders who purchased shares of SWKS during the class period from July 30, 2024, 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]. - Registered shareholders will be enrolled in a portfolio monitoring software to receive updates throughout the case lifecycle [2]. Group 3: Law Firm's Mission - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against 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].
ROSEN, LEADING INVESTOR COUNSEL, Encourages Skyworks Solutions, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – SWKS
GlobeNewswire News Room· 2025-03-26 21:39
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] 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 [3] - The firm has achieved significant settlements in the past, including the largest securities class action settlement against a Chinese company at the time [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]
Faruqi & Faruqi Reminds Skyworks Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of May 5, 2025 – SWKS
GlobeNewswire News Room· 2025-03-26 19:53
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Skyworks Solutions, Inc. due to misleading statements regarding its financial performance and client relationships, particularly with Apple, leading to significant investor losses [2][4]. Group 1: Legal Investigation and Class Action - Faruqi & Faruqi, LLP is encouraging investors who suffered losses exceeding $75,000 in Skyworks between July 30, 2024, and February 5, 2025, to discuss their legal options [1]. - A federal securities class action has been filed against Skyworks, with a deadline of May 5, 2025, for investors to seek the role of lead plaintiff [2][6]. - The firm has a history of recovering hundreds of millions of dollars for investors since its founding in 1995 [3]. Group 2: Financial Performance and Misleading Statements - The complaint alleges that Skyworks provided investors with overly positive statements about its expected revenue for fiscal year 2025 while concealing material adverse facts about its client base and competitive position [4]. - On February 5, 2025, Skyworks announced lower-than-expected revenue guidance for the second quarter of fiscal year 2025, attributing this to an intensified competitive landscape, resulting in a stock price drop of over 24% from $87.08 to $65.60 per share in one day [5].
SWKS Announcement: Kessler Topaz Meltzer & Check, LLP Encourages Skyworks Solutions, Inc. (SWKS) Investors to Contact the Firm About Securities Fraud Class Action Lawsuit
Prnewswire· 2025-03-26 18:47
Core Viewpoint - A securities class action lawsuit has been filed against Skyworks Solutions, Inc. for allegedly making materially false and misleading statements regarding its business operations and prospects during the class period from July 30, 2024, to February 5, 2025 [1][2]. Group 1: Allegations Against Skyworks - The lawsuit claims that Skyworks failed to disclose that its relationship with Apple, its largest customer, did not guarantee continued business for the anticipated iPhone launch [2]. - It is alleged that Skyworks oversold its position and ability to capitalize on AI in the smartphone upgrade cycle [2]. - The positive statements made by Skyworks regarding its business operations and prospects were deemed materially misleading and lacked a reasonable basis throughout the class period [2]. Group 2: Lead Plaintiff Process - Investors in Skyworks have until May 5, 2025, to seek appointment as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP or other counsel [3]. - A lead plaintiff acts on behalf of all class members and is typically the investor or small group of investors with the largest financial interest [3]. - The decision to serve as a lead plaintiff does not affect an investor's ability to share in any recovery from the lawsuit [3]. Group 3: Firm Information - Kessler Topaz Meltzer & Check, LLP has a reputation for prosecuting class actions and has recovered billions for victims of corporate misconduct [4]. - The firm encourages Skyworks investors who have suffered significant losses to contact them for more information [4].
The Gross Law Firm Announces the Filing of a Securities Class Action on Behalf of Skyworks Solutions, Inc. (SWKS) Shareholders
GlobeNewswire News Room· 2025-03-26 15:09
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][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]. - On February 5, 2025, Skyworks announced lower-than-expected revenue guidance for Q2 FY2025, attributing this to an intensified competitive landscape [3]. Stock Price Impact - Following the announcement on February 5, 2025, Skyworks' stock price fell from $87.08 to $65.60 per share, representing 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 [4]. - Registered shareholders will receive updates through a portfolio monitoring software throughout the case [4]. Law Firm's Commitment - The Gross Law Firm aims to protect investors' rights and ensure companies adhere to responsible business practices [5].
SWKS INVESTORS: Kirby McInerney LLP Reminds Skyworks Solutions, Inc. Investors of Important Deadline and Encourages Investors to Contact the Firm
GlobeNewswire News Room· 2025-03-26 00:00
Core Insights - A class action lawsuit has been filed against Skyworks Solutions, Inc. for failing to disclose material information regarding expected revenue during the Class Period from July 30, 2024, to February 5, 2025 [1][4] - Skyworks reported lower than anticipated revenue guidance for Q2 FY2025, attributing this to an intensified competitive landscape, leading to a significant share price decline of approximately 24% [3] Group 1 - The lawsuit is on behalf of investors who acquired Skyworks securities during the specified Class Period [1] - Investors have until May 5, 2025, to apply to be appointed as lead plaintiff in the lawsuit [1] - Skyworks' share price fell from $87.08 to $65.60, a decrease of $21.39, following the announcement of its financial results [3] Group 2 - The complaint alleges that Skyworks failed to disclose material information about its expected revenue for FY2025 [4] - The law firm Kirby McInerney LLP specializes in securities litigation and has achieved recoveries totaling billions of dollars for shareholders [6]
Investors in Skyworks Solutions, Inc. Should Contact Levi & Korsinsky Before May 5, 2025 to Discuss Your Rights - SWKS
Prnewswire· 2025-03-25 21:52
Core Viewpoint - A class action securities lawsuit has been filed against Skyworks Solutions, Inc. due to alleged securities fraud that affected investors between July 30, 2024, 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 confidence in expanding its mobile business and investing in new technologies [2]. - On February 5, 2025, Skyworks reported financial results for Q1 of fiscal year 2025, providing 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 serving as a lead plaintiff [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a history of securing hundreds of millions of dollars for shareholders and has been recognized as one of the top securities litigation firms in the U.S. for seven consecutive years [4].
ROSEN, A LONGSTANDING FIRM, Encourages Skyworks Solutions, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – SWKS
GlobeNewswire News Room· 2025-03-23 14:33
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 on May 5, 2025, for a class action lawsuit [1][2] Group 1: Class Action Details - Investors who bought Skyworks securities between July 30, 2024, and February 5, 2025, may be eligible for 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 May 5, 2025 [2] Group 2: Law Firm 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, including over $438 million in 2019 alone [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 growth potential, particularly concerning its relationship with Apple [4] - It is claimed that the defendants oversold Skyworks' ability to capitalize on AI in the smartphone upgrade cycle while concealing adverse facts about its client base [4]
SWKS INVESTOR NOTICE: Skyworks Solutions, Inc. Investors with Substantial Losses Have Opportunity to Lead Investor Class Action Lawsuit
Prnewswire· 2025-03-22 14:30
Core Viewpoint - A class action lawsuit has been filed against Skyworks Solutions, Inc. for alleged violations of the Securities Exchange Act of 1934, with a focus on misleading statements regarding the company's revenue outlook and growth potential during the specified class period [1][3]. Group 1: Allegations and Financial Impact - The lawsuit claims that Skyworks executives misrepresented the company's revenue outlook and growth potential, downplaying risks associated with smartphone upgrade cycles and macroeconomic factors [3]. - It is alleged that the optimistic growth reports were overly reliant on a partnership with a major customer and the launch of that customer's new phone, which did not materialize as expected [3]. - Following the announcement of lower-than-expected financial results and revenue guidance on February 5, 2025, Skyworks' stock price dropped by more than 24% [4]. Group 2: Legal Process and Representation - Investors who purchased Skyworks securities during the class period can seek to be appointed as lead plaintiff in the lawsuit, representing the interests of the class [5]. - The lead plaintiff is typically the investor with the greatest financial interest in the case and can select a law firm to represent the class [5]. Group 3: About the Law Firm - Robbins Geller Rudman & Dowd LLP is a prominent law firm specializing in securities fraud cases, having secured over $6.6 billion for investors in class action cases [6]. - The firm has been recognized for its success in obtaining significant recoveries for investors, including the largest securities class action recovery in history [6].