Group 1 - Semtech Corporation's shares fell by as much as 33% after the company announced that net sales of its CopperEdge products are expected to fall below the prior estimate of $50 million for fiscal year 2026 due to changes in server rack architecture based on poor feedback from a key customer [2] - This announcement contrasts with positive projections made during the Q3 2024 earnings call in November, where management had anticipated strong sales growth [2] - Block & Leviton is investigating potential securities law violations by Semtech Corporation and is reaching out to investors who may have lost money [1][4] Group 2 - Investors who purchased Semtech Corporation common stock and experienced a decline in share value may be eligible to recover losses, regardless of whether they sold their investment [3] - Block & Leviton is recognized as a leading securities class action firm, having recovered billions for defrauded investors and actively litigating in federal courts [7]
SMTC INVESTIGATION: Semtech Corporation Investors Who Have Lost Money Should Contact Block & Leviton to Find Out How They Might Recover Money Through The Firm's Investigation