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

Core Viewpoint - Semtech Corporation is under investigation for potential securities law violations following a significant drop in its stock price, attributed to a disappointing sales forecast for its CopperEdge products [1][2]. Group 1: Company Performance - Semtech's shares fell by as much as 33% after the company announced that net sales for its CopperEdge products are expected to be below the previously estimated floor of $50 million for fiscal year 2026 [2]. - The decline in sales is linked to changes in server rack architecture due to negative feedback from a key customer, contrasting with earlier positive sales growth projections made during the Q3 2024 earnings call [2]. Group 2: Legal Investigation - Block & Leviton is investigating Semtech for potential securities law violations and may file an action to recover losses for investors [4]. - Investors who have lost money on their Semtech investments are encouraged to contact Block & Leviton for more information on recovery options [5]. Group 3: Investor Eligibility - Any individual who purchased Semtech common stock and experienced a decline in share value may be eligible to participate in the investigation, regardless of whether they have sold their shares [3]. Group 4: Whistleblower Information - Individuals with non-public information about Semtech are encouraged to assist in the investigation or report to the SEC under the whistleblower program, with potential rewards of up to 30% of any successful recovery [6]. Group 5: Firm Reputation - Block & Leviton is recognized as a leading securities class action firm, having recovered billions for defrauded investors and representing many top institutional investors [7].