INVESTOR REMINDER: Berger Montague Notifies Semtech Corporation (NASDAQ: SMTC) Investors of a Class Action Lawsuit and Deadline

Core Points - A securities class action lawsuit has been filed against Semtech Corporation for the period between August 27, 2024, and February 7, 2025 [1] - Investors who purchased Semtech securities during the class period have until April 22, 2025, to seek appointment as lead plaintiff [2] - Semtech's CopperEdge sales are expected to be lower than the previously estimated floor case of $50 million due to changes in rack architecture [3] - Following the announcement regarding CopperEdge sales, Semtech's stock price dropped by$16.91, or 31%, closing at $37.60 per share on February 10, 2025 [3] Company Overview - Semtech Corporation is headquartered in Camarillo, California, and operates in the semiconductor, digital systems, and cloud connectivity sectors [2] - The company's product portfolio includes CopperEdge products, which are utilized in active copper cables [2] Legal Context - The lead plaintiff in a class action lawsuit represents all class members and is typically the investor or group of investors with the largest financial interest [4] - Berger Montague, the firm advising investors, has a long history in securities class action litigation and has represented investors for over five decades [5]