INVESTOR ALERT: Shareholder Class Action Lawsuit Filed Against Semtech Corporation (NASDAQ: SMTC); DiCello Levitt LLP Encourages Investors with Losses to Discuss Their Options with Counsel

Core Viewpoint - A class action lawsuit has been filed against Semtech Corporation and certain senior executives for alleged violations of federal securities laws during the class period from August 27, 2024, to February 7, 2025 [1][5]. Group 1: Lawsuit Details - The lawsuit claims that Semtech and its executives made materially false and misleading statements regarding the company's business and operations, particularly concerning the performance of its CopperEdge products [5]. - The lawsuit alleges that the defendants failed to disclose critical information, including that the CopperEdge products did not meet customer needs, required redesigns, and that sales would not ramp up as previously expected [5]. - Following the disclosure of these issues on February 7, 2025, Semtech's stock price fell by $16.91, or 31$37.60 per share [6]. Group 2: Company Background - Semtech Corporation is a semiconductor, digital systems, and cloud connectivity service provider, designing and marketing products for commercial applications, including integrated circuits and modules [4].