SWKS Investors Have Opportunity to Lead Skyworks Securities Fraud Lawsuit with Faruqi & Faruqi, LLP

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Skyworks Solutions, Inc. due to significant losses suffered by investors following misleading statements about the company's financial health and client relationships [2][4]. Group 1: Company Overview - Skyworks Solutions, Inc. (NASDAQ: SWKS) is facing a federal securities class action lawsuit, with a deadline for investors to seek lead plaintiff status by May 5, 2025 [2]. - The firm Faruqi & Faruqi has a history of recovering hundreds of millions of dollars for investors since its establishment in 1995 [3]. Group 2: Allegations and Financial Impact - The complaint alleges that Skyworks provided materially false and misleading information regarding its expected revenue for fiscal year 2025, particularly concerning its relationship with Apple and its ability to leverage AI in the smartphone market [4]. - Following the announcement of lower-than-expected financial results for Q1 fiscal year 2025 and a disappointing revenue forecast for Q2, Skyworks' stock price plummeted from $87.08 to$65.60, a decline of over 24% in one day [5].