Skyworks(SWKS) Prnewswire·2025-04-05 22:09Core Viewpoint - A securities class action lawsuit has been filed against Skyworks Solutions, Inc. for allegedly making materially false and misleading statements during the class period from July 30, 2024, to February 5, 2025 [1][2]. Allegations Against Defendants - The complaint claims that Skyworks failed to disclose critical information regarding its business relationship with Apple, its largest customer, which did not guarantee continued business for the anticipated iPhone launch [2]. - It is alleged that Skyworks oversold its position and ability to leverage AI in the smartphone upgrade cycle, leading to misleading positive statements about the company's operations and prospects [2]. Lead Plaintiff Process - Investors in Skyworks have until May 5, 2025, to seek appointment as a lead plaintiff, representing the class in the litigation [3]. - The lead plaintiff is typically the investor or group of investors with the largest financial interest and who are representative of the class [3]. Firm Background - Kessler Topaz Meltzer & Check, LLP has a reputation for prosecuting class actions and has recovered billions for victims of corporate misconduct [4].