Skyworks(US:SWKS) Newsfilterยท2025-04-09 15:20Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Skyworks Solutions, Inc. due to misleading statements regarding the company's financial performance and client relationships, particularly with Apple, leading to significant investor losses [4][6]. Group 1: Legal Investigation - The law firm is encouraging investors who suffered losses in Skyworks between July 30, 2024, and February 5, 2025, to discuss their legal options [1]. - A federal securities class action has been filed against Skyworks, with a deadline of May 5, 2025, for investors to seek the role of lead plaintiff [4][8]. Group 2: Financial Performance and Misleading Statements - The complaint alleges that Skyworks provided overly optimistic revenue expectations for fiscal year 2025 while concealing adverse facts about its client base and the sustainability of its relationship with Apple [6]. - On February 5, 2025, Skyworks reported lower-than-expected financial results and guidance, attributing this to an intensified competitive landscape, resulting in a stock price drop of over 24% from $87.08 to $65.60 in one day [7].