Skyworks(US:SWKS) Prnewswireยท2025-04-10 21:16Core Viewpoint - A securities class action lawsuit has been filed against Skyworks Solutions, Inc. for allegedly making materially false and misleading statements regarding its business operations and prospects 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, including the uncertainty of its relationship with Apple, its largest customer, regarding future business [2]. - It is alleged that Skyworks oversold its ability to leverage AI in the smartphone upgrade cycle, leading to misleading positive statements about its business [2]. - The defendants' statements were deemed materially misleading and lacked a reasonable basis throughout the class period [2]. Lead Plaintiff Process - Investors in Skyworks have until May 5, 2025, to seek appointment as lead plaintiff, representing the class in the lawsuit [3]. - The lead plaintiff is typically the investor or group of investors with the largest financial interest in the case [3]. - Participation as a lead plaintiff does not affect the ability to share in any recovery from the lawsuit [3]. Firm Background - Kessler Topaz Meltzer & Check, LLP is known for prosecuting class actions and has a reputation for recovering billions for victims of corporate misconduct [4]. - The firm encourages affected Skyworks investors to contact them for more information regarding the lawsuit [4].