Core Viewpoint - A securities class action lawsuit has been filed against Skyworks Solutions, Inc. for allegedly making false and misleading statements regarding its business operations and prospects during the class period from July 30, 2024, to February 5, 2025 [1] Group 1: Allegations Against Skyworks - The complaint claims that Skyworks failed to disclose that its relationship with Apple, its largest customer, did not ensure continued business for the anticipated iPhone launch [3] - It is alleged that Skyworks oversold its ability to capitalize on AI in the smartphone upgrade cycle [3] - The positive statements made by Skyworks regarding its business and operations were deemed materially misleading and lacked a reasonable basis [3] Group 2: Legal Process for Investors - Investors in Skyworks have until May 5, 2025, to seek appointment as lead plaintiff in the class action lawsuit [4] - A lead plaintiff represents the interests of all class members and typically is the investor or group of investors with the largest financial stake [4] - The decision to serve as a lead plaintiff does not affect an investor's ability to share in any recovery from the lawsuit [4] Group 3: Law Firm Information - Kessler Topaz Meltzer & Check, LLP is handling the class action and has a reputation for prosecuting class actions and recovering significant amounts for victims of corporate misconduct [5] - The firm encourages affected investors to contact them for more information regarding the lawsuit [5]
Lead Plaintiff Deadline Approaching: Kessler Topaz Meltzer & Check, LLP Announces Deadline in Securities Fraud Class Action Lawsuit Filed Against Skyworks Solutions, Inc.