April 22, 2025 Deadline: Contact The Gross Law Firm to Join Class Action Suit Against SMTC

Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Semtech Corporation regarding a class action lawsuit alleging misleading statements and omissions related to the company's CopperEdge products [1][2]. Allegations - The complaint claims that during the class period from August 27, 2024, to February 7, 2025, Semtech's CopperEdge products did not meet customer needs, necessitating changes in rack architecture [1]. - As a result of these issues, sales of CopperEdge products are expected to be lower than anticipated, impacting the company's fiscal 2026 sales projections [1]. - The lawsuit asserts that the defendants made positive statements about the company's business and prospects that were materially misleading and lacked a reasonable basis [1]. Next Steps for Shareholders - Shareholders who purchased shares of Semtech during the specified class period are encouraged to register for the class action by April 22, 2025, to potentially be appointed as lead plaintiff [2]. - Registered shareholders will receive updates through a portfolio monitoring software throughout the case lifecycle [2]. About the Law Firm - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit and fraud [3]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements or omissions [3].