Core Viewpoint - Rosen Law Firm is reminding investors who purchased Semtech Corporation securities during the specified Class Period of the upcoming lead plaintiff deadline for a class action lawsuit [1][2]. Group 1: Class Action Details - The class action lawsuit against Semtech Corporation has been filed, and investors who purchased securities between August 27, 2024, and February 7, 2025, may be entitled to compensation without any out-of-pocket fees [1][2]. - Investors wishing to serve as lead plaintiff must file a motion with the Court by April 22, 2025 [2]. Group 2: Allegations Against Semtech - The lawsuit alleges that Semtech made false and misleading statements regarding its CopperEdge products, which did not meet customer needs and required architectural changes [4]. - As a result of these issues, it is claimed that sales of CopperEdge products would not meet expectations for the 2026 fiscal year, leading to lower-than-expected sales [4]. - The lawsuit asserts that the positive statements made by Semtech about its business and prospects were materially misleading [4]. Group 3: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including the largest against a Chinese company at the time [3]. - The firm has been consistently ranked among the top firms for securities class action settlements and has recovered hundreds of millions of dollars for investors [3]. - In 2019, the firm secured over $438 million for investors, showcasing its effectiveness in litigation [3].
SMTC IMPORTANT DEADLINE: ROSEN, NATIONALLY REGARDED INVESTOR COUNSEL, Encourages Semtech Corporation Investors to Secure Counsel Before Important April 22 Deadline in Securities Class Action – SMTC