Skyworks(SWKS) GlobeNewswire News Room·2025-05-04 13:00Core Viewpoint - Rosen Law Firm is reminding investors who purchased securities of Skyworks Solutions, Inc. 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 Period for the Skyworks securities is from July 30, 2024, to February 5, 2025, inclusive [1]. - Investors may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1]. - A class action lawsuit has already been filed, and interested parties must move the Court by May 5, 2025, to serve as lead plaintiff [2]. Group 2: Law Firm Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest securities class action settlement against a Chinese company at the time [3]. - The firm was ranked No. 1 by ISS Securities Class Action Services for the number of securities class action settlements in 2017 and has consistently ranked in the top 4 since 2013 [3]. - In 2019, the firm secured over $438 million for investors, showcasing its capability in recovering significant amounts for clients [3]. Group 3: Case Allegations - The lawsuit alleges that during the Class Period, Skyworks' management provided misleading information regarding the company's expected revenue and growth potential, particularly in relation to its mobile business and technology investments [4]. - It is claimed that the management oversold the company's relationship with Apple, its largest customer, and its ability to leverage AI in the smartphone upgrade cycle [4]. - The lawsuit asserts that when the true state of affairs became known, investors suffered damages due to the misleading statements made by the defendants [4].