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SEMTECH ALERT: Bragar Eagel & Squire, P.C. is Investigating Semtech Corporation on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm
SemtechSemtech(US:SMTC) GlobeNewswire News Roomยท2025-08-14 00:16

Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against Semtech Corporation due to a class action complaint alleging breaches of fiduciary duties by the board of directors [1][2] Group 1: Class Action Complaint Details - The class action complaint was filed on February 20, 2025, covering a Class Period from August 27, 2024, to February 7, 2025 [1] - Allegations include that Semtech's management made materially false and misleading statements and failed to disclose adverse facts about the company's business and operations [2] - Specific failures include the inadequacy of CopperEdge products for server rack customers, necessary architectural changes, and lower-than-expected sales projections for fiscal 2026 [2] Group 2: Company Information and Contact - Bragar Eagel & Squire, P.C. is a nationally recognized law firm representing investors in complex litigation [4] - Long-term stockholders of Semtech are encouraged to contact the firm for more information regarding their rights and the ongoing investigation [3][6]