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Kuehn Law Encourages Investors of Semtech Corporation to Contact Law Firm
SemtechSemtech(US:SMTC) Prnewswireยท2025-10-10 17:18

Core Viewpoint - Kuehn Law, PLLC is investigating potential breaches of fiduciary duties by certain officers and directors of Semtech Corporation, related to misrepresentations regarding the company's CopperEdge products [1] Group 1: Allegations Against Semtech - Semtech insiders allegedly caused the company to misrepresent or fail to disclose that its CopperEdge products did not meet the needs of its server rack customers or end users [1] - The CopperEdge products required specific rack architecture changes, which were not disclosed [1] - Due to the aforementioned issues, sales of CopperEdge products are expected to be lower than anticipated, and the sales ramp-up during fiscal 2026 will not occur as previously stated [1] - Positive statements regarding the company's business, operations, and prospects were materially misleading and lacked a reasonable basis [1]