Core Viewpoint - A securities class action lawsuit has been filed against Synopsys, Inc. for allegedly making false or misleading statements regarding its business performance and the impact of its focus on artificial intelligence customers [1][2]. Group 1: Lawsuit Details - The lawsuit was filed in the United States District Court for the Northern District of California on behalf of individuals or entities that purchased Synopsys securities between December 4, 2024, and September 9, 2025 [1]. - The complaint claims that the company's increased focus on artificial intelligence customers was negatively affecting the economics of its Design IP business [2]. Group 2: Allegations Against Defendants - It is alleged that the defendants failed to disclose that certain road map and resource decisions were unlikely to yield intended results, which had a material negative impact on financial results [2]. - The positive statements made by the defendants regarding the company's business operations and prospects were claimed to be materially misleading and lacked a reasonable basis [2]. Group 3: Investor Information - Investors who acquired shares of Synopsys are encouraged to contact the law firm before the lead plaintiff motion deadline of December 30, 2025 [3].
Gainey McKenna & Egleston Announces A Class Action Lawsuit Has Been Filed Against Synopsys, Inc. (SNPS)