Synopsys(US:SNPS) Newsfileยท2025-11-07 21:55Core Viewpoint - Rosen Law Firm has announced a class action lawsuit on behalf of purchasers and acquirers of Synopsys, Inc. securities for the period between December 4, 2024, and September 9, 2025, due to alleged misleading statements and failure to disclose material adverse facts about the company's business and operations [1][5]. Group 1: Lawsuit Details - The class action lawsuit claims that Synopsys made materially false and misleading statements regarding its business focus on artificial intelligence customers, which negatively impacted its Design IP business economics [5]. - Defendants allegedly failed to disclose that certain decisions were unlikely to yield intended results, leading to a material negative impact on financial results [5]. - The lawsuit asserts that when the true details became known, investors suffered damages due to the misleading nature of the defendants' positive statements about Synopsys [5]. Group 2: Participation Information - Investors who purchased Synopsys securities during the class period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - To join the class action, interested parties can visit the provided link or contact the law firm directly for more information [3][6]. - A lead plaintiff must move the Court by December 30, 2025, to represent other class members in the litigation [1][3]. Group 3: Law Firm Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including the largest ever against a Chinese company [4]. - 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 [4]. - In 2019, the firm secured over $438 million for investors, showcasing its capability and experience in handling such cases [4].