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SNPS DEADLINE: Synopsys, Inc. Investors with Losses are Notified to Contact BFA Law before December 30 Securities Class Action Deadline
SynopsysSynopsys(US:SNPS) Newsfileยท2025-11-08 11:07

Core Viewpoint - A class action lawsuit has been filed against Synopsys, Inc. for securities fraud following a significant stock drop attributed to potential violations of federal securities laws [1][3]. Group 1: Lawsuit Details - Investors have until December 30, 2025, to request to lead the case in the U.S. District Court for the Northern District of California [3]. - The lawsuit claims violations under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 [3]. Group 2: Company Performance - Synopsys provides design automation software, with its Design IP segment growing from 25% of revenue in 2022 to 31% in 2024 [4]. - The company reported Q3 2025 results showing a 7.7% year-over-year decline in Design IP revenue to $425.9 million and a 43% year-over-year decline in net income to $242.5 million [6]. Group 3: Market Reaction - Following the Q3 2025 results, Synopsys stock fell nearly 36%, from $604.37 per share to $387.78 per share [6]. - The decline was attributed to customers requiring more customization for IP components, impacting the business model and economics of the Design IP segment [5][6].