Synopsys(US:SNPS) Prnewswire·2025-11-10 13:45Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Synopsys, Inc. regarding a class action lawsuit alleging that the company made materially false and misleading statements during a specified class period, which negatively impacted its financial results [1]. Group 1: Allegations - The lawsuit claims that Synopsys' increased focus on artificial intelligence customers, which require additional customization, was harming the economics of its Design IP business [1]. - It is alleged that certain road map and resource decisions were unlikely to yield their intended results, leading to a material negative impact on financial results [1]. - The positive statements made by the defendants about the company's business, operations, and prospects were claimed to be materially misleading and lacked a reasonable basis [1]. Group 2: Class Action Details - The class period for the lawsuit is defined as December 4, 2024, to September 9, 2025 [1]. - Shareholders are encouraged to register for the class action by December 30, 2025, to potentially be appointed as lead plaintiffs [2]. - There is no cost or obligation for shareholders to participate in the case, and they will receive status updates through portfolio monitoring software [2]. Group 3: Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting the rights of investors who have suffered due to deceit, fraud, and illegal business practices [3]. - The firm aims to ensure that companies adhere to responsible business practices and seeks recovery for investors who incurred losses from misleading statements or omissions that inflated stock prices [3].