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SNPS DEADLINE: Faruqi & Faruqi Reminds Synopsys Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of December 30, 2025 - SNPS
SynopsysSynopsys(US:SNPS) Prnewswireยท2025-11-14 15:39

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Synopsys, Inc. due to allegations of violations of federal securities laws related to misleading statements and undisclosed issues affecting the company's financial performance [3][4]. Financial Performance - Synopsys reported third quarter 2025 revenue of $1.740 billion, which was below the guidance range of $1.755 billion to $1.785 billion [4]. - The net income for the quarter was $242.5 million, representing a 43% decline from $425.9 million in the same quarter of 2024 [4]. - The Design IP segment accounted for approximately 25% of total revenue, generating $426.6 million, a 7.7% year-over-year decline [4]. - Management's guidance indicated a full-year decline of at least 5% in Design IP revenues for fiscal 2025 [4]. Stock Market Reaction - Following the release of disappointing financial results, Synopsys's stock price fell by $216.59, or 35.8%, closing at $387.78 per share on September 10, 2025, with unusually high trading volume [5]. Legal Proceedings - A federal securities class action has been filed against Synopsys, with a deadline of December 30, 2025, for investors to seek the role of lead plaintiff [1][3]. - The lead plaintiff is defined as the investor with the largest financial interest who is adequate and typical of class members [6]. Company Background - Faruqi & Faruqi, LLP is a national securities law firm that has recovered hundreds of millions of dollars for investors since its establishment in 1995 [2].