Synopsys(US:SNPS) Prnewswire·2025-11-21 13:45Core Viewpoint - A class action securities lawsuit has been filed against Synopsys, Inc. alleging securities fraud that negatively impacted investors between December 4, 2024, and September 9, 2025 [1][2]. Group 1: Allegations of the Lawsuit - The lawsuit claims that the defendants made false statements and concealed information regarding the negative impact of the Company's focus on artificial intelligence customers on its Design IP business [2]. - It is alleged that certain decisions regarding the Company's roadmap and resources were unlikely to achieve their intended results, leading to a material negative impact on financial results [2]. - The lawsuit asserts that the defendants' positive statements about the Company's business and prospects were materially misleading and lacked a reasonable basis [2]. Group 2: Next Steps for Investors - Investors who suffered losses in Synopsys, Inc. during the specified timeframe have until December 30, 2025, to request to be appointed as lead plaintiff [3]. - Participation in the lawsuit does not require serving as a lead plaintiff, and class members may be entitled to compensation without any out-of-pocket costs [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a history of securing hundreds of millions of dollars for shareholders and has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [4].