Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Synopsys, Inc. regarding a class action lawsuit due to allegations of misleading statements and omissions related to the company's focus on artificial intelligence customers and its impact on financial results [1]. Summary by Sections Allegations - The complaint alleges that during the class period from December 4, 2024, to September 9, 2025, Synopsys, Inc. made materially false and misleading statements and failed to disclose critical information, including: - The increased focus on artificial intelligence customers was negatively affecting the economics of its Design IP business [1]. - Certain roadmap and resource decisions were unlikely to yield intended results [1]. - These issues had a material negative impact on the company's financial results [1]. - Positive statements made by the defendants regarding the company's business and prospects were materially misleading and lacked a reasonable basis [1]. Next Steps for Shareholders - Shareholders who purchased shares of Synopsys, Inc. during the specified timeframe are encouraged to register for the class action by December 30, 2025, to potentially become lead plaintiffs [2]. - Registered shareholders will be enrolled in a portfolio monitoring software to receive updates throughout the case lifecycle [2]. Firm's Commitment - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit, fraud, and illegal business practices [3]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements or omissions that inflated stock prices [3].
The Gross Law Firm Announces the Filing of a Securities Class Action on Behalf of Synopsys, Inc.(SNPS) Shareholders