Synopsys(US:SNPS) Globenewswire·2025-11-25 21:13Core 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 Fraud - The lawsuit claims that the defendants made false statements regarding the impact of the Company's increased focus on artificial intelligence customers, which was deteriorating the economics of its Design IP business [2]. - 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 [2]. - The positive statements made by the defendants about the Company's business, operations, and prospects were materially misleading and lacked a reasonable basis [2]. Group 2: Legal Process and Participation - Investors who suffered losses during the specified time frame have until December 30, 2025, to request to be appointed as lead plaintiff [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees, and participation does not require serving as a lead plaintiff [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions of dollars for shareholders over the past 20 years [4]. - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as one of the top securities litigation firms in the United States [4].