Core Viewpoint - A class action lawsuit has been filed against Synopsys, Inc. for securities fraud, following a significant stock drop attributed to potential violations of federal securities laws [2][4]. Group 1: Lawsuit Details - The lawsuit is pending in the U.S. District Court for the Northern District of California, under the case caption Kim v. Synopsys, Inc., et al., No. 3:25-cv-09410 [4]. - Investors have until December 30, 2025, to request to be appointed to lead the case [4]. Group 2: Company Performance - Synopsys provides design automation software products, with its Design IP segment being the fastest-growing, increasing from 25% of revenue in 2022 to 31% in 2024 [5]. - The company reported Q3 2025 results showing a revenue decline in its Design IP segment to $425.9 million, a 7.7% decrease year-over-year, and a net income drop to $242.5 million, a 43% year-over-year decline [7]. Group 3: Market Reaction - Following the release of disappointing financial results, Synopsys stock fell nearly 36%, from $604.37 per share on September 9, 2025, to $387.78 per share on September 10, 2025 [7].
SNPS LAWSUIT: BFA Law Reminds Synopsys, Inc. Investors the Company has been Sued for Securities Fraud and to Contact BFA Law by December 30 Deadline