Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Semtech Corporation due to allegations of misleading statements regarding its CopperEdge products, which have led to significant financial losses for investors [2][4]. Group 1: Legal Investigation and Class Action - Faruqi & Faruqi is encouraging investors who suffered losses exceeding $75,000 in Semtech between August 27, 2024, and February 7, 2025, to discuss their legal options [1]. - A federal securities class action has been filed against Semtech, with a deadline of April 22, 2025, for investors to seek the role of lead plaintiff [2][6]. - The firm has a history of recovering hundreds of millions of dollars for investors since its founding in 1995 [3]. Group 2: Allegations Against Semtech - The complaint alleges that Semtech and its executives violated federal securities laws by making false or misleading statements about the CopperEdge products [4]. - Specific allegations include that the CopperEdge products did not meet customer needs, required architectural changes, and would not achieve expected sales growth during fiscal 2026 [4]. - Following the announcement on February 7, 2025, that CopperEdge sales would be lower than previously estimated, Semtech's stock price fell by $16.91, or 31%, closing at $37.60 per share on February 10, 2025 [5]. Group 3: Investor Communication - Faruqi & Faruqi is also seeking information from whistleblowers, former employees, and shareholders regarding Semtech's conduct [7]. - Investors can learn more about the class action and their rights by contacting the firm directly [7].

Core Viewpoint - Securities class action lawsuits have been filed against Semtech Corporation for allegedly making materially false and misleading statements regarding its business operations and product performance during the specified Class Period [1][2]. Group 1: Allegations Against Semtech - The complaint claims that Semtech's CopperEdge products did not meet customer needs, requiring changes in rack architecture [2]. - It is alleged that sales of CopperEdge products would not ramp up as expected during fiscal 2026, leading to lower-than-anticipated sales [2]. - Defendants' positive statements about the company's business and prospects were deemed materially misleading and lacked a reasonable basis due to the undisclosed issues [2]. Group 2: Legal Process for Investors - Semtech investors can seek to be appointed as lead plaintiffs by April 22, 2025, or may choose to remain absent class members [3]. - The lead plaintiff represents all class members in directing the litigation and selects counsel to represent the class [3]. - Participation as a lead plaintiff does not affect the ability to share in any recovery from the lawsuit [3]. Group 3: Firm Information - Kessler Topaz Meltzer & Check, LLP has a reputation for prosecuting class actions and has recovered billions for victims of corporate misconduct [4]. - The firm encourages affected Semtech investors to contact them for more information regarding the case [4].

Core Viewpoint - Securities class action lawsuits have been filed against Semtech Corporation for allegedly making materially false and misleading statements regarding its business operations and product performance during the specified class period [1][3]. Group 1: Allegations Against Semtech - The complaint claims that Semtech's CopperEdge products did not meet customer needs, requiring changes in rack architecture [3]. - It is alleged that sales of CopperEdge products would not increase as expected during fiscal 2026, leading to lower-than-anticipated sales [3]. - The positive statements made by Semtech regarding its business and prospects are claimed to be materially misleading and lacking a reasonable basis [3]. Group 2: Legal Process and Participation - Investors in Semtech have until April 22, 2025, to seek appointment as lead plaintiff representatives in the class action [4]. - A lead plaintiff acts on behalf of all class members and is typically the investor or group of investors with the largest financial interest [4]. - Participation as a lead plaintiff does not affect the ability of other investors to share in any recovery from the lawsuit [4].

Core Viewpoint - A class action securities lawsuit has been filed against Semtech Corporation, alleging securities fraud that negatively impacted investors between August 27, 2024, and February 7, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit claims that Semtech's CopperEdge products failed to meet the needs of its server rack customers, necessitating changes in rack architecture [2]. - Due to these issues, the sales of CopperEdge products are expected to be lower than anticipated, which contradicts previous positive statements made by the company regarding its business and prospects [2]. Group 2: Investor Information - Investors who suffered losses during the specified timeframe have until April 22, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require this role [3]. - Class members may be entitled to compensation without incurring any out-of-pocket costs or fees [3]. Group 3: Legal 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 as one of the top securities litigation firms in the United States for seven consecutive years [4].

SAN DIEGO, April 03, 2025 (GLOBE NEWSWIRE) -- Robbins LLP reminds stockholders that a class action was filed on behalf of persons or entities that purchased or otherwise acquired Semtech Corporation (NASDAQ: SMTC) securities between August 27, 2024 and February 27, 2025. Semtech is a semiconductor, digital systems, and cloud connectivity service provider. For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003. The Allegations: Robbins LLP is Investigating A ...

NEW YORK, April 03, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Semtech Corporation (NASDAQ: SMTC). Shareholders who purchased shares of SMTC during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/semtech-corporation-loss-submission-form/?id=140428&from=3  CLASS PERIOD: Aug ...

Core Viewpoint - Semtech (SMTC) has experienced a significant decline in its stock price, dropping 47.3% over the past three months, which is worse than the performance of the Zacks Semiconductor - Analog and Mixed industry, the Zacks Computer and Technology sector, and the S&P 500 index [1][3]. Group 1: Business Challenges - The underperformance of Semtech is primarily attributed to challenges in its CopperEdge business, which provides signal integrity solutions embedded in active copper cables used in server racks [3]. - A major customer of Semtech's CopperEdge solutions is undergoing architectural changes in its server racks, leading to a projected sales drop below $50 million for fiscal 2026 [4]. - Following the sales disclosure, multiple lawsuits were filed against Semtech, raising concerns about potential violations of security laws and further diminishing investor confidence [5]. Group 2: Innovations and Opportunities - Semtech has launched the 1.6T Octal Small Form-factor Pluggable (OSFP) Active Copper Cable to tackle thermal challenges, high costs, and improve transmission speed for AI and machine learning workloads [6]. - This new interconnect solution, developed in collaboration with Amphenol, reportedly consumes 90% less power than digital signal processing alternatives while ensuring low latency [7]. - The introduction of the OSFP Active Copper Cable is expected to aid in the recovery of Semtech's CopperEdge business, alongside strong demand for its LoRa technology and LoRaWAN standards among industrial customers [8]. Group 3: Financial Outlook - The Zacks Consensus Estimate projects Semtech's revenues to grow by 15.9% for fiscal 2026 and 10.6% for fiscal 2027, with EPS expected to increase by 96.6% for fiscal 2026 and 27.4% for fiscal 2027 [9]. Group 4: Strategic Partnerships - Semtech has co-founded the LoRa Alliance to promote the standardization of LoRaWAN technology, collaborating with partners like Netmore, MultiTech, and Acklio [10]. - The company is also working with major players such as Amazon Web Services to integrate LoRaWAN into its IoT Core, enhancing Semtech's market position [11][12]. - These partnerships are expected to diversify Semtech's opportunities, particularly in the private cellular networks market for enterprises [12]. Group 5: Conclusion - Semtech is addressing its CopperEdge business challenges with innovative solutions, and the demand for its LoRaWAN products is likely to support stock recovery in the future [13].

Core Viewpoint - Securities class action lawsuits have been filed against Semtech Corporation for allegedly making materially false and misleading statements regarding its business operations and product performance during the specified class period [1][3]. Group 1: Allegations Against Semtech - The complaint claims that Semtech's CopperEdge products did not meet customer needs, requiring changes in rack architecture [3]. - It is alleged that sales of CopperEdge products would not ramp up as expected during fiscal 2026, leading to lower-than-anticipated sales [3]. - The positive statements made by Semtech regarding its business and prospects are claimed to be materially misleading and lacking a reasonable basis due to the undisclosed issues [3]. Group 2: Legal Process and Participation - Investors in Semtech have until April 22, 2025, to seek appointment as lead plaintiff representatives in the class action [4]. - A lead plaintiff is typically the investor or group of investors with the largest financial interest and is responsible for directing the litigation [4]. - Investors can choose to participate actively or remain absent as class members without affecting their ability to share in any recovery [4].

Core Viewpoint - A class action securities lawsuit has been filed against Semtech Corporation, alleging securities fraud that affected investors between August 27, 2024, and February 7, 2025 [1][2]. Group 1: Allegations of Fraud - The lawsuit claims that Semtech's CopperEdge products did not meet the requirements of its server rack customers or end users [2]. - It is alleged that the CopperEdge products necessitated changes in rack architecture, which would hinder sales growth during fiscal 2026 [2]. - The complaint states that due to these issues, sales of CopperEdge products would be lower than expected, and the company's positive statements regarding its business and prospects were misleading [2]. Group 2: Legal Process and Participation - Investors who suffered losses during the specified timeframe have until April 22, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require this role [3]. - Class members may be entitled to compensation without incurring any out-of-pocket costs or fees [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a history of securing significant settlements for shareholders and is recognized as one of the top securities litigation firms in the United States [4].

Core Viewpoint - Securities class action lawsuits have been filed against Semtech Corporation for allegedly making materially false and misleading statements regarding its business operations and product performance during the specified Class Period from August 27, 2024, to February 7, 2025 [1][2]. Group 1: Allegations Against Semtech - The complaint claims that Semtech's CopperEdge products did not meet the needs of its server rack customers or end users [2]. - It is alleged that the CopperEdge products required changes in rack architecture, which were not disclosed to investors [2]. - As a result of these issues, Semtech's sales of CopperEdge products are expected to be lower than anticipated, contradicting previous positive statements made by the company [2]. Group 2: Legal Process for Investors - Semtech investors have until April 22, 2025, to seek appointment as a lead plaintiff representative in the class action [3]. - A lead plaintiff is typically the investor or small group of investors with the largest financial interest in the case [3]. - Investors can choose to participate actively or remain as absent class members without affecting their ability to share in any recovery [3]. Group 3: Firm Background - Kessler Topaz Meltzer & Check, LLP is known for prosecuting class actions and has a reputation for recovering billions for victims of corporate misconduct [4]. - The firm encourages affected Semtech investors to contact them for more information regarding the lawsuits [4].