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SWKS INVESTORS: Kirby McInerney LLP Reminds Skyworks Solutions, Inc. Investors of Important Deadline and Encourages Investors to Contact the Firm
GlobeNewswire News Room· 2025-03-26 00:00
Core Insights - A class action lawsuit has been filed against Skyworks Solutions, Inc. for failing to disclose material information regarding expected revenue during the Class Period from July 30, 2024, to February 5, 2025 [1][4] - Skyworks reported lower than anticipated revenue guidance for Q2 FY2025, attributing this to an intensified competitive landscape, leading to a significant share price decline of approximately 24% [3] Group 1 - The lawsuit is on behalf of investors who acquired Skyworks securities during the specified Class Period [1] - Investors have until May 5, 2025, to apply to be appointed as lead plaintiff in the lawsuit [1] - Skyworks' share price fell from $87.08 to $65.60, a decrease of $21.39, following the announcement of its financial results [3] Group 2 - The complaint alleges that Skyworks failed to disclose material information about its expected revenue for FY2025 [4] - The law firm Kirby McInerney LLP specializes in securities litigation and has achieved recoveries totaling billions of dollars for shareholders [6]
Investors in Skyworks Solutions, Inc. Should Contact Levi & Korsinsky Before May 5, 2025 to Discuss Your Rights - SWKS
Prnewswire· 2025-03-25 21:52
Core Viewpoint - A class action securities lawsuit has been filed against Skyworks Solutions, Inc. due to alleged securities fraud that affected investors between July 30, 2024, and February 5, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit aims to recover losses for investors who were misled by the company's statements regarding expected revenue for fiscal year 2025, including claims of confidence in expanding its mobile business and investing in new technologies [2]. - On February 5, 2025, Skyworks reported financial results for Q1 of fiscal year 2025, providing lower-than-expected revenue guidance for Q2, attributing this to an intensified competitive landscape [2]. - Following the announcement, Skyworks' stock price plummeted from $87.08 per share to $65.60 per share, marking a decline of over 24% in one day [2]. Group 2: Next Steps for Investors - Investors who suffered losses during the specified timeframe have until May 5, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require serving as a lead plaintiff [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees [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 U.S. for seven consecutive years [4].
ROSEN, A LONGSTANDING FIRM, Encourages Skyworks Solutions, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – SWKS
GlobeNewswire News Room· 2025-03-23 14:33
Core Viewpoint - Rosen Law Firm is reminding investors who purchased securities of Skyworks Solutions, Inc. during the specified Class Period of the upcoming lead plaintiff deadline on May 5, 2025, for a class action lawsuit [1][2] Group 1: Class Action Details - Investors who bought Skyworks securities between July 30, 2024, and February 5, 2025, may be eligible for compensation without any out-of-pocket fees through a contingency fee arrangement [1] - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by May 5, 2025 [2] Group 2: Law Firm Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest settlement against a Chinese company at the time and being ranked No. 1 for securities class action settlements in 2017 [3] - The firm has recovered hundreds of millions of dollars for investors, including over $438 million in 2019 alone [3] Group 3: Case Allegations - The lawsuit alleges that during the Class Period, Skyworks' management provided misleading information regarding the company's expected revenue and growth potential, particularly concerning its relationship with Apple [4] - It is claimed that the defendants oversold Skyworks' ability to capitalize on AI in the smartphone upgrade cycle while concealing adverse facts about its client base [4]
SWKS INVESTOR NOTICE: Skyworks Solutions, Inc. Investors with Substantial Losses Have Opportunity to Lead Investor Class Action Lawsuit
Prnewswire· 2025-03-22 14:30
Core Viewpoint - A class action lawsuit has been filed against Skyworks Solutions, Inc. for alleged violations of the Securities Exchange Act of 1934, with a focus on misleading statements regarding the company's revenue outlook and growth potential during the specified class period [1][3]. Group 1: Allegations and Financial Impact - The lawsuit claims that Skyworks executives misrepresented the company's revenue outlook and growth potential, downplaying risks associated with smartphone upgrade cycles and macroeconomic factors [3]. - It is alleged that the optimistic growth reports were overly reliant on a partnership with a major customer and the launch of that customer's new phone, which did not materialize as expected [3]. - Following the announcement of lower-than-expected financial results and revenue guidance on February 5, 2025, Skyworks' stock price dropped by more than 24% [4]. Group 2: Legal Process and Representation - Investors who purchased Skyworks securities during the class period can seek to be appointed as lead plaintiff in the lawsuit, representing the interests of the class [5]. - The lead plaintiff is typically the investor with the greatest financial interest in the case and can select a law firm to represent the class [5]. Group 3: About the Law Firm - Robbins Geller Rudman & Dowd LLP is a prominent law firm specializing in securities fraud cases, having secured over $6.6 billion for investors in class action cases [6]. - The firm has been recognized for its success in obtaining significant recoveries for investors, including the largest securities class action recovery in history [6].
Faruqi & Faruqi Reminds Skyworks Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of May 5, 2025 - SWKS
Prnewswire· 2025-03-21 13:30
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Skyworks Solutions, Inc. due to significant losses suffered by investors following misleading statements about the company's financial health and client relationships [2][4]. Group 1: Legal Investigation and Class Action - Faruqi & Faruqi is encouraging investors who incurred losses exceeding $75,000 in Skyworks between July 30, 2024, and February 5, 2025, to discuss their legal options [1]. - A federal securities class action has been filed against Skyworks, with a deadline of May 5, 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 establishment in 1995 [3]. Group 2: Financial Performance and Misleading Statements - The complaint alleges that Skyworks provided investors with overly optimistic information regarding its expected revenue for fiscal year 2025 while concealing material adverse facts about its client base, particularly its relationship with Apple [4]. - On February 5, 2025, Skyworks announced lower-than-expected revenue guidance for the second quarter of fiscal year 2025, attributing this to an intensified competitive landscape [5]. - Following the announcement, Skyworks' stock price plummeted from $87.08 per share to $65.60 per share, marking a decline of over 24% in one day [5].
Levi & Korsinsky Announces the Filing of a Securities Class Action on Behalf of Skyworks Solutions, Inc.(SWKS) Shareholders
Prnewswire· 2025-03-21 09:45
Core Viewpoint - A class action securities lawsuit has been filed against Skyworks Solutions, Inc. due to alleged securities fraud that negatively impacted investors between July 30, 2024, and February 5, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit aims to recover losses for investors who were misled by the company's statements regarding expected revenue for fiscal year 2025, including claims of growth potential and investment in new technologies [2]. - On February 5, 2025, Skyworks reported financial results for Q1 of fiscal year 2025, revealing lower-than-expected revenue guidance for Q2, attributing this to an intensified competitive landscape [2]. - Following the announcement, Skyworks' stock price plummeted from $87.08 per share to $65.60 per share, marking a decline of over 24% in one day [2]. Group 2: Next Steps for Investors - Investors who suffered losses during the specified timeframe have until May 5, 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 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].
Investors in Skyworks Solutions, Inc. Should Contact The Gross Law Firm Before May 5, 2025 to Discuss Your Rights - SWKS
Prnewswire· 2025-03-20 09:45
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Skyworks Solutions, Inc. regarding a class action lawsuit due to alleged misleading statements about the company's expected revenue for fiscal year 2025, leading to a significant stock price decline after disappointing financial results were announced [1]. Group 1: Allegations and Financial Impact - The allegations state that defendants provided investors with optimistic information about Skyworks' revenue expectations and growth potential in the mobile business [1]. - On February 5, 2025, Skyworks announced lower-than-expected revenue guidance for Q2 FY2025, attributing this to an intensified competitive landscape [1]. - Following the announcement, Skyworks' stock price plummeted from $87.08 to $65.60 per share, a decline of over 24% in one day [1]. Group 2: Class Action Details - The class period for the lawsuit is defined as July 30, 2024, to February 5, 2025, and shareholders are encouraged to register for participation [2]. - The deadline for shareholders to seek lead plaintiff status is May 5, 2025, and there is no cost or obligation to participate in the case [2]. Group 3: Law Firm's Mission - The Gross Law Firm aims to protect investors' rights against deceit and fraud, ensuring companies adhere to responsible business practices [3]. - The firm seeks recovery for investors who suffered losses due to misleading statements or omissions that artificially inflated stock prices [3].
SWKS STOCK NEWS: Skyworks Solutions, Inc. Shareholders with Large Losses Should Contact Shareholder Rights Law Firm Robbins LLP for Information About the Skyworks Solutions, Inc. Securities Fraud Class Action
Prnewswire· 2025-03-19 00:45
Group 1 - A class action has been filed on behalf of investors who purchased Skyworks Solutions, Inc. securities between July 30, 2024, and February 5, 2025 [1][2] - The allegations state that Skyworks misled investors regarding its business prospects, creating a false impression of reliable revenue outlook and growth while downplaying risks associated with smartphone upgrade cycles and macroeconomic fluctuations [2] - Skyworks' stock price dropped from $87.08 per share on February 5, 2025, to $65.60 per share on February 6, 2025, marking a decline of over 24% following the revelation of the truth [3] Group 2 - Shareholders interested in serving as lead plaintiffs must file their papers with the court by May 5, 2025, and do not need to participate in the case to be eligible for recovery [4] - Robbins LLP operates on a contingency fee basis, meaning shareholders incur no fees or expenses [5] - Robbins LLP has been dedicated to helping shareholders recover losses and improve corporate governance since 2002 [5]
Contact Levi & Korsinsky by May 5, 2025 Deadline to Join Class Action Against Skyworks Solutions, Inc.(SWKS)
Prnewswire· 2025-03-18 09:45
Core Viewpoint - A class action securities lawsuit has been filed against Skyworks Solutions, Inc. due to alleged securities fraud that affected investors between July 30, 2024, and February 5, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit aims to recover losses for investors who were misled by the company's statements regarding expected revenue for fiscal year 2025, including claims of confidence in expanding its mobile business and investing in new technologies [2]. - On February 5, 2025, Skyworks reported financial results for Q1 of fiscal year 2025, providing lower-than-expected revenue guidance for Q2, attributing this to an intensified competitive landscape [2]. - Following the announcement, Skyworks' stock price plummeted from $87.08 per share to $65.60 per share, marking a decline of over 24% in one day [2]. Group 2: Next Steps for Investors - Investors who suffered losses during the specified timeframe have until May 5, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require this [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees, with no obligation to participate [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 U.S. for seven consecutive years [4].
SWKS Investors Have Opportunity to Join Skyworks Solutions, Inc. Fraud Investigation with the Schall Law Firm
Prnewswire· 2025-03-18 00:00
Core Viewpoint - The Schall Law Firm is investigating claims against Skyworks Solutions, Inc. for potential violations of securities laws related to misleading statements and undisclosed information impacting investors [1][2]. Financial Performance - Skyworks reported a disappointing decline in quarterly revenue for Q4 2024, with an anticipated mid- to high teens sequential decline in mobile revenue [2]. Management Changes - The company announced the appointment of a new CEO effective February 17, 2025 [2].