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SMTC Investors Have Opportunity to Join Semtech Corporation Fraud Investigation with the Schall Law Firm
SMTCSemtech(SMTC) Prnewswire·2025-02-20 20:49

Core Viewpoint - The Schall Law Firm is investigating Semtech Corporation for potential violations of securities laws related to misleading statements and undisclosed information affecting investors [1][2]. Group 1: Company Performance - Semtech announced on February 7, 2025, that sales of its CopperEdge products are expected to fall below the previously anticipated $50 million threshold [2]. - The decline in sales is attributed to the need for changes in server rack architecture due to negative feedback from a significant customer [2]. - Following this announcement, Semtech's shares experienced a drop of over 31% on February 10, 2025 [2]. Group 2: Legal Investigation - The investigation by the Schall Law Firm focuses on whether Semtech issued false or misleading statements or failed to disclose critical information to investors [2]. - Shareholders who have suffered losses are encouraged to participate in the investigation and can contact the Schall Law Firm for further discussion [3].