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] Group 1: Lawsuit Details - The lawsuit aims to recover losses for investors affected by misleading information regarding Skyworks' expected revenue for fiscal year 2025 [2] - Defendants expressed confidence in Skyworks' ability to grow its mobile business and diversify its offerings through new technology investments [2] - Following the announcement of lower-than-expected revenue guidance on February 5, 2025, Skyworks' stock price dropped from 65.60, a decline of over 24% in one day [2] Group 2: Next Steps for Investors - Investors who suffered losses during the specified period have until May 5, 2025, to request appointment as lead plaintiff, although participation does not require this role [3] - Class members may be entitled to compensation without any out-of-pocket costs or fees [3] Group 3: Firm Background - Levi & Korsinsky has a history of securing significant settlements for shareholders and is recognized as one of the top securities litigation firms in the U.S. [4]
Skyworks Solutions, Inc. Sued for Securities Law Violations - Contact Levi & Korsinsky Before May 5, 2025 to Discuss Your Rights – SWKS