Skyworks(SWKS) Prnewswire·2025-03-12 09:45Core 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 impacted by misleading statements 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 plummeted 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 in the lawsuit [3]. - Class members may be eligible for 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 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].