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SWKS Class Action Lawsuit Reminder: Kessler Topaz Meltzer & Check, LLP Reminds Skyworks Solutions, Inc. (SWKS) Investors that a Securities Fraud Class Action Lawsuit Has Been Filed
SWKSSkyworks(SWKS) Prnewswire·2025-03-17 00:06

Core Viewpoint - A securities class action lawsuit has been filed against Skyworks Solutions, Inc. for allegedly making materially false and misleading statements regarding its business operations and prospects during the class period from July 30, 2024, to February 5, 2025 [1]. Allegations of Misconduct - The complaint claims that Skyworks failed to disclose critical information, including: 1. The long-standing relationship with Apple, its largest customer, did not ensure continued business for the anticipated iPhone launch [3]. 2. Skyworks overstated its position and ability to leverage AI in the smartphone upgrade cycle [3]. 3. Positive statements made by the defendants regarding the company's business were misleading and lacked a reasonable basis [3]. Lead Plaintiff Process - Investors in Skyworks have until May 5, 2025, to seek appointment as a lead plaintiff, representing the class in the litigation [4]. - The lead plaintiff is typically the investor or group of investors with the largest financial interest and must be adequate and typical of the proposed class [4]. Contact Information - Kessler Topaz Meltzer & Check, LLP encourages affected investors to reach out for more information regarding the lawsuit [5].