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SWKS Deadline: SWKS Investors with Losses in Excess of $100K Have Opportunity to Lead Skyworks Solutions, Inc. Securities Fraud Lawsuit
SWKSSkyworks(SWKS) Prnewswire·2025-04-26 16:09

Core Viewpoint - Rosen Law Firm is reminding investors who purchased Skyworks Solutions, Inc. securities between July 30, 2024, and February 5, 2025, of the May 5, 2025, deadline to become a lead plaintiff in a class action lawsuit [1] Group 1: Class Action Details - A class action lawsuit has been filed against Skyworks Solutions, and investors may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1][2] - Investors wishing to serve as lead plaintiff must file a motion with the Court 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, securing 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 its relationship with Apple, its largest customer [4] - Defendants are accused of overselling Skyworks' ability to capitalize on AI in the smartphone upgrade cycle while concealing adverse facts about the client base [4]