NEW
YORK, Feb. 27, 2025 /PRNewswire/ -- The
Gross Law Firm issues the following notice to shareholders of
Semtech Corporation (NASDAQ: SMTC).
Shareholders who purchased shares of SMTC during the class
period listed are encouraged to contact the firm regarding possible
lead plaintiff appointment. Appointment as lead plaintiff is not
required to partake in any recovery.
CONTACT US HERE:
https://securitiesclasslaw.com/securities/semtech-corporation-loss-submission-form/?id=132358&from=4
CLASS PERIOD: August 27,
2024 to February 7, 2025
ALLEGATIONS: The complaint alleges that
during the class period, Defendants issued materially false and/or
misleading statements and/or failed to disclose that: (1) its
CopperEdge products did not meet the needs of its server rack
customer or end users; (2) as a result, the CopperEdge products
required certain rack architecture changes; (3) as a result of the
foregoing, the Company's sales of CopperEdge products would not
ramp-up during fiscal 2026; (4) as a result, sales of CopperEdge
products would be lower-than-expected; and (5) as a result of the
foregoing, defendants' positive statements about the Company's
business, operations, and prospects were materially misleading
and/or lacked a reasonable basis.
DEADLINE: April 22, 2025
Shareholders should not delay in registering for this class action.
Register your information here:
https://securitiesclasslaw.com/securities/semtech-corporation-loss-submission-form/?id=132358&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a
shareholder who purchased shares of SMTC during the timeframe
listed above, you will be enrolled in a portfolio monitoring
software to provide you with status updates throughout the
lifecycle of the case. The deadline to seek to be a lead plaintiff
is April 22, 2025. There is no cost
or obligation to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is a nationally
recognized class action law firm, and our mission is to protect the
rights of all investors who have suffered as a result of deceit,
fraud, and illegal business practices. The Gross Law
Firm is committed to ensuring that companies adhere to responsible
business practices and engage in good corporate citizenship. The
firm seeks recovery on behalf of investors who incurred losses when
false and/or misleading statements or the omission of material
information by a company lead to artificial inflation of the
company's stock. Attorney advertising. Prior results do not
guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
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SOURCE The Gross Law Firm
