Important Information for Investors: Class Action Lawsuit Against Skyworks Solutions, Inc.
New York, NY – March 7, 2025
Levi & Korsinsky, LLP, a premier securities litigation firm, announces that a class action securities lawsuit has been filed on behalf of investors in Skyworks Solutions, Inc. (“Skyworks” or the “Company”) (NASDAQ: SWKS). The lawsuit seeks to recover losses on behalf of Skyworks investors who were adversely affected by alleged securities fraud between July 30, 2024 and February 5, 2025.
Class Definition
The class action is open to all persons or entities who purchased or otherwise acquired Skyworks securities between July 30, 2024 and February 5, 2025, inclusive (the “Class Period”). The deadline to move for lead plaintiff status is April 26, 2025.
Allegations
The complaint alleges that Skyworks made false and misleading statements and failed to disclose material information during the Class Period. Specifically, the Company is accused of concealing the fact that:
- Demand for its products was weakening;
- The Company was experiencing production issues;
- The Company’s financial statements were materially misstated;
As a result of these alleged misrepresentations, Skyworks stock traded at artificially inflated prices during the Class Period. When the truth was revealed, the price of Skyworks stock declined significantly, causing harm to investors.
Impact on Individual Investors
If you invested in Skyworks Solutions, Inc. between July 30, 2024 and February 5, 2025, and have suffered losses as a result, you may be eligible to recover your damages. To determine your eligibility and learn how to participate in the class action, please contact Levi & Korsinsky, LLP, as soon as possible:
- Joseph E. Levi, Esq. or Yael Rhon, Esq.
- 30 Broad Street, 24th Floor
- New York, NY 10004
- Tel: 212-363-7500
- Toll Free: 877-363-5972
- Email: [email protected]
Impact on the World
The consequences of this class action lawsuit extend beyond Skyworks investors. The allegations of securities fraud can have a ripple effect on the broader financial markets. When investors lose trust in a company, it can lead to a decrease in demand for the company’s stock, which can impact the value of other investments and the overall health of the market. Additionally, the lawsuit may lead to increased scrutiny of other technology companies in the industry, potentially causing a market correction.
Conclusion
The class action securities lawsuit against Skyworks Solutions, Inc. is an important development for investors in the technology sector. If you invested in Skyworks during the Class Period and have suffered losses, it is crucial that you take action to protect your rights. Contact Levi & Korsinsky, LLP today to learn more about the case and how you can participate. And, as always, it is important for investors to remain vigilant and informed about the companies they invest in, especially in a rapidly changing industry like technology.
Investors may also want to keep an eye on similar cases in the future, as securities fraud can have far-reaching consequences for both individual investors and the broader financial markets.
