Rosen Law Firm Files Class Action Lawsuit Against Skyworks Solutions, Inc.
New York, NY – March 15, 2025
Rosen Law Firm, a leading global investor rights law firm, announced today the filing of a class action lawsuit on behalf of purchasers of securities of Skyworks Solutions, Inc. (NASDAQ: SWKS) between July 30, 2024, and February 5, 2025, both dates inclusive (the “Class Period”).
Background on the Class Action Lawsuit
Skyworks Solutions, Inc. is a leading global supplier of high performance analog and mixed signal semiconductors. The company’s products are used in various applications, including automotive, broadband, industrial, medical, military, smartphone, and wearable devices.
The complaint alleges that during the Class Period, Skyworks Solutions, Inc. made false and/or misleading statements and/or failed to disclose that:
Alleged Misstatements and Failures to Disclose
- The Company had experienced production issues that would negatively impact its financial results;
- The Company’s financial results for the fourth quarter of 2024 would be lower than previously guided;
- The Company’s revenue growth was slowing down;
As a result of these allegations, the price of Skyworks Solutions, Inc.’s common stock fell significantly on February 6, 2025.
Impact on Individual Investors
The filing of this class action lawsuit may have significant implications for individual investors who purchased Skyworks Solutions, Inc. securities during the Class Period. If the allegations in the complaint are proven, these investors may be entitled to compensation.
Impact on the Wider Market
The filing of this class action lawsuit against Skyworks Solutions, Inc. could have wider implications for the semiconductor industry as a whole. It could potentially lead to increased scrutiny of other companies in the industry, particularly those that have recently reported lower than expected earnings or have faced production issues.
Conclusion
The filing of this class action lawsuit against Skyworks Solutions, Inc. is a reminder of the importance of accurate and timely disclosures by publicly traded companies. It also underscores the potential risks and rewards of investing in the stock market. If you purchased Skyworks Solutions, Inc. securities during the Class Period and believe you may be entitled to compensation, it is important that you contact a qualified securities attorney as soon as possible.
For more information, please contact:
Rosen Law Firm, P.A.
275 Madison Avenue, 34th Floor
New York, NY 10016
Phone: (212) 686-1060
Fax: (212) 202-3827
Email: [email protected]
Or visit:
http://rosenlegal.com/cases-registered-1311.html
You may also visit the firm’s website at http://rosenlegal.com for more information on the firm and its representation of investors.
