Investors in SMTC Corporation Given Chance to Join Securities Fraud Lawsuit: What You Need to Know

Important Information for Semtech Corporation Investors: Rosen Law Firm Announces Securities Class Action Lawsuit

New York, NY, March 12, 2025

Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Semtech Corporation (NASDAQ: SMTC) between August 27, 2024 and February 7, 2025, both dates inclusive (the “Class Period”), of the important April 22, 2025 lead plaintiff deadline. The lawsuit alleges that Semtech Corporation and certain of its officers and directors violated the Securities Exchange Act of 1934 by making materially false and misleading statements and omitting key information from its securities filings and public statements.

Impact on Individual Investors

If you purchased Semtech Corporation securities during the Class Period, you may be entitled to compensation without payment of any out-of-pocket fees or costs through a contingency fee arrangement. The purpose of the class action is to recover damages for Semtech Corporation investors who have suffered losses as a result of defendants’ misrepresentations and omissions. If you wish to serve as lead plaintiff, you must move the Court no later than April 22, 2025. To join the class action, go to or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

Impact on the World

The securities class action against Semtech Corporation is significant for several reasons. First, it highlights the importance of transparency and accuracy in corporate reporting. Investors rely on the information provided by publicly-traded companies to make informed decisions about their investments. When companies and their executives make false or misleading statements, they can cause significant financial harm to investors. Second, class action lawsuits like this one provide a means for investors to seek compensation for their losses. This can help to deter companies from engaging in fraudulent or misleading behavior. Finally, the outcome of this lawsuit could have broader implications for the technology industry and the securities market as a whole.

Background

Semtech Corporation is a leading supplier of high-performance analog and mixed-signal semiconductors and advanced algorithms for infrastructure, high-reliability military, and aerospace applications. The company’s products are used in a variety of industries, including communications, computing, industrial, and automotive. In August 2024, Semtech Corporation announced strong revenue growth and raised its earnings guidance for the year. However, in February 2025, the company announced a significant decrease in revenue and earnings, citing weaker-than-expected demand in certain markets.

Allegations

The securities class action alleges that Semtech Corporation and certain of its officers and directors made materially false and misleading statements and omitted key information from their public statements and securities filings during the Class Period. Specifically, the complaint alleges that the defendants failed to disclose that the company was experiencing weaker-than-expected demand in certain markets, that the company’s revenue and earnings growth were overstated, and that the company was experiencing increased competition and pricing pressures.

Conclusion

The securities class action against Semtech Corporation serves as a reminder of the importance of transparency and accuracy in corporate reporting. The lawsuit also highlights the role that class action lawsuits can play in seeking compensation for investors who have suffered losses as a result of misrepresentations and omissions. If you purchased Semtech Corporation securities during the Class Period and believe you may be entitled to compensation, you may wish to consider joining the class action. For more information, go to or contact Phillip Kim, Esq. at 866-767-3653 or [email protected].

Regardless of whether or not you are an investor in Semtech Corporation, it is important to stay informed about corporate reporting and disclosures. By doing so, you can make more informed investment decisions and help to promote transparency and accuracy in the securities market.

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