Recent Security Class Actions

Semtech Corporation Common Stock (NASDAQ: SMTC)

49 Days left to seek lead plaintiff status.

Company Name:Semtech Corporation Common Stock
Stock Symbol:NASDAQ: SMTC
Class Period Start:08/27/2024
Class Period End (inclusive):02/07/2025
Filing Deadline:04/21/2025

The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors: (1) that its CopperEdge products did not meet the needs of its server rack customer or end users; (2) that, as a result, the CopperEdge products required certain rack architecture changes; (3) that, as a result of the foregoing, the Company’s sales of CopperEdge products would not ramp-up during fiscal 2026; (4) that, as a result, sales of CopperEdge products would be lower-than-expected; and (5) that, 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.

Semtech Corporation Common Stock (NASDAQ: SMTC) Claim Form

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