Semtech Corporation INVESTIGATION: Levi & Korsinsky Investigates Potential Securities Fraud by Semtech Corporation (SMTC)
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Levi & Korsinsky has initiated an investigation into Semtech Corporation for potential securities fraud. This follows Semtech's announcement that its CopperEdge product sales are expected to fall below previous estimates due to negative feedback from a key customer.
February 13, 2025 | 12:45 pm
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Semtech Corporation is under investigation by Levi & Korsinsky for potential securities fraud. The investigation follows a forecasted decline in sales of its CopperEdge products, attributed to poor feedback from a key customer.
The investigation into potential securities fraud and the forecasted decline in product sales are likely to negatively impact investor confidence and the stock price of Semtech Corporation in the short term.
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