SMTC ALERT: Levi & Korsinsky Reminds Investors of an Investigation Involving Possible Securities Fraud Violations by Semtech Corporation
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Levi & Korsinsky has initiated an investigation into Semtech Corporation for potential securities fraud violations. 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 23, 2025 | 2:45 pm
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Semtech Corporation is under investigation by Levi & Korsinsky for potential securities fraud. The investigation follows a forecasted decline in CopperEdge product sales due to negative customer feedback.
The investigation into potential securities fraud and the expected decline in product sales are likely to negatively impact investor sentiment and the stock price in the short term.
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