Investors who lost money on Skyworks Solutions, Inc. (SWKS) should contact The Gross Law Firm about pending Class Action - SWKS
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The Gross Law Firm has announced a class action lawsuit against Skyworks Solutions (SWKS) alleging that the company provided misleading information about its revenue expectations. The lawsuit covers the period from July 30, 2024 to February 5, 2025, when SWKS announced lower-than-anticipated revenue guidance, causing its stock price to drop over 24% in a single day.
March 20, 2025 | 5:15 pm
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The class action lawsuit alleges SWKS misled investors about its revenue expectations, potentially damaging investor confidence and exposing the company to financial and reputational risks.
The lawsuit directly targets SWKS, alleging material misrepresentations about revenue expectations. The significant stock price drop and potential legal consequences could negatively impact investor sentiment and stock performance.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100