SWKS LAWSUIT ALERT: Levi & Korsinsky Notifies Skyworks Solutions, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline
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Levi & Korsinsky law firm has filed a class action securities lawsuit against Skyworks Solutions (SWKS) alleging securities fraud between July 30, 2024 and February 5, 2025. The lawsuit stems from the company's financial performance and guidance, which led to a significant stock price drop of over 24% on February 6, 2025, from $87.08 to $65.60 per share.
March 21, 2025 | 1:45 am
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The lawsuit alleges that Skyworks misled investors about its revenue expectations and business expansion potential, potentially damaging investor confidence and the company's reputation.
The lawsuit directly targets Skyworks, alleging securities fraud during a specific period. The significant stock price drop and legal challenge suggest potential negative short-term market sentiment and financial implications.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100