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 and significant stock price drop indicate serious investor concerns about Skyworks' financial transparency and performance, which could lead to potential financial and reputational damage.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100