Levi & Korsinsky Announces the Filing of a Securities Class Action on Behalf of Skyworks Solutions, Inc.(SWKS) Shareholders
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Levi & Korsinsky law firm has filed a securities class action lawsuit against Skyworks Solutions (SWKS) on behalf of shareholders. The lawsuit alleges securities fraud between July 30, 2024, and February 5, 2025, following a significant stock price drop after the company announced lower-than-anticipated revenue guidance for Q2 FY2025, citing an intensified competitive landscape.
March 21, 2025 | 10:00 am
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The lawsuit alleges that Skyworks misled investors about its revenue expectations and growth potential, leading to a significant stock price decline when true performance was revealed.
The class action lawsuit directly targets Skyworks, alleging securities fraud. The 24% stock price drop and potential legal damages could negatively impact investor sentiment and stock performance in the short term.
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