Levi & Korsinsky Notifies Shareholders of Semtech Corporation (SMTC) of a Class Action Lawsuit and an Upcoming Deadline
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Law firm Levi & Korsinsky has filed a class action securities lawsuit against Semtech Corporation, alleging securities fraud between August 27, 2024 and February 7, 2025. The lawsuit claims Semtech made false statements about its CopperEdge products, including product performance, customer needs, and sales expectations for fiscal 2026.
March 26, 2025 | 1:45 am
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The lawsuit alleges Semtech misrepresented CopperEdge product capabilities and sales potential, which could negatively impact investor confidence and stock performance.
Class action lawsuit directly targets Semtech, alleging securities fraud. Potential financial penalties, legal costs, and reduced investor trust could negatively impact stock price.
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