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) 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, after announcing lower-than-anticipated revenue guidance.
March 26, 2025 | 7:45 pm
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The class action lawsuit alleges securities fraud, focusing on potentially misleading statements about revenue expectations and business growth between July 2024 and February 2025.
The lawsuit and significant stock price decline suggest potential financial and reputational risks for Skyworks Solutions. The legal action could lead to financial penalties, increased scrutiny, and potential investor confidence erosion.
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