PR Newswire
SAN DIEGO
, Sept. 18, 2025 /PRNewswire/ — The Shareholders Foundation, Inc. announces that a lawsuit that is currently pending for certain investors in Semtech Corporation (NASDAQ: SMTC) shares.
Investors who purchased shares of Semtech Corporation (NASDAQ: SMTC) prior to August 2024 and continue to hold any of those NASDAQ: SMTC shares have also certain options and should contact the Shareholders Foundation at [email protected] or call +1(858) 779 – 1554.
On February 20, 2025, an investor in NASDAQ: SMTC shares over alleged securities laws violations by Semtech Corporation. The plaintiff alleged that the Defendants failed to disclose to investors that its CopperEdge products did not meet the needs of its server rack customer or end users, that, as a result, the CopperEdge products required certain rack architecture changes, that, as a result of the foregoing, the Company’s sales of CopperEdge products would not ramp-up during fiscal 2026, that, as a result, sales of CopperEdge products would be lower-than-expected, and that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
On July 14, 2025, a consolidated complaint was filed and on August 11, 2025 the defendants filed their motion to dismiss the case.
Those who purchased shares of Semtech Corporation (NASDAQ: SMTC) should contact the Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio legal monitoring and a settlement claim filing service, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. The Shareholders Foundation, Inc. is not a law firm. Any referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is only provided as a public service. It is not intended as legal advice and should not be relied upon.
CONTACT:
Shareholders Foundation, Inc.
Michael Daniels
+1 (858) 779-1554
[email protected]
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
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SOURCE Shareholders Foundation, Inc.
