{"id":823135,"date":"2025-03-07T12:03:13","date_gmt":"2025-03-07T17:03:13","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/semtech-corporation-smtc-investors-who-lost-money-have-opportunity-to-lead-securities-fraud-lawsuit-3\/"},"modified":"2025-03-07T12:03:13","modified_gmt":"2025-03-07T17:03:13","slug":"semtech-corporation-smtc-investors-who-lost-money-have-opportunity-to-lead-securities-fraud-lawsuit-3","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/semtech-corporation-smtc-investors-who-lost-money-have-opportunity-to-lead-securities-fraud-lawsuit-3\/","title":{"rendered":"Semtech Corporation (SMTC) Investors Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"legendSpanClass\"><br \/>\n          <span class=\"xn-location\">LOS ANGELES<\/span><br \/>\n        <\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">March 7, 2025<\/span><\/span> \/PRNewswire\/ &#8212; <a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=4377134-1&amp;h=1477557050&amp;u=https%3A%2F%2Fwww.glancylaw.com%2F&amp;a=Glancy+Prongay+%26+Murray+LLP\" target=\"_blank\" rel=\"nofollow\"><span class=\"xn-person\">Glancy Prongay<\/span> &amp; Murray LLP<\/a> announces that investors with losses have opportunity to lead the securities <span>fraud<\/span> class action lawsuit against Semtech Corporation (&#8220;Semtech&#8221; or the &#8220;Company&#8221;) (NASDAQ:\u00a0<a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=4377134-1&amp;h=798511114&amp;u=https%3A%2F%2Ffinance.yahoo.com%2Fquote%2FSMTC%2F&amp;a=SMTC\" target=\"_blank\" rel=\"nofollow\">SMTC<\/a>).<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/2395212\/Glancy_Prongay.html\" target=\"_blank\" rel=\"nofollow\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/2395212\/Glancy_Prongay.jpg\" title=\"Glancy Prongay &amp; Murray LLP (PRNewsfoto\/Glancy Prongay &amp; Murray LLP)\" alt=\"Glancy Prongay &amp; Murray LLP (PRNewsfoto\/Glancy Prongay &amp; Murray LLP)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>\n        <b>IF YOU SUFFERED A LOSS ON YOUR SEMTECH INVESTMENTS, CLICK\u00a0<a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=4377134-1&amp;h=1337801360&amp;u=https%3A%2F%2Fwww.glancylaw.com%2Fcases%2Fsemtech-corporation%2F&amp;a=HERE\" target=\"_blank\" rel=\"nofollow\">HERE<\/a><\/b><br \/>\n        <b>BEFORE <span class=\"xn-chron\">APRIL 22, 2025<\/span> (LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE SECURITIES <span>FRAUD<\/span> LAWSUIT <\/b>\n      <\/p>\n<p>\n        <b>What Is The Lawsuit About?<\/b><br \/>\n        <br \/>The complaint filed <span>alleges<\/span> that, between <span class=\"xn-chron\">August 27, 2024<\/span> and <span class=\"xn-chron\">February 7, 2025<\/span>, Defendants failed to disclose to investors: (1) that its CopperEdge products did not meet the needs of its server rack customer or end users; (2) that, as a result, the CopperEdge products required certain rack architecture changes; (3) that, as a result of the foregoing, the Company&#8217;s sales of CopperEdge products would not ramp-up during fiscal 2026; (4) that, as a result, sales of CopperEdge products would be lower-than-expected; and (5) that, as a result of the foregoing, Defendants&#8217; positive statements about the Company&#8217;s business, operations, and prospects were materially misleading and\/or lacked a reasonable basis.<\/p>\n<p>\n        <b>Contact Us To Participate or Learn More: <\/b>\n      <\/p>\n<p>If you wish to\u202flearn more\u202fabout this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us.<\/p>\n<p>Charles\u00a0Linehan, Esq.,<\/p>\n<p>\n        <span class=\"xn-person\">Glancy Prongay<\/span> &amp; Murray LLP,<\/p>\n<p>1925 Century Park East, Suite 2100, <br \/><span class=\"xn-location\">Los Angeles California<\/span> 90067 <br \/>Email: \u00a0<a href=\"mailto:shareholders@glancylaw.com\" target=\"_blank\" rel=\"nofollow\">shareholders@glancylaw.com<\/a><\/p>\n<p>Telephone: 310-201-9150 (Toll-Free: 888-773-9224) <br \/>Visit our website at\u00a0<a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=4377134-1&amp;h=2596416570&amp;u=http%3A%2F%2Fwww.glancylaw.com%2F&amp;a=www.glancylaw.com\" target=\"_blank\" rel=\"nofollow\">www.glancylaw.com<\/a>.<\/p>\n<p>Follow us for updates on <a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=4377134-1&amp;h=1771672077&amp;u=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fglancy-prongay-murray-llp&amp;a=LinkedIn\" target=\"_blank\" rel=\"nofollow\">LinkedIn<\/a>, <a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=4377134-1&amp;h=38052696&amp;u=https%3A%2F%2Ftwitter.com%2FGPM_llp&amp;a=Twitter\" target=\"_blank\" rel=\"nofollow\">Twitter<\/a>, or <a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=4377134-1&amp;h=3768479537&amp;u=https%3A%2F%2Fwww.facebook.com%2FGlancyLawFirm%2F&amp;a=Facebook\" target=\"_blank\" rel=\"nofollow\">Facebook<\/a>.<\/p>\n<p>If you inquire by email, please include your mailing address, telephone number and number of shares purchased.\u00a0<\/p>\n<p>To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.<\/p>\n<p>This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.<\/p>\n<p>\n        <b>Contact Us: <\/b>\n      <\/p>\n<p>\n        <span class=\"xn-person\">Glancy Prongay<\/span> &amp; Murray LLP, \u00a0<\/p>\n<p>1925 Century Park East, Suite 2100,<\/p>\n<p>\n        <span class=\"xn-location\">Los Angeles, CA<\/span> 90067<\/p>\n<p>\n        <b><br \/>\n          <span class=\"xn-person\">Charles Linehan<\/span><br \/>\n        <\/b>\n      <\/p>\n<p>Email: \u00a0<a href=\"mailto:shareholders@glancylaw.com\" target=\"_blank\" rel=\"nofollow\">shareholders@glancylaw.com<\/a><\/p>\n<p>Telephone: 310-201-9150<br \/>Toll-Free: 888-773-9224 <br \/>Visit our website at:\u00a0<a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=4377134-1&amp;h=1360509097&amp;u=https%3A%2F%2Fwww.glancylaw.com%2F&amp;a=www.glancylaw.com\" target=\"_blank\" rel=\"nofollow\">www.glancylaw.com<\/a>.<\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=LA34673&amp;sd=2025-03-07\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"https:\/\/www.prnewswire.com\/news-releases\/semtech-corporation-smtc-investors-who-lost-money-have-opportunity-to-lead-securities-fraud-lawsuit-302394087.html\" target=\"_blank\">https:\/\/www.prnewswire.com\/news-releases\/semtech-corporation-smtc-investors-who-lost-money-have-opportunity-to-lead-securities-fraud-lawsuit-302394087.html<\/a><\/p>\n<p>SOURCE  <span class=\"xn-person\">Glancy Prongay<\/span> &amp; Murray LLP<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=LA34673&amp;Transmission_Id=202503071200PR_NEWS_USPR_____LA34673&amp;DateId=20250307\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire LOS ANGELES , March 7, 2025 \/PRNewswire\/ &#8212; Glancy Prongay &amp; Murray LLP announces that investors with losses have opportunity to lead the securities fraud class action lawsuit against Semtech Corporation (&#8220;Semtech&#8221; or the &#8220;Company&#8221;) (NASDAQ:\u00a0SMTC). IF YOU SUFFERED A LOSS ON YOUR SEMTECH INVESTMENTS, CLICK\u00a0HERE BEFORE APRIL 22, 2025 (LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE SECURITIES FRAUD LAWSUIT What Is The Lawsuit About? The complaint filed alleges that, between August 27, 2024 and February 7, 2025, Defendants failed to disclose to investors: (1) that its CopperEdge products did not meet the needs of its server rack customer or end users; (2) that, as a result, the CopperEdge products required certain rack architecture changes; (3) that, as &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/semtech-corporation-smtc-investors-who-lost-money-have-opportunity-to-lead-securities-fraud-lawsuit-3\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Semtech Corporation (SMTC) Investors Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-823135","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Semtech Corporation (SMTC) Investors Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/semtech-corporation-smtc-investors-who-lost-money-have-opportunity-to-lead-securities-fraud-lawsuit-3\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Semtech Corporation (SMTC) Investors Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire LOS ANGELES , March 7, 2025 \/PRNewswire\/ &#8212; Glancy Prongay &amp; Murray LLP announces that investors with losses have opportunity to lead the securities fraud class action lawsuit against Semtech Corporation (&#8220;Semtech&#8221; or the &#8220;Company&#8221;) (NASDAQ:\u00a0SMTC). IF YOU SUFFERED A LOSS ON YOUR SEMTECH INVESTMENTS, CLICK\u00a0HERE BEFORE APRIL 22, 2025 (LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE SECURITIES FRAUD LAWSUIT What Is The Lawsuit About? The complaint filed alleges that, between August 27, 2024 and February 7, 2025, Defendants failed to disclose to investors: (1) that its CopperEdge products did not meet the needs of its server rack customer or end users; (2) that, as a result, the CopperEdge products required certain rack architecture changes; (3) that, as &hellip; Continue reading &quot;Semtech Corporation (SMTC) Investors Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/semtech-corporation-smtc-investors-who-lost-money-have-opportunity-to-lead-securities-fraud-lawsuit-3\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-03-07T17:03:13+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/2395212\/Glancy_Prongay.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/semtech-corporation-smtc-investors-who-lost-money-have-opportunity-to-lead-securities-fraud-lawsuit-3\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/semtech-corporation-smtc-investors-who-lost-money-have-opportunity-to-lead-securities-fraud-lawsuit-3\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Semtech Corporation (SMTC) Investors Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit\",\"datePublished\":\"2025-03-07T17:03:13+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/semtech-corporation-smtc-investors-who-lost-money-have-opportunity-to-lead-securities-fraud-lawsuit-3\\\/\"},\"wordCount\":381,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/semtech-corporation-smtc-investors-who-lost-money-have-opportunity-to-lead-securities-fraud-lawsuit-3\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/2395212\\\/Glancy_Prongay.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/semtech-corporation-smtc-investors-who-lost-money-have-opportunity-to-lead-securities-fraud-lawsuit-3\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/semtech-corporation-smtc-investors-who-lost-money-have-opportunity-to-lead-securities-fraud-lawsuit-3\\\/\",\"name\":\"Semtech Corporation (SMTC) Investors Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit - 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IF YOU SUFFERED A LOSS ON YOUR SEMTECH INVESTMENTS, CLICK\u00a0HERE BEFORE APRIL 22, 2025 (LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE SECURITIES FRAUD LAWSUIT What Is The Lawsuit About? The complaint filed alleges that, between August 27, 2024 and February 7, 2025, Defendants failed to disclose to investors: (1) that its CopperEdge products did not meet the needs of its server rack customer or end users; (2) that, as a result, the CopperEdge products required certain rack architecture changes; (3) that, as &hellip; Continue reading \"Semtech Corporation (SMTC) Investors Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/semtech-corporation-smtc-investors-who-lost-money-have-opportunity-to-lead-securities-fraud-lawsuit-3\/","og_site_name":"Market Newsdesk","article_published_time":"2025-03-07T17:03:13+00:00","og_image":[{"url":"https:\/\/mma.prnewswire.com\/media\/2395212\/Glancy_Prongay.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/semtech-corporation-smtc-investors-who-lost-money-have-opportunity-to-lead-securities-fraud-lawsuit-3\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/semtech-corporation-smtc-investors-who-lost-money-have-opportunity-to-lead-securities-fraud-lawsuit-3\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Semtech Corporation (SMTC) Investors Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit","datePublished":"2025-03-07T17:03:13+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/semtech-corporation-smtc-investors-who-lost-money-have-opportunity-to-lead-securities-fraud-lawsuit-3\/"},"wordCount":381,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/semtech-corporation-smtc-investors-who-lost-money-have-opportunity-to-lead-securities-fraud-lawsuit-3\/#primaryimage"},"thumbnailUrl":"https:\/\/mma.prnewswire.com\/media\/2395212\/Glancy_Prongay.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/semtech-corporation-smtc-investors-who-lost-money-have-opportunity-to-lead-securities-fraud-lawsuit-3\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/semtech-corporation-smtc-investors-who-lost-money-have-opportunity-to-lead-securities-fraud-lawsuit-3\/","name":"Semtech Corporation (SMTC) Investors Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit - 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