{"id":839239,"date":"2025-04-21T05:59:08","date_gmt":"2025-04-21T09:59:08","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/tuesday-investor-deadline-semtech-corporation-investors-with-substantial-losses-have-opportunity-to-lead-class-action-lawsuit-smtc\/"},"modified":"2025-04-21T05:59:08","modified_gmt":"2025-04-21T09:59:08","slug":"tuesday-investor-deadline-semtech-corporation-investors-with-substantial-losses-have-opportunity-to-lead-class-action-lawsuit-smtc","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/tuesday-investor-deadline-semtech-corporation-investors-with-substantial-losses-have-opportunity-to-lead-class-action-lawsuit-smtc\/","title":{"rendered":"TUESDAY INVESTOR DEADLINE: Semtech Corporation Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit – SMTC"},"content":{"rendered":"
\n

PR Newswire<\/p>\n<\/p><\/div>\n

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\n
\n SAN DIEGO<\/span>
\n <\/span>, April 21, 2025<\/span><\/span> \/PRNewswire\/ — Robbins Geller Rudman<\/span> & Dowd LLP<\/a><\/b> announces that purchasers or acquirers of Semtech Corporation (NASDAQ: SMTC) securities between August 27, 2024<\/span> and February 7, 2025<\/span>, all dates inclusive (the “Class Period”), have until this upcoming Tuesday, April 22, 2025<\/span> to seek appointment as lead plaintiff of the Semtech <\/i>class action lawsuit.\u00a0 Captioned Kleovoulos v. Semtech Corporation<\/i>, No. 25-cv-01474 (C.D. Cal.), the Semtech <\/i>class action lawsuit charges Semtech as well as certain of Semtech’s top executives with violations of the Securities Exchange Act of 1934.<\/p>\n

\n

\n
\n \"Robbins
\n <\/a>\n <\/p>\n<\/p><\/div>\n

\n If you suffered substantial losses and wish to serve as lead plaintiff of the Semtech <\/i>class action lawsuit, please provide your information here:<\/b>\n <\/p>\n

\n
\n https:\/\/www.rgrdlaw.com\/cases-semtech-corporation-class-action-lawsuit-smtc.html<\/a>
\n <\/b>\u00a0<\/p>\n

\n You can also contact attorneys J.C. Sanchez<\/a> or Jennifer N. Caringal<\/span><\/a> of Robbins Geller by calling 800\/449-4900 or via e-mail at info@rgrdlaw.com<\/a>.<\/b>\n <\/p>\n

\n CASE ALLEGATIONS<\/b>: Semtech designs, develops, manufactures, and markets analog and mixed-signal semiconductor and advanced algorithms.\u00a0 Semtech’s portfolio includes CopperEdge products, which can be used in active copper cables.<\/p>\n

The Semtech <\/i>class action lawsuit alleges<\/span> that defendants throughout the Class Period made false and\/or misleading statements and\/or failed to disclose that: (i) Semtech’s CopperEdge products did not meet the needs of its server rack customer or end users; (ii) as a result, the CopperEdge products required certain rack architecture changes; (iii) consequently, Semtech’s sales of CopperEdge products would not ramp-up during fiscal 2026; and (iv) as such, sales of CopperEdge products would be lower-than-expected.<\/p>\n

The Semtech<\/i> class action lawsuit further alleges<\/span> that on February 7, 2025<\/span>, Semtech revealed that CopperEdge sales would not “ramp-up over the course of fiscal year 2026.”\u00a0 Based on “feedback from a server rack customer” and “discussions with end users of the server rack platform,” Semtech would implement certain “rack architecture changes,” the complaint alleges<\/span>.\u00a0 As a result, Semtech expected CopperEdge sales to be “lower than the Company’s previously disclosed floor case estimate of $50 million<\/span>,” according to the Semtech<\/i> class action lawsuit.\u00a0 On this news, the price of Semtech stock fell approximately 31%, the complaint alleges<\/span>.<\/p>\n

\n THE LEAD PLAINTIFF PROCESS<\/b>: The Private Securities Litigation Reform Act of 1995 permits any investor who purchased or acquired Semtech securities during the Class Period to seek appointment as lead plaintiff in the Semtech <\/i>class action lawsuit.\u00a0 A lead plaintiff is generally the movant with the greatest financial interest in the relief sought by the putative class who is also typical and adequate of the putative class.\u00a0 A lead plaintiff acts on behalf of all other class members in directing the Semtech <\/i>class action lawsuit.\u00a0 The lead plaintiff can select a law firm of its choice to litigate the Semtech <\/i>class action lawsuit.\u00a0 An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff of the Semtech <\/i>class action lawsuit.<\/p>\n

\n ABOUT ROBBINS GELLER<\/b>: Robbins Geller Rudman & Dowd LLP is one of the world’s leading law firms representing investors in securities fraud<\/span> cases.\u00a0 Our Firm has been #1 in the ISS Securities Class Action Services rankings for six out of the last ten years for securing the most monetary relief for investors.\u00a0 We recovered $6.6 billion<\/span> for investors in securities-related class action cases \u2013 over $2.2 billion<\/span> more than any other law firm in the last four years.\u00a0 With 200 lawyers in 10 offices, Robbins Geller is one of the largest plaintiffs’ firms in the world and the Firm’s attorneys have obtained many of the largest securities class action recoveries in history, including the largest securities class action recovery ever \u2013 $7.2 billion<\/span> \u2013 in In re Enron Corp. Sec. Litig.<\/i>\u00a0 Please visit the following page for more information:<\/p>\n

\n
\n https:\/\/www.rgrdlaw.com\/services-litigation-securities-fraud<\/span>.html<\/a>
\n <\/b>\n <\/p>\n

Past results do not guarantee future outcomes.\u00a0<\/p>\n

Services may be performed by attorneys in any of our offices.\u00a0<\/p>\n

Contact:<\/p>\n

\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Robbins Geller Rudman & Dowd LLP<\/p>\n

\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 J.C. Sanchez, Jennifer N. Caringal<\/span><\/p>\n

\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 655 W. Broadway, Suite 1900, San Diego, CA<\/span> 92101<\/p>\n

\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 800-449-4900<\/p>\n

\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 info@rgrdlaw.com<\/a><\/b>\u00a0<\/p>\n

\n \"Cision\" View original content to download multimedia:https:\/\/www.prnewswire.com\/news-releases\/tuesday-investor-deadline-semtech-corporation-investors-with-substantial-losses-have-opportunity-to-lead-class-action-lawsuit—smtc-302429831.html<\/a><\/p>\n

SOURCE Robbins Geller Rudman & Dowd LLP<\/p>\n<\/p><\/div>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

PR Newswire SAN DIEGO , April 21, 2025 \/PRNewswire\/ — Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Semtech Corporation (NASDAQ: SMTC) securities between August 27, 2024 and February 7, 2025, all dates inclusive (the “Class Period”), have until this upcoming Tuesday, April 22, 2025 to seek appointment as lead plaintiff of the Semtech class action lawsuit.\u00a0 Captioned Kleovoulos v. Semtech Corporation, No. 25-cv-01474 (C.D. Cal.), the Semtech class action lawsuit charges Semtech as well as certain of Semtech’s top executives with violations of the Securities Exchange Act of 1934. If you suffered substantial losses and wish to serve as lead plaintiff of the Semtech class action lawsuit, please provide your information here: https:\/\/www.rgrdlaw.com\/cases-semtech-corporation-class-action-lawsuit-smtc.html \u00a0 You … <\/p>\n

Continue reading “TUESDAY INVESTOR DEADLINE: Semtech Corporation Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit – SMTC”<\/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-839239","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nTUESDAY INVESTOR DEADLINE: Semtech Corporation Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit - SMTC - 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\/tuesday-investor-deadline-semtech-corporation-investors-with-substantial-losses-have-opportunity-to-lead-class-action-lawsuit-smtc\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"TUESDAY INVESTOR DEADLINE: Semtech Corporation Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit - SMTC - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire SAN DIEGO , April 21, 2025 \/PRNewswire\/ — Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Semtech Corporation (NASDAQ: SMTC) securities between August 27, 2024 and February 7, 2025, all dates inclusive (the “Class Period”), have until this upcoming Tuesday, April 22, 2025 to seek appointment as lead plaintiff of the Semtech class action lawsuit.\u00a0 Captioned Kleovoulos v. Semtech Corporation, No. 25-cv-01474 (C.D. Cal.), the Semtech class action lawsuit charges Semtech as well as certain of Semtech’s top executives with violations of the Securities Exchange Act of 1934. If you suffered substantial losses and wish to serve as lead plaintiff of the Semtech class action lawsuit, please provide your information here: https:\/\/www.rgrdlaw.com\/cases-semtech-corporation-class-action-lawsuit-smtc.html \u00a0 You … Continue reading "TUESDAY INVESTOR DEADLINE: Semtech Corporation Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit – SMTC"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/tuesday-investor-deadline-semtech-corporation-investors-with-substantial-losses-have-opportunity-to-lead-class-action-lawsuit-smtc\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-04-21T09:59:08+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/2542335\/robbins_geller_rudman_and_dowd_llp_logo_v2_Logo.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=\"3 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\\\/tuesday-investor-deadline-semtech-corporation-investors-with-substantial-losses-have-opportunity-to-lead-class-action-lawsuit-smtc\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/tuesday-investor-deadline-semtech-corporation-investors-with-substantial-losses-have-opportunity-to-lead-class-action-lawsuit-smtc\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"TUESDAY INVESTOR DEADLINE: Semtech Corporation Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit – SMTC\",\"datePublished\":\"2025-04-21T09:59:08+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/tuesday-investor-deadline-semtech-corporation-investors-with-substantial-losses-have-opportunity-to-lead-class-action-lawsuit-smtc\\\/\"},\"wordCount\":677,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/tuesday-investor-deadline-semtech-corporation-investors-with-substantial-losses-have-opportunity-to-lead-class-action-lawsuit-smtc\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/2542335\\\/robbins_geller_rudman_and_dowd_llp_logo_v2_Logo.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/tuesday-investor-deadline-semtech-corporation-investors-with-substantial-losses-have-opportunity-to-lead-class-action-lawsuit-smtc\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/tuesday-investor-deadline-semtech-corporation-investors-with-substantial-losses-have-opportunity-to-lead-class-action-lawsuit-smtc\\\/\",\"name\":\"TUESDAY INVESTOR DEADLINE: Semtech Corporation Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit - 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Semtech Corporation, No. 25-cv-01474 (C.D. Cal.), the Semtech class action lawsuit charges Semtech as well as certain of Semtech’s top executives with violations of the Securities Exchange Act of 1934. 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