Semtech Corporation (SMTC) Investors Who Lost Money – Contact Law Offices of Howard G. Smith About Securities Fraud Investigation
Semtech Corporation (SMTC) Investors Who Lost Money – Contact Law Offices of Howard G. Smith About Securities Fraud Investigation
BENSALEM, Pa.--(BUSINESS WIRE)-- Law Offices of Howard G. Smith announces an investigation on behalf of Semtech Corporation (“Semtech” or the “Company”) (NASDAQ: SMTC) investors concerning the Company’s possible violations of federal securities laws.
IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN SEMTECH CORPORATION (SMTC), CONTACT THE LAW OFFICES OF HOWARD G. SMITH ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS.
Contact the Law Offices of Howard G. Smith to discuss your legal rights by email at howardsmith@howardsmithlaw.com, by telephone at (215) 638-4847 or visit our website at www.howardsmithlaw.com.
What Is The Investigation About?
On February 7, 2025, after market hours, Semtech disclosed that for fiscal year 2026, net sales from its CopperEdge products are expected to be lower than previously disclosed “due to rack architecture changes, with no expected ramp-up over the course of fiscal year 2026,” based on “recent feedback from a server rack customer and correlated to discussions with end users of the server rack platform.”
On this news, Semtech’s stock price fell $16.91, or 31%, to close at $37.60 per share on February 10, 2025, thereby injuring investors.
Contact Us To Participate or Learn More:
If you purchased Semtech securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us:
Law Offices of Howard G. Smith,
3070 Bristol Pike, Suite 112,
Bensalem, Pennsylvania 19020,
Telephone: (215) 638-4847
Email: howardsmith@howardsmithlaw.com,
Visit our website at: www.howardsmithlaw.com.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250211255421/en/
Contacts
Law Offices of Howard G. Smith
Howard G. Smith, Esquire
215-638-4847
howardsmith@howardsmithlaw.com
www.howardsmithlaw.com
Source: Law Offices of Howard G. Smith