Bronstein, Gewirtz & Grossman, LLC Announces Class Action Lawsuit Against Semtech Corporation.
Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, announces that a class action lawsuit has been filed against Semtech Corporation (NASDAQ: SMTC) and certain of its officers.
The lawsuit seeks compensation for investors who bought Semtech stock between August 27, 2024, and February 7, 2025.
If you suffered losses in Semtech, you may be entitled to compensation. Learn more at: bgandg.com/SMTC
Allegations in the Complaint:
The lawsuit alleges that Semtech made materially false or misleading statements and failed to disclose key information related to its CopperEdge product line, including:
-
CopperEdge products did not meet the needs of key customers or end-users.
-
The products required unanticipated server rack architecture changes.
-
Sales of CopperEdge were delayed and below expectations for fiscal 2026.
-
Positive statements about the company’s business and prospects were misleading or lacked reasonable basis.
Investor Deadline: April 22, 2025
Investors have until April 22, 2025 to request appointment as lead plaintiff. You are not required to serve as lead plaintiff to participate in any potential recovery.
File a claim or review the complaint: bgandg.com/SMTC
📞 Contact Peretz Bronstein, Esq. or Nathan Miller at 332-239-2660
Bronstein, Gewirtz & Grossman, LLC (BG&G) is a well-established law firm specializing in securities, shareholder rights, and class action litigation. With a focus on representing individual and institutional investors, BG&G is committed to holding corporations and executives accountable for violations of securities laws. The firm offers a range of legal services, including shareholder derivative actions, securities fraud cases, and merger and acquisition disputes. Known for its experience and dedication, BG&G strives to recover financial losses for its clients and ensure justice in complex legal matters. The firm is headquartered in New York, with a national presence in litigation.
More Articles from Lawyer Monthly