COMPANY |
Skyworks Solutions, Inc. |
COURT |
United States District Court for the Central District of California |
CASE NUMBER |
8:25-cv-00411 |
JUDGE |
The Hon. Karen E Scott |
CLASS PERIOD |
August 8, 2023, through February 5, 2025 |
SECURITY TYPE |
Securities |
Case Background:
A class action lawsuit was filed on behalf of those who purchased or otherwise acquired Skyworks Solutions, Inc. (“Skyworks”) (NASDAQ: SWKS) securities between August 7, 2023 and February 5, 2025, inclusive (the “Class Period”).
The complaint alleges that, throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) Skyworks’ long-standing relationship with Apple, its largest customer, did not guarantee that Apple would maintain its business relationship with Skyworks for its anticipated iPhone launch; (2) Skyworks oversold the company’s position and ability to capitalize on AI in the smartphone upgrade cycle; and (3) as a result, Defendants’ positive statements about the company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.
Current Status of Case:
On July 31, 2025, Lead Plaintiff filed the First Amended Complaint. This action is ongoing.
If you wish to discuss this action or have any questions concerning this notice or your rights or interests with respect to these matters, please contact Kessler Topaz Meltzer & Check, LLP: Jon Naji, Esq. (484) 270-1453 or via e-mail at info@ktmc.com. If you would like additional information about the suit, please click on the link "Submit Your Information" above and fill out the form as promptly as possible.