NEW YORK, Feb. 28, 2025 (GLOBE NEWSWIRE) — Leading securities law firm Bleichmar Fonti & Auld LLP announces that a lawsuit has been filed against Semtech Corp. (NASDAQ:SMTC) and certain of the Company’s senior executives for potential violations of the federal securities laws.
If you invested in Semtech, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/semtech-corp.
Investors have until April 22, 2025, to ask the Court to be appointed to lead the case. The complaint asserts claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors who purchased Semtech securities. The case is pending in the U.S. District Court for the Central District of California and is captioned Kleovoulos v. Semtech Corporation, et al., No. 25-cv-1474.
Why was Semtech Sued for Securities Fraud?
Semtech is a semiconductor and cloud connectivity service provider. The complaint alleges that …
