Investigation Launched into Synopsys, Inc. Officers by Kahn Swick & Foti
Investigative Support for Synopsys, Inc.
In a significant development on February 20, 2026, former Attorney General of Louisiana, Charles C. Foti, Jr., who is now a partner at Kahn Swick & Foti, LLC (KSF), announced the initiation of an investigation targeting the officers and directors of Synopsys, Inc. (traded on Nasdaq under the symbol SNPS). This inquiry comes in the wake of a lawsuit filed by Cangrade, Inc., a firm specializing in hiring assessment platforms, which alleges that Synopsys engaged in the misappropriation of trade secrets in violation of both federal and state law.
Context of the Case
The legal proceedings, which began in February 2025, revolve around accusations that Synopsys unlawfully utilized proprietary information belonging to Cangrade during a software audit related to a prospective merger. Cangrade's lawsuit claims that Synopsys not only breached contract terms but also displayed professional negligence. Recent judicial decisions have allowed the case to progress, notably denying Synopsys' request for dismissal.
Investigation Focus
KSF's investigation is concentrated on whether Synopsys' executives acted in a manner that breached their fiduciary responsibilities towards shareholders, alongside potential violations of applicable laws. The allegations against the company underscore serious concerns about corporate governance and ethical practices within the organization.
Call for Information
In light of these developments, KSF encourages any individuals with relevant information, particularly long-term shareholders of Synopsys, to come forward. Those interested in discussing their legal rights can reach out without any obligation at KSF's toll-free number or email. Furthermore, additional details on the investigation can be found through their dedicated online portal.
About Kahn Swick & Foti, LLC
Kahn Swick & Foti is recognized as one of the leading boutique securities litigation firms in the United States. The firm operates with several offices across major cities including New York, California, and Louisiana, providing legal expertise to institutional and retail investors seeking recoveries from corporate fraud. Recently, the firm received accolades ranking among the top 10 in terms of total settlement value for the year, highlighting its effectiveness in securities litigation.
In closing, the unfolding story surrounding Synopsys and the allegations posed by Cangrade signifies a critical moment for stakeholders. The ongoing investigation by KSF may assist shareholders in navigating their legal standing, shedding light on corporate integrity within publicly traded firms.