#USA #New York #Class Action #Investor Recovery #Skyworks Solutions

Class Action Filed Against Skyworks Solutions, Inc.

On March 28, 2025, the law firm Levi & Korsinsky, LLP announced the commencement of a class action lawsuit against Skyworks Solutions, Inc. (NASDAQ: SWKS). This action is aimed at securing compensation for investors who suffered losses due to alleged securities fraud that transpired between July 30, 2024, and February 5, 2025.

Background of the Case

The core of the lawsuit centers on misleading information that Skyworks provided regarding its anticipated revenue for the fiscal year 2025. The firm had assured investors of its robust potential for growth, especially in expanding its mobile business and diversifying its product portfolio through innovative technology. However, on February 5, 2025, Skyworks disclosed its financial results for the first quarter, revealing discouraging revenue estimates for the upcoming quarter which were much lower than the market expectations.

In response to the announcement, which cited an increasingly competitive market as a contributing factor to the disappointing performance, Skyworks' stock plummeted dramatically. From a closing price of $87.08 on the day of the announcement, shares fell to $65.60 the following day, marking a significant loss of over 24% in one day.

What Investors Should Do

Eligible investors who endured financial losses during this class action period are advised to act quickly; the deadline to apply for lead plaintiff status is May 5, 2025. Being designated as a lead plaintiff is not a requirement for participating in any potential recovery, making it essential for affected shareholders to engage.

No Financial Burden to Participants

One of the appealing aspects of joining this class action is that there are no upfront costs for investors. If you are recognized as a class member, you qualify for potential compensation without the burden of attorney fees or costs upfront—there is no financial obligation to partake in this lawsuit.

Why Choose Levi & Korsinsky?

Levi & Korsinsky stands out due to its extensive history in successfully representing investors in securities litigation, having secured hundreds of millions for shareholders over the past two decades. The firm boasts a strong team of more than 70 professionals dedicated to advancing the interests of clients amidst complex litigation. Furthermore, their consistent ranking in ISS Securities Class Action Services' Top 50 Report as one of the leading securities litigation firms in the U.S. underscores their capability.

Contact Information for Investors

If you are a shareholder of Skyworks Solutions and wish to learn more about your options, please reach out to Joseph E. Levi, Esq. at Levi & Korsinsky, LLP for further assistance. Contact details include email: [email protected] or phone: (212) 363-7500.

Investors are encouraged to stay informed and take proactive steps in participating in this class action to seek justice and recovery for their investments.

For more information on how to file a claim and join the lawsuit, visit Levi & Korsinsky's website.