INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf Of Investors Of Skyworks Solutions, Inc. - SWKS

2025-03-03 01:16:15

(MENAFN- PR Newswire)

NEW YORK, March 3, 2025 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Skyworks Solutions, Inc. ("Skyworks" or the "Company") (NASDAQ: SWKS ). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.

The investigation concerns whether Skyworks and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.

[Click here for information about joining the class action]

On February 5, 2025, Skyworks issued a press release reporting its financial results for its fiscal quarter ended December 27, 2024. Among other items, Skyworks reported a greater than anticipated decline in quarterly revenue and stated that "[w]e anticipate a mid-to-high teens sequential decline in mobile[.]" Separately, Skyworks announced the appointment of Philip Brace as the Company's President and Chief Executive Officer, effective February 17, 2025.

On this news, Skyworks' stock price fell $21.48 per share, or 24.67%, to close at $65.60 per share on February 6, 2025.

Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See .

Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Danielle Peyton
Pomerantz LLP
[email protected]
646-581-9980 ext. 7980

SOURCE Pomerantz LLP

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