Press release
Investigation announced for Long-Term Investors in shares of Skyworks Solutions, Inc. (NASDAQ: SWKS) over potential Wrongdoing
An investigation on behalf of current long term investors in Skyworks Solutions, Inc. (NASDAQ: SWKS) shares.
Investors who are current long term investors in Skyworks Solutions, Inc. (NASDAQ: SWKS) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm for current long term investors in NASDAQ: SWKS stocks follows a lawsuit filed against Skyworks Solutions, Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ: SWKS stocks, concerns whether certain Skyworks Solutions, Inc. directors are liable in connection with the allegations made in that lawsuit.
According to that complaint filed in the U.S. District Court for the Central District of California the plaintiff alleges that, the defendants made false and/or misleading statements and/or failed to disclose that defendants created the false impression that they possessed reliable information pertaining to Skyworks' projected revenue outlook and anticipated growth while also minimizing risk from smartphone upgrade cycles and macroeconomic fluctuations, that Skyworks' optimistic reports of growth, earnings potential, and anticipated margins fell short of reality as they relied far too heavily on Skyworks' partnership with its largest customer and launch of that customer's newest phone, and that Skyworks was not equipped to execute on their perceived growth potential.
Those who purchased shares of Skyworks Solutions, Inc. (NASDAQ: SWKS) have certain options and should contact the Shareholders Foundation.
Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
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