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Submit Your Information for the Semtech Lawsuit

Lead plaintiff deadline is April 22, 2025.

If you purchased or acquired Semtech securities between August 27, 2024 through February 7, 2025, please contact Berger Montague using the form below.

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About the Lawsuit

On February 7, 2025, after the market closed, Semtech revealed that CopperEdge sales would not “ramp-up over the course of fiscal year 2026.” Based on feedback from a customer and discussions with end users, the Company would implement certain “rack architecture changes” and, as a result, Semtech expected CopperEdge sales to be “lower than the Company’s previously disclosed floor case estimate of $50 million.”

On this news, Semtech’s stock price fell $16.91, or 31%, to close at $37.60 per share on February 10, 2025.

Investors who purchased or acquired Semtech securities between August 27, 2024 through February 7, 2025, may no later than April 22, 2025, seek to be appointed as a lead plaintiff representative of the class.