Class Action Filed Against Skyworks Solutions, Inc. (SWKS) - May 5, 2025 Deadline to Join – Contact Levi & Korsinsky
NEW YORK, April 18, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Skyworks Solutions, Inc. ('Skyworks' or the 'Company') (NASDAQ: SWKS) of a class action securities lawsuit.
CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Skyworks investors who were adversely affected by alleged securities fraud between July 30, 2024 and February 5, 2025. Follow the link below to get more information and be contacted by a member of our team:
https://zlk.com/pslra-1/skyworks-solutions-inc-lawsuit-submission-form?prid=143608&wire=3
SWKS investors may also contact Joseph E. Levi, Esq. via email at [email protected] or by telephone at (212) 363-7500.
CASE DETAILS: According to the complaint, defendants provided investors with material information concerning Skyworks' expected revenue for the fiscal year 2025. Defendants' statements included, among other things, confidence in Skyworks' ability to expand its mobile business and capitalize on its growth potential by investing in new technologies to diversify its portfolio of offerings. On February 5, 2025, after market close, Skyworks announced its financial results for the first quarter of fiscal year 2025 and provided lower-than anticipated revenue guidance for the second quarter of fiscal year 2025. The Company attributed its results and low guidance to a 'competitive landscape' that had 'intensified' in recent years. Following this news, the price of Skyworks' common stock declined dramatically. From a closing market price of $87.08 per share on February 5, 2025, Skyworks' stock price fell to $65.60 per share on February 6, 2025, a decline of over 24% in the span of just a single day.
WHAT'S NEXT? If you suffered a loss in Skyworks during the relevant time frame, you have until May 5, 2025 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate.
WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 17th Floor
New York, NY 10004
[email protected]
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Insider
3 days ago
- Business Insider
Leader Capital Markets Sticks to Its Buy Rating for Teva (TEVA)
In a report released today, Sabina Levi from Leader Capital Markets maintained a Buy rating on Teva (TEVA – Research Report), with a price target of ILA9,300.00. The company's shares closed last Thursday at ILA6,205.00. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter According to TipRanks, Levi is an analyst with an average return of -5.7% and a 0.00% success rate. Teva has an analyst consensus of Hold. TEVA market cap is currently ILs69.87B and has a P/E ratio of -14.31.
Yahoo
3 days ago
- Yahoo
This Virginia Small Business Is in Limbo As Owner Sues To Stop Trump's Tariffs
Even after scoring a huge victory against President Donald Trump's tariffs in federal court last week, David Levi still isn't sure if his small business will survive the trade war. "It's just been exhausting how uncertain it is," Levi, who started MicroKits in 2020 to get more kids interested in the hands-on science of electrical engineering, tells Reason. Imports are essential to the kits that Levi and his one employee assemble in a warehouse near Charlottesville, Virginia. For example, a kit that teaches kids how to build a small theremin requires a circuit board, resistors, capacitors, bits of wire, and plastic molding to hold batteries and other pieces in place. "I don't have millions and millions of dollars to spin up my own circuit board assembly line, and plastic mold injection, and everything," Levi says. Though he is running a small, niche operation, Microkits is in many ways a microcosm of American manufacturing. Levi provides the ideas and designs, and he oversees the final assembly of his products in America, but those products combine parts sourced from around the globe. About 60 percent of his inputs come from China, Levi says, which puts him more or less in line with American manufacturing as a whole. More than half the imports to the U.S. are raw materials, intermediate parts, or equipment—the stuff that manufacturing firms need to make things—rather than finished goods. It is those supply chains that the trade war is jeopardizing. He's had to put on hold plans to offer a new kit that would allow kids to build a musical synthesizer powered by the electrical current found in bananas (which are also getting more expensive, thanks to tariffs). "It's not a question of 'oh do you build the kits entirely in America or with international parts?'" Levi says. "It's a question of do you build the kits with international parts versus you don't build these science kits at all. And then, instead of kids getting a cool science project at Christmas, they just get another app on their iPad that they already have." Levi and MicroKits are plaintiffs in the lawsuit that briefly blocked many of Trump's tariffs last week when the U.S. Court of International Trade ruled that the president did not have the legal authority to impose those tariffs. Less than 24 hours later, that injunction was put on hold by a federal appeals court—leaving the tariffs in place, for now, and business owners like Levi in limbo. Next week will be pivotal. The U.S. Court of Appeals for the Federal Circuit gave the Trump administration until Monday to file its briefs for the next stage of the legal process. A full ruling on the merits of the case could take weeks or months, but the first thing the appeals court will have to decide is whether to maintain the temporary order blocking the lower court's injunction against the tariffs, says Jeffrey Schwab, senior counsel at the Liberty Justice Center, which is representing Levi and several other business owners in the lawsuit. "I'd be shocked—and disappointed, honestly—if they don't make a decision [regarding the stay] before Friday of next week," Schwab tells Reason. "So by next week at this time, hopefully we'll know." The post This Small Business Is in Limbo As Owner Sues To Stop Trump's Tariffs appeared first on
Yahoo
5 days ago
- Yahoo
12 Pride Month 2025 Collections from Brands We Can Actually Get Behind
If you purchase an independently reviewed product or service through a link on our website, Rolling Stone may receive an affiliate commission. Pride Month, as a summer-long celebration of diversity, acceptance and love, will continue on this year — though not without controversy. Within the past year or two, it seems to have become more socially acceptable for brands to scale back on or forgo entirely releasing 'Pride-themed' collaborations. We'd already seen merch get pulled before under the guise of 'safety' when faced with conservative backlash or controversy. But in a climate where brands like Target are rescinding many DEI efforts for employees — joining American corporations like Amazon, Walmart, and Ford — the companies who are still releasing Pride Month collections in 2025 are starting to stand out from the pack. More from Rolling Stone How to Watch the Zverev vs. Djokovic French Open Quarterfinal Today $100 Off the Apple Watch, and 9 Other Smartwatch Deals Worth Shopping How to Watch the Coco Gauff vs. Madison Keys French Open Quarterfinal Brands working with the LGBTQ community isn't new, but we've seen many more companies this year either choose to stay silent on their support (Nordstrom, Gap, and Kohl's, who all highlighted Pride Month efforts last year, have not done so this June), or pull their funding from Pride events entirely. According to a survey of more than 200 corporate executives by Gravity Research (a risk management advisory), 39% say they plan to scale back public Pride Month engagements this year. According to a YouGov study in 2024, though, nearly half of Americans say they prefer brands that are willing to get involved in social issues (the number jumps to 64% from just LGBTQ-identified respondents alone). Authenticity is clearly key here, and despite industry-wide hesitancy, the brands that are putting their money where their mouth is are choosing to donate to worthy causes and stand up to hate. We've rounded up several collaborations to shop for Pride Month 2025, from brands that are using their platform for good. Each of these collections either partner with LGBTQ artists, or have a portion of proceeds go to support a number of prominent and worthwhile causes. shop Now on levi's While any brand can just slap a rainbow on their usual offerings, Levi's 'Meet You In the Park' Pride collection this year is inspired by queer liberation iconography, paying homage to the history of togetherness and the importance of safe spaces for all LGBTQIA+ folks. This release comes off the heels of a majority of the company's shareholders overwhelmingly shutting down an attempt to roll back DEI initiatives. Levi's Pride 2025 collection was inspired by 'nightlife and early queer meeting spaces', taking design cues from historic queers symbols like the inverted pink triangle (a Nazi-era symbol that was worn by gay detainees in concentration camps), which was reclaimed in the Seventies by gay rights movement leaders. Levi's team also took visual references of the Archives of the GLBT Historical Society, especially for a denim jacket with the phrase 'I know you know' on the back, and the rainbow-themed patchwork and embroidered on their hats and shirts. $30.00 Buy Now on levi's How they support the community: Levi's also makes an annual $100,000 donation to OutRight Action International, a nonprofit working year-round to defend and advance human rights for LGBTQ people around the globe. shop Now on converse No matter how you celebrate Pride this year, whether you're packed in at a parade or just chilling at a bar with close friends, chances are you're going to need some sweet kicks as part of your Pride fit. Converse (who has some of our favorite footwear for festivals), has launched their eleventh annual 'Proud to Be' collection, a small but funky capsule of limited-edition versions of their best-selling sneakers. 'Converse has always stood with the proud, the daring and the unapologetic,' the website states. The 2025 collection reimagines iconic silhouette like the Chuck 70 and the Chuck Taylor All Star Lift Double Stack (now in bold animal prints), along with releasing the new Chuck Taylor All Star XXHi, a knee-high shoe with gradient rainbow flames. $110.00 Buy Now on converse How they support the community: Converse offers year-round support through annual grants, stating on their site that they've 'pledged and donated nearly $3.4M to local, national, and international organizations since we first launched our annual Pride campaign and collection in 2015.' Their current LGBTQ+ non-profit partners are listed as It Gets Better, The Ali Forney Center, Bagly, The Theatre Offensive, COC Netherlands, Homotopia and Iglyo. shop Now on skullcandy For those who's got their Pride playlist ready to play on blast, Skullcandy is turning up the volume this year with their 'All Love' collection of audio gear. With a Western rodeo theme (very apropos of the ongoing Cowboy Carter Tour), the site reads: 'Yeehaw, honey. Our Love Collection is here and they're riding in LOUD. Whether you're stompin' through the desert, strutting the main stage, these baddies are made to be seen and heard.' The collection features updated rainbow chrome versions of their Icon ANC headphones and pint-sized Dime Evo earbuds. The Dime Evo earbuds comes with a clip-on case and feature a noise-canceling fit with 36 hour battery life, while the Icon ANC headphones pack in active noise cancellation, a 60-hour battery, and better call quality with Skullcandy's Clear Voice Smart Mic. $59.99 Buy Now on skullcandy How they support the community: For the fourth year in a row, Skullcandy will donate a portion of the proceeds to To Write Love on Her Arms (TWLOHA), a nonprofit that connects the LGBTQIA+ community with the mental health resources they deserve. shop now on diesel For their third annual Pride collab, Diesel is teaming up with the Tom of Finland Foundation to drop a new collection coinciding with the organization's 40th anniversary. This year, a new set of artists from the foundation have taken selections from the erotic and queer art of Tom of Finland (the pseudonym of Touko Valio Laaksonen, a renowned Finnish homoerotic artist). The 'genderless' pieces range from T-shirts, to denim and even jockstraps with illustrations depicting cruising scenes of cops, construction workers and leather daddies. Some items in the collection also feature joyful images from Tom of Finland Foundation parties and fundraising events that took place between 1990 and 2005 (all the models shot in the campaign were also cast on Grindr). $195 Buy Now on diesel How they support the community: Proceeds from the Diesel Pride campaign will go to the Tom of Finland Foundation, which works to protect, preserve, document and educate the public about his work and other erotic artists. shop now on mac cosmetics Just in time for Pride festivities, Mac is launching its 'Viva Glam' campaign, featuring a new lipgloss co-created with Grammy-winning pop star Kim Petras. Along with being the first openly transgender artist to win a Grammy, Petras was also the face of Mac's Pride month campaign last year. Her limited-edition 'Viva Glam KIMmitment Lipglass Air' comes in a shimmering red new colorway with a formula that 'shines like glass. Feels like air.' The blend of pure botanical oils (like coconut and jojob) gives it a non-sticky shine that'll stay on nearly all day and feel lightweight on your lips. Plus, each do-gooder gloss comes embossed with Petras' own signature. $26.00 Buy Now on mac cosmetics How they support the community: Mac is committing to one of their largest Pride donations ever, not only donating 100% of the proceeds from the limited-edition lip gloss, but also pledging $1 million to LGBTQ+ charity partners, including The Trevor Project, Hetrick-Martin Institute, and It Gets Better. shop now on eyebuydirect With gradient rainbows, and bold color blocks, Eyebuydirect's 2025 Pride Collection celebrates every shade of pride. With an emphasis on personal expression, this line of frames includes customizable options and bold, retro-inspired frames like 'Stand Proud' and 'Make Change'. You'll find everything from rainbow-hued sunglasses in heart-shaped frames, to wire-frame prescription glasses in bright colors (the frames are all available sans-prescription, too, if you just want a stylish accessory). Running from now through June 30, the company is also collaborating with queer creators to amplify the message of the campaign. $66.00 Buy Now on eyebuydirect How they support the community: For the sixth year in a row, Eyebuydirect is partnering with The Trevor Project for Pride Month (they've donated over $230,000 since 2020 alone). Through June 30 of this year, 100% of the proceeds from their Pride Collection (up to $25,000), will be donated to help support LGBTQ+ youth. This Pride month has been a big win for inclusive athletic lines, and Puma is no different (another brand who have adamantly refused to roll back their support for DEI initiatives). This June, the The Equal Love Confederation is making sure all athletes feels represented, offering an exclusive line of vibrant street styles and sporty apparel inspired by 'the energy of the pitch with a dose of Y2K nostalgia, and the fluidity of shared closets.' Aimed at promoting visibility to the many voices of the LGBTQ+ community in sports, the gender-inclusive pieces are full of classic football silhouettes reimagined with bold colors and statement graphics (great for wearing to the stadium or your local parade). Puma's Pride 2025 collection also gives nod to terrace style footwear with a fresh twist with their Palermo Pride sneaker and Easy Rider Pride sneaker. $100.00 Buy Now on puma How they support the community: Puma is partnering again with The Trevor Project, supporting LGBTQ+ mental health and making a more inclusive environment for queer athletes in youth sports through initiatives like #REFORMTheLockerRoom. shop now on abercrombie & fitch Paying a vibrant tribute to the joy, strength, and resilience of the LGBTQ+ community, the Abercrombie 2025 Pride collection is full of brand new gender-inclusive pieces. This drop also lets you celebrate the community all year long, because beyond the typical rainbow fare (and a delightful Fire Island shirt), Abercrombie's Pride capsule includes odes to musicians beloved by their LGBTQ+ fans — from Britney Spears, to Lady Gaga and Orville Peck. As a whole, there are 15 new pieces ranging from $40-$90 including tops, pants, and accessories, and exceedingly rare these days, a six-piece Pride capsule for kids, ranging from $19.95 -$49.95. $40.00 Buy Now on a&F How they support the community: Abercrombie has raised over $5 million for The Trevor Project to date, and Pride 2025, the brand will donate $400,000 to the organization this year, regardless of sales. shop now on chubbies Summer's here, and if you're in desperate need of some new swim trunk kicks to wear to the bazillion pool parties this June, Chubbies 2025 Pride collection has got you covered. This year's capsule features a reimagined version of the brand's signature Neon Lights print, now layered with icons that honor LGBTQ+ culture and history. Each element, from the Pink Triangle to Red Shoes (a nod to 'Friends of Dorothy') and Bricks (a tribute to Stonewall), was thoughtfully chosen to represent a deeper story and shared experience of the community. The designs were a collaboration between Chubbies employees and actual customers from the LGBTQ+ community. $79.50 Buy Now on chubbies How they support the community: For each Pride style sold, Chubbies will donate $5 to Foundation 43, the nonprofit founded by Chubbies to provide access to effective mental health care and suicide prevention for LGBTQ youth. The company is partnership with with organizations like The Trevor Project, Black Men Heal, Active Minds, and more. shop now on jansport As functional as they are funky, this Pride month, JanSport is giving you the wearable equivalent of a best friend's pep talk. With a focus on supporting the mental health of LGBTQ+ youth, the Affirmation Pride version of their Superbreak Plus pack is covered in positive affirmations including 'You Are Loved.' Along with written affirmations, the new backpack features illustrations of rainbows and hearts, designed in collaboration with creators Jae Matthiesen, Dakota Wright and more. You take these bags to school, on day trips, or even to your next Pride parade. But JanSport shows that you don't need to cover your merch in just rainbows to support the community. $42.00 Buy Now on jansport How they support the community: Like many others, JanSport continues to support The Trevor Project year-round. Over the past five years, the brand has donated more than $250,000 to the organization. shop now on brooklinen One of our favorite bedding brands, Brooklinen, is back with their iconic Pride towel — and it's still serving softness, stripes, and support for the LGBTQ+ community. The Pride Stripe Beach Towel has returned for another year and is ready to make a splash all over again. Made with an elevated velour front and ultra-soft terry back, this oversized 34″ x 70″ towel is ready for everything from picnics in the park, to to Fire Island getaways, to rooftop hangs that go long into the night. Not only is it super plush, but it's also quick-drying if you need to towel down after a dip. $69.00 Buy Now on brooklinen How they support the community: Brooklinen is once again donating 100% of June proceeds to The Center, an affirming community center supporting NYC's LGBTQ+ population. shop Now on saucony Keith Haring was a visionary queer artist whose artwork was equal parts bold and accessible, and Saucy has partnered with the Haring studio to carry on 'his timeless message of unity' with their Pride 2025 collection. The Keith Haring x Saucony capsule features a bold makeover of three Saucony sneaker styles, including the ProGrid Triumph 4, the Ride 18, and the Shadow 6000 ($145-$175). Sizes will range from 5, 5.5 – 10, 11, 12 in Women's and 7, 7.5 – 11, 12, 13, 14 in Men's. Inspired by the the late artist's vibrant style, the footwear is full of splashes of color from the traditional rainbow and transgender Pride flags. You can also peep signature Haring details, from the genderless figures dancing across the sole and laces, to his iconic 'Love' tag. Saucony has described this collection as 'not a traditional collaboration,' but a 'tribute' in honor of Haring's work. $145.00 Buy Now on saucony How they support the community: Saucony's Pride line was made with care and permission from the Haring Studio and Artestar, who manage Haring's legacy. While Haring is no longer with us, his impact endures, and this collection was developed to celebrate that spirit authentically. Best of Rolling Stone The Best Audiophile Turntables for Your Home Audio System
