Philadelphia, Pennsylvania--(Newsfile Corp. - May 10, 2026) - What is Happening? Grabar Law Office is investigating claims on behalf of shareholders of Skyworks Solutions, Inc. (NASDAQ: SKWS) as a securities fraud class action has survived a motion to dismiss. The investigation concerns whether certain officers and directors breached the fiduciary duties they owed to the company.
If you purchased Skyworks Solutions, Inc. (NASDAQ: SKWS) shares prior to July 30, 2024, and still hold shares today, you can seek corporate reforms, the return of funds back to the company, and a court approved incentive award at no cost to you whatsoever. Please visit https://grabarlaw.com/the-latest/skyworks-shareholder-investigation/, contact Joshua Grabar at jgrabar@grabarlaw.com, or call 267-507-6085 to learn more.
Why? Key allegations of a federal securities fraud class action complaint filed against Skyworks Solutions, Inc. (NASDAQ: SKWS) and certain of its officers have now survived a motion to dismiss.
The underlying complaint alleges that Skyworks, through certain of its officers, 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. It is alleged that Defendants provided these overwhelmingly positive statements to investors while, at the same time, disseminating materially false and misleading statements and/or concealing material adverse facts concerning the true state of Skyworks' client base; notably, that its long-standing relationship with Apple, its largest customer, did not guarantee that Apple would maintain its business relationship with Skyworks for its anticipated iPhone launch. Additionally, the Complaint alleges Defendants oversold Skyworks' position and ability to capitalize on AI in the smartphone upgrade cycle.
On May 6, 2026, the United States District Court for the Central District of California determined that: "Plaintiffs have shown with the requisite plausibility through their confidential witnesses, competitor statements, and analyst reports that material omissions could have been made." Further, "the allegations in the complaint, taken collectively, give rise to a cogent and compelling inference of scienter that is at least as strong as any opposing innocent inference."
What Can You Do Now? If you purchased Skyworks Solutions, Inc. (NASDAQ: SKWS) shares prior to July 30, 2024, and still hold shares today, you are encouraged to visit https://grabarlaw.com/the-latest/skyworks-shareholder-investigation/, contact Joshua Grabar at jgrabar@grabarlaw.com, or call 267-507-6085. You can seek corporate reforms, the return of funds back to the company, and a court approved incentive award at no cost to you whatsoever.
#SKWS $SKWS #Skyworks
Attorney Advertising Disclaimer
Contact:
Joshua H. Grabar, Esq.
Grabar Law Office
One Liberty Place
1650 Market Street, Suite 3600
Philadelphia, PA 19103
Tel: 267-507-6085
Email: jgrabar@grabarlaw.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/296850
Source: Grabar Law Office