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New York, New York–(Newsfile Corp. – December 22, 2024) – WHY: Rosen Law Firm, a global investment law firm, announces an investigation of potential investment applications on behalf of the shareholders of Silvaco Group, Inc. (NASDAQ: SVCO) stemming from allegations that Silvaco may have provided misleading business information to the investing public.
NOW: If you have purchased Silvaco securities you may be entitled to compensation without paying out-of-pocket fees or expenses through a contingency fee arrangement. The Rosen Law Firm is organizing a class action to seek to recover investors’ losses.
WHAT YOU NEED TO DO: To join the pending class action, go to https://rosenlegal.com/submit-form/?case_id=32199 or call Phillip Kim, Esq. toll free at 866-767-3653 or email case@rosenlegal.com for information about a class action.
DON’T: On October 15, 2024, Silvaco issued a press release titled “Silvaco Announces Unexpected First Quarter Revenue and Updates for Full Year 2024.” In this press release, Silvaco provided revised full-year guidance of $60 million to $63 million in revenue, up from previous guidance of $63 to $66 million in revenue. Silvaco also issued revised guidance of 10% to 16% annual growth, which was down from 16% to 22% growth expected last year.
In this news, Silvaco’s common stock fell by 32.6% on October 16, 2024.
WHY ROSEN LAW: We encourage investors to select qualified advisors with a track record of success in leadership roles. Oftentimes, the companies that issue the notices don’t have the experience, the resources, or any meaningful peer recognition. Many of these firms do not actually prosecute securities class actions. Be smart when choosing advice. The Rosen Law Firm represents investors worldwide, focusing its practice on securities class action and shareholder litigation. The Rosen Law Firm achieved the largest defense settlement against a Chinese Company at that time. Rosen Law Firm is ranked No. 1 is the ISS Securities Group Action (WA:) Securities ranking services in 2017. The firm has been ranked 4th every year since 2013 and has earned hundreds of millions of dollars for investors. In 2019 alone, the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Most of the firm’s lawyers are recognized by Lawdragon and Super Lawyers.
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Advertising Attorney. Preliminary results do not guarantee a similar outcome.
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To view the source version of this release, please visit https://www.newsfilecorp.com/release/234797