New York, New York–(Newsfile Corp. – December 25, 2024) – WHY: The Rosen Law Firm, a global investor rights law firm, announces an investigation of potential security claims on behalf of shareholders of Silvaco Group, Inc. (NASDAQ: SVCO) arising out of allegations that Silvaco may have released misleading business information to the investing public.
AND THEN: If you have purchased Silvaco securities you may be entitled to a refund without any out-of-pocket payment or expense through a possible installment payment arrangement. The Rosen Law Firm prepares a class action to seek recovery of investors' losses.
NEXT TO DO: To join the pending class action, go to https://rosenlegal.com/submit-form/?case_id=32199 or call Phillip Kim, Esq. call toll free at 866-767-3653 or email case@rosenlegal.com for information about the class action.
What is this about: On October 15, 2024, Silvaco issued a press release titled “Silvaco Announces Unaudited Preliminary Q3 Earnings and Full 2024 Update.” In this press release, Silvaco provided revised guidance for the full year of $60 to $63 million in revenue, down from the previous guidance of $63 to $66 million. Silvaco also provided revised guidance of 10% to 16% year-over-year growth, down from 16% to 22% year-over-year growth estimates.
On this news, Silvaco's common stock fell 32.6% on October 16, 2024.
WHY THE LAW CAME OUT: We encourage investors to select qualified advisors with a track record of success in leadership roles. Often times, the firms issuing the notices do not have comparable experience, resources, or any meaningful peer recognition. Most of these industries don't really need security measures. Be wise in choosing counsel. The Rosen Law Firm represents investors worldwide, focusing its practice on securities class actions and shareholder litigation. The Rosen Law Firm won the largest ever securities settlement for a Chinese company at the time. The Rosen Law Firm was ranked Level 1 by ISS Securities Action (WA:) Services for the number of securities class action settlements in 2017. The firm has been ranked in the top 4 every year since 2013 and has received hundreds of millions of dollars from investors. In 2019 alone the company secured over $438 million from investors. In 2020, founding partner Laurence Rosen was named by Law360 as a Titan of the Spot Bar. Many of the firm's lawyers are accredited by Lawdragon and Top Lawyers.
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Marketing Lawyer. Previous results do not confirm the same result.
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