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News  ›  GlobeNewswire Inc.

Synopsys, Inc. Securities Fraud Class Action Result of Financial Issues and +34% Stock Decline - Investors may Contact Lewis Kahn, Esq, @ KSF

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Kahn Swick & Foti, Llc
Synopsys, Inc. Securities Fraud Class Action Result of Financial Issues and +34% Stock Decline - Investors may Contact Lewis Kahn, Esq, @ KSF

Synopsys faces a securities class action lawsuit alleging failure to disclose material financial information, resulting in a 35.8% stock price decline after reporting lower-than-expected quarterly revenue and net income.

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Company reported a 43% year-over-year decline in net income, missed quarterly revenue guidance, and experienced a significant 35.8% stock price drop, indicating serious financial and potential legal challenges