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News  ›  GlobeNewswire Inc.

SNPS STOCK: Lose Money on Your Synopsys, Inc. Investment? Contact BFA Law about the Pending Securities Class Action before December 30 Deadline

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Bleichmar Fonti & Auld Llp
SNPS STOCK: Lose Money on Your Synopsys, Inc. Investment? Contact BFA Law about the Pending Securities Class Action before December 30 Deadline

Synopsys faces a securities class action lawsuit alleging securities fraud after revealing significant challenges in its Design IP segment, including increased customer customization requirements and declining financial performance.

Insights
CHD   positive

Reported 3% organic sales growth, raised full-year cash flow guidance, and maintained 29 consecutive years of dividend increases


SNPS   negative

Stock dropped 36% after revealing underperformance in Design IP segment, with revenue declining 7.7% year-over-year and net income dropping 43%, indicating significant business model challenges and potential misrepresentation of company performance to investors