Attention Silicon Laboratories Inc. Investors: Company Investigated by the Portnoy Law Firm
Investors can contact the law firm at no cost to learn more about recovering their losses
LOS ANGELES, March 11, 2024 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Silicon Laboratories Inc. (NasdaqGS: SLAB) investors that the law firm has initiated an investigation on behalf of investors that lost money on their Silicon stock. Silicon investors are encouraged to contact the firm to discuss their legal rights.
Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 310-692-8883 or email: lesley@portnoylaw.com, to discuss their legal rights, or click here to join the case via www.portnoylaw.com. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors’ options for pursuing claims to recover their losses.
On January 29, 2024, Silicon Labs announced a postponement of their earnings conference call, originally scheduled for the quarter ending December 30, 2023, by one week. The company has recognized a significant deficiency in its internal controls concerning certain inventory processes as of December 30, 2023. This delay will provide Silicon Labs additional time to assess any potential effects this weakness may have on its financial reports for the quarter.
Following this announcement, Silicon Labs' share price dropped by $7.91, or 6.02%, ending at $123.55 on January 30, 2024.
Please visit our website to review more information and submit your transaction information.
The Portnoy Law Firm represents investors in pursuing claims caused by corporate wrongdoing. The Firm’s founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.
Lesley F. Portnoy, Esq.
Admitted CA and NY Bar
lesley@portnoylaw.com
310-692-8883
www.portnoylaw.com
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