Skyworks fraud lawsuit survives dismissal, shareholders can seek reforms and compensation.

A federal securities fraud class action against Skyworks Solutions and some of its officers has survived a motion to dismiss. The lawsuit alleges that Skyworks misled investors about its revenue prospects for 2025, including overstating its relationship with Apple and its ability to benefit from AI in smartphone upgrades. The court found the allegations plausible and allowed the case to proceed. Shareholders who bought Skyworks shares before July 30, 2024, and still hold them can pursue corporate reforms and potential compensation at no cost.