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Rosen Law Firm Investigates Silvaco Group, Inc. for Potential Securities Violations

New York, New York—The Rosen Law Firm, recognized globally for advocating investor rights, has initiated an investigation concerning potential securities claims on behalf of shareholders of Silvaco Group, Inc. (NASDAQ: SVCO). This action follows allegations that the company may have disseminated materially misleading information concerning its business practices to investors.

Implications for Investors

For those who have purchased securities from Silvaco, there may be an opportunity to seek compensation without incurring any out-of-pocket costs, thanks to a contingency fee arrangement established by the Rosen Law Firm. The firm is preparing a class action aimed at recovering losses incurred by investors.

Next Steps for Interested Parties

Shareholders wanting to participate in the proposed class action can visit this link or reach out to Phillip Kim, Esq. at 866-767-3653, or by emailing case@rosenlegal.com for further information.

The Nature of the Allegations

On October 15, 2024, Silvaco issued a press release titled “Silvaco Announces Preliminary Unaudited Revenue for Q3 and Updates Full Year 2024.” In this release, the company revised its full-year revenue guidance downward, estimating revenues between $60 to $63 million, a decrease from the prior forecast of $63 to $66 million. Furthermore, the company’s projected year-over-year growth figures were also decreased from an initial estimate of 16% to 22% down to 10% to 16%.

This announcement resulted in a significant decline in Silvaco’s stock price, which plummeted by 32.6% the following day, reflecting investor concerns over the revised outlook.

Why Choose Rosen Law Firm?

Investors are urged to select legal representation that has a proven track record in managing such cases. The Rosen Law Firm is well-recognized in securities class action litigation, possessing the necessary resources and expertise to represent clients effectively. The firm has previously secured significant settlements for investors, including the largest securities class action settlement against a Chinese company at the time. They have consistently ranked highly for the number of securities class action settlements, recovering hundreds of millions of dollars for clients, including over $438 million in 2019 alone.

Laurence Rosen, a founding partner of the firm, received acknowledgment from law360 as one of the leading figures in the Plaintiff’s Bar in 2020, and many attorneys at Rosen Law Firm have been recognized by Lawdragon and Super Lawyers, reflecting the firm’s commitment to representing investor interests robustly.

For continual updates, follow Rosen Law Firm on LinkedIn, Twitter, or Facebook.

Attorney Advertising. Past results do not assure a similar outcome.

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For the original press release, see this link.

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