Silicon Motion

Silicon Motion Announces Annual Cash Dividend Payable Quarterly

Retrieved on: 
Monday, October 30, 2023
Silicon Motion, MaxLinear, Growth, Motion, Acquisition, Silicon, Holding company

TAIPEI, Taiwan and MILPITAS, Calif., Oct. 30, 2023 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NasdaqGS: SIMO)(“Silicon Motion” or the “Company”), a global leader in designing and marketing NAND flash controllers for solid state storage devices, announces today its annual cash dividend of $2.00 per ADS.

Key Points: 
  • “Silicon Motion has had a long history of returning cash to shareholders through our dividend program.
  • Our business continues to generate strong cash flow and we believe that we are well positioned to drive long-term growth of our business and improve profitability.
  • While the dividend program was halted in 2022 due to the proposed acquisition by MaxLinear, our Board has decided to reinstate our annual cash dividend payments now that we have terminated the transaction,” said Wallace Kou, President and CEO of Silicon Motion.
  • The payment of the annual dividend to be paid in quarterly installments will be made according to the anticipated record and payment dates unless subsequently changed by the Board.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Silicon Motion Technology Corporation - SIMO

Retrieved on: 
Friday, October 27, 2023
Silicon, Prior, ADR, News, Motion, Silicon Motion, Mergers and acquisitions, Pomerantz, MaxLinear, Private investigator

NEW YORK, Oct. 27, 2023 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Silicon Motion Technology Corporation (“Silicon Motion” or the “Company”) (NASDAQ: SIMO).

Key Points: 
  • NEW YORK, Oct. 27, 2023 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Silicon Motion Technology Corporation (“Silicon Motion” or the “Company”) (NASDAQ: SIMO).
  • The investigation concerns whether Silicon Motion and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
  • On May 5, 2022, MaxLinear, Inc. (“MaxLinear”) and Silicon Motion announced the two companies had entered into a merger agreement pursuant to which MaxLinear would acquire Silicon Motion.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions.

The Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Silicon Motion Technology Corporation (SIMO)

Retrieved on: 
Monday, October 30, 2023
Class Action Lawsuit, Professional Services, Legal, Suite, Silicon, News, Court, Motion, Law, SIMO, Silicon Motion, American depositary receipt, ADS, MaxLinear, Defendant, Mergers and acquisitions

The Law Offices of Frank R. Cruz reminds investors of the upcoming October 31, 2023 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who acquired Silicon Motion Technology Corporation (“Silicon Motion” or the “Company”) (NASDAQ: SIMO ) American Depositary Shares (“ADSs”) between June 6, 2023 and July 26, 2023, inclusive (the “Class Period”).

Key Points: 
  • The Law Offices of Frank R. Cruz reminds investors of the upcoming October 31, 2023 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who acquired Silicon Motion Technology Corporation (“Silicon Motion” or the “Company”) (NASDAQ: SIMO ) American Depositary Shares (“ADSs”) between June 6, 2023 and July 26, 2023, inclusive (the “Class Period”).
  • On July 26, 2023, MaxLinear announced that it was terminating a merger agreement with Silicon Motion less than a day after Chinese regulatory authorities had approved the combination.
  • On this news, Silicon Motion’s stock price fell $12.84, or 19.6%, to close at $52.51 per ADS on July 27, 2023, thereby injuring investors.
  • To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.

Final Deadline Alert: SIMO INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces That Silicon Motion Technology Corporation Investors With Substantial Losses Have Opportunity to Lead Class Action Lawsuit!

Retrieved on: 
Friday, October 27, 2023
Class Action Lawsuit, Professional Services, Legal, Person, Court, Motion, SIMO, Silicon Motion, Complaint, MaxLinear, Insurance, Silicon, Mergers and acquisitions

Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Silicon Motion Technology Corporation (“Silicon Motion” or “the Company”) (NASDAQ: SIMO) and certain of its officers.

Key Points: 
  • Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Silicon Motion Technology Corporation (“Silicon Motion” or “the Company”) (NASDAQ: SIMO) and certain of its officers.
  • Such investors are encouraged to join this case by visiting the firm’s site: bgandg.com/simo .
  • or his Law Clerk and Client Relations Manager, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC at 332-239-2660.
  • Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits.

Glancy Prongay & Murray LLP Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Silicon Motion Technology Corporation (SIMO)

Retrieved on: 
Wednesday, October 25, 2023
Suite, Silicon, News, Court, Motion, SIMO, American depositary receipt, GPM, ADS, MaxLinear, Defendant, Security (finance), Silicon Motion, Mergers and acquisitions

LOS ANGELES, Oct. 25, 2023 (GLOBE NEWSWIRE) -- Glancy Prongay & Murray LLP (“GPM”) reminds investors of the upcoming October 31, 2023 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired Silicon Motion Technology Corporation (“Silicon Motion” or the “Company”) (NASDAQ: SIMO ) American Depositary Shares (“ADSs”) between June 6, 2023 and July 26, 2023, inclusive (the “Class Period”).

Key Points: 
  • LOS ANGELES, Oct. 25, 2023 (GLOBE NEWSWIRE) -- Glancy Prongay & Murray LLP (“GPM”) reminds investors of the upcoming October 31, 2023 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired Silicon Motion Technology Corporation (“Silicon Motion” or the “Company”) (NASDAQ: SIMO ) American Depositary Shares (“ADSs”) between June 6, 2023 and July 26, 2023, inclusive (the “Class Period”).
  • On this news, Silicon Motion’s stock price fell $12.84, or 19.6%, to close at $52.51 per ADS on July 27, 2023, thereby injuring investors.
  • If you purchased or otherwise acquired Silicon Motion ADSs during the Class Period, you may move the Court no later than October 31, 2023 to request appointment as lead plaintiff in this putative class action lawsuit.
  • To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Silicon Motion Technology Corporation - SIMO

Retrieved on: 
Thursday, October 19, 2023
Silicon, Prior, ADR, News, Motion, Silicon Motion, Mergers and acquisitions, Pomerantz, MaxLinear, Private investigator

NEW YORK, Oct. 19, 2023 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Silicon Motion Technology Corporation (“Silicon Motion” or the “Company”) (NASDAQ: SIMO).

Key Points: 
  • NEW YORK, Oct. 19, 2023 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Silicon Motion Technology Corporation (“Silicon Motion” or the “Company”) (NASDAQ: SIMO).
  • The investigation concerns whether Silicon Motion and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
  • On May 5, 2022, MaxLinear, Inc. (“MaxLinear”) and Silicon Motion announced the two companies had entered into a merger agreement pursuant to which MaxLinear would acquire Silicon Motion.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions.

MaxLinear, Inc. Announces Third Quarter 2023 Financial Results

Retrieved on: 
Wednesday, October 25, 2023
Networks, Internet, Hardware, Engineering, Technology, Semiconductor, Manufacturing, Mobile, Wireless, Research, Risk, Security (finance), Silicon, Government, Regulation, Item, Conference, GAAP, Motion, Intellectual property, Acquisition, Bank statement, Silicon Motion, Environment, Regulation S-K, Growth, MXL, Consultant, Annual report, Investment, Stock dilution, Failure, SECURE Act, Mobile phone, Video game, Bank, Risk management, Bookkeeping, Wi-Fi, MaxLinear

MaxLinear, Inc. (Nasdaq: MXL), a leading provider of radio frequency (RF), analog, digital and mixed-signal integrated circuits, today announced financial results for the third quarter ended September 30, 2023.

Key Points: 
  • MaxLinear, Inc. (Nasdaq: MXL), a leading provider of radio frequency (RF), analog, digital and mixed-signal integrated circuits, today announced financial results for the third quarter ended September 30, 2023.
  • Non-GAAP income from operations was 5% of net revenue, compared to 16% in the prior quarter, and 34% in the year-ago quarter.
  • Non-GAAP diluted earnings per share was $0.02, compared to $0.34 in the prior quarter, and $1.05 in the year-ago quarter.
  • MaxLinear will host its third quarter financial results conference call today, October 25, 2023 at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time).

Glancy Prongay & Murray LLP Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Silicon Motion Technology Corporation (SIMO)

Retrieved on: 
Wednesday, October 18, 2023
Suite, Silicon, News, Court, Motion, SIMO, American depositary receipt, GPM, ADS, MaxLinear, Defendant, Silicon Motion, Mergers and acquisitions

LOS ANGELES, Oct. 18, 2023 (GLOBE NEWSWIRE) -- Glancy Prongay & Murray LLP (“GPM”) reminds investors of the upcoming October 31, 2023 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired Silicon Motion Technology Corporation (“Silicon Motion” or the “Company”) (NASDAQ: SIMO ) American Depositary Shares (“ADSs”) between June 6, 2023 and July 26, 2023, inclusive (the “Class Period”).

Key Points: 
  • LOS ANGELES, Oct. 18, 2023 (GLOBE NEWSWIRE) -- Glancy Prongay & Murray LLP (“GPM”) reminds investors of the upcoming October 31, 2023 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired Silicon Motion Technology Corporation (“Silicon Motion” or the “Company”) (NASDAQ: SIMO ) American Depositary Shares (“ADSs”) between June 6, 2023 and July 26, 2023, inclusive (the “Class Period”).
  • On this news, Silicon Motion’s stock price fell $12.84, or 19.6%, to close at $52.51 per ADS on July 27, 2023, thereby injuring investors.
  • If you purchased or otherwise acquired Silicon Motion ADSs during the Class Period, you may move the Court no later than October 31, 2023 to request appointment as lead plaintiff in this putative class action lawsuit.
  • To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.

SIMO INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Silicon Motion Technology Corporation Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit!

Retrieved on: 
Monday, October 23, 2023
Class Action Lawsuit, Professional Services, Legal, Person, Court, Motion, SIMO, Silicon Motion, Complaint, MaxLinear, Insurance, Silicon, Mergers and acquisitions

Attorney Advertising-- Bronstein, Gewirtz & Grossman, LLC a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Silicon Motion Technology Corporation (“Silicon Motion” or “the Company”) (NASDAQ: SIMO) and certain of its officers.

Key Points: 
  • Attorney Advertising-- Bronstein, Gewirtz & Grossman, LLC a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Silicon Motion Technology Corporation (“Silicon Motion” or “the Company”) (NASDAQ: SIMO) and certain of its officers.
  • Such investors are encouraged to join this case by visiting the firm’s site: bgandg.com/simo .
  • or his Law Clerk and Client Relations Manager, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC at 332-239-2660.
  • Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Silicon Motion Technology Corporation - SIMO

Retrieved on: 
Wednesday, October 11, 2023
Pomerantz, Motion, MaxLinear, Mergers and acquisitions, Silicon Motion, News, Silicon, ADR, Private investigator

NEW YORK, Oct. 11, 2023 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Silicon Motion Technology Corporation (“Silicon Motion” or the “Company”) (NASDAQ: SIMO).

Key Points: 
  • NEW YORK, Oct. 11, 2023 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Silicon Motion Technology Corporation (“Silicon Motion” or the “Company”) (NASDAQ: SIMO).
  • The investigation concerns whether Silicon Motion and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
  • On May 5, 2022, MaxLinear, Inc. (“MaxLinear”) and Silicon Motion announced the two companies had entered into a merger agreement pursuant to which MaxLinear would acquire Silicon Motion.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions.