Silicon Motion

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

Retrieved on: 
Monday, October 9, 2023

LOS ANGELES, Oct. 09, 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. 09, 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.

Silicon Motion Technology Corporation Investors: Lead Plaintiff Deadline is Approaching in the Class Action Against MaxLinear, Inc. (MXL); Contact Robbins LLP Today

Retrieved on: 
Thursday, October 5, 2023

What is this Case About: MaxLinear (MXL) Terminates the Merger with Silicon Motion Technology Corporation (SIMO)

Key Points: 
  • What is this Case About: MaxLinear (MXL) Terminates the Merger with Silicon Motion Technology Corporation (SIMO)
    According to the complaint, on May 5, 2022, MaxLinear and Silicon Motion announced the two companies had entered into a merger agreement pursuant to which MaxLinear would acquire Silicon Motion.
  • In response to this revelation, the price of Silicon Motion ADSs declined by over $41 to $52.51 per ADS.
  • What Now: Similarly situated shareholders may be eligible to participate in the class action against MaxLinear, Inc. Shareholders who want to act as lead plaintiff for the class must file their motion for lead plaintiff by October 31, 2023.
  • A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

SIMO Investors Have Opportunity to Lead Silicon Motion Technology Corporation Securities Fraud Lawsuit

Retrieved on: 
Thursday, October 12, 2023

LOS ANGELES, Oct. 12, 2023 /PRNewswire/ -- Glancy Prongay & Murray LLP ("GPM") announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Silicon Motion Technology Corporation ("Silicon Motion" or the "Company") (NASDAQ: SIMO ).

Key Points: 
  • LOS ANGELES, Oct. 12, 2023 /PRNewswire/ -- Glancy Prongay & Murray LLP ("GPM") announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Silicon Motion Technology Corporation ("Silicon Motion" or the "Company") (NASDAQ: SIMO ).
  • If you wish to serve as lead plaintiff of the Silicon Motion lawsuit, you can submit your contact information at www.glancylaw.com/cases/Silicon-Motion-Technology-Corporation/ .
  • You can also contact Charles H. Linehan, of GPM at 310-201-9150, Toll-Free at 888-773-9224, or via email at [email protected] to learn more about your rights.
  • This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

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

Retrieved on: 
Tuesday, October 3, 2023

NEW YORK, Oct. 03, 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. 03, 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.

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

Retrieved on: 
Monday, October 2, 2023

LOS ANGELES, Oct. 02, 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. 02, 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.

Silicon Motion Technology Corporation (SIMO) Stock Alert: Investors with Large Losses Should Contact Robbins LLP for Information About Recovery Against MaxLinear, Inc. (MXL)

Retrieved on: 
Wednesday, September 27, 2023

For more information, submit a form , email Aaron Dumas, Jr., or give us a call at (800) 350-6003.

Key Points: 
  • For more information, submit a form , email Aaron Dumas, Jr., or give us a call at (800) 350-6003.
  • What is this Case About: MaxLinear (MXL) Terminates the Merger with Silicon Motion Technology Corporation (SIMO)
    According to the complaint, on May 5, 2022, MaxLinear and Silicon Motion announced the two companies had entered into a merger agreement pursuant to which MaxLinear would acquire Silicon Motion.
  • In response to this revelation, the price of Silicon Motion ADSs declined by over $41 to $52.51 per ADS.
  • You do not have to participate in the case to be eligible for a recovery.

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

Retrieved on: 
Monday, September 25, 2023

NEW YORK, Sept. 25, 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, Sept. 25, 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.

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

Retrieved on: 
Monday, September 25, 2023

LOS ANGELES, Sept. 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, Sept. 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.

Silicon Motion Provides Certain Details Regarding MaxLinear’s Surprise Termination of the Merger Agreement

Retrieved on: 
Thursday, September 21, 2023

TAIPEI, Taiwan and MILPITAS, Calif., Sept. 21, 2023 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NASDAQGS: SIMO) (“Silicon Motion” or “the Company”) today disclosed additional details regarding MaxLinear’s termination of its May 5, 2022 agreement to acquire the Company (the “Merger Agreement”).

Key Points: 
  • TAIPEI, Taiwan and MILPITAS, Calif., Sept. 21, 2023 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NASDAQGS: SIMO) (“Silicon Motion” or “the Company”) today disclosed additional details regarding MaxLinear’s termination of its May 5, 2022 agreement to acquire the Company (the “Merger Agreement”).
  • Upon receiving SAMR approval, Silicon Motion executives sent congratulatory messages to MaxLinear’s CFO and CEO in anticipation of officially closing the transaction following receipt of this regulatory approval.
  • Approximately 10 hours after SAMR announced its approval of the merger, Silicon Motion received the termination letter from MaxLinear.
  • MaxLinear’s purported termination and material breach of its Merger Agreement with the Company will be the subject of an arbitration for substantial damages in excess of the termination fee in the Singapore International Arbitration Centre, as provided under the Merger Agreement.

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

Retrieved on: 
Monday, September 18, 2023

LOS ANGELES, Sept. 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, Sept. 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.