INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Silicon Motion Technology Corporation (SIMO) on Behalf of Investors
Law Offices of Howard G. Smith announces an investigation on behalf of Silicon Motion Technology Corporation (“Silicon Motion” or the “Company”) (NASDAQ: SIMO ) investors concerning the Company’s possible violations of federal securities laws.
- Law Offices of Howard G. Smith announces an investigation on behalf of Silicon Motion Technology Corporation (“Silicon Motion” or the “Company”) (NASDAQ: SIMO ) investors concerning the Company’s possible violations of federal securities laws.
- 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 share on July 27, 2023, thereby injuring investors.
- This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.