Silicon Laboratories, Inc. (SLAB)

Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Silicon Laboratories, Inc. (“Silicon Labs” or “the Company”) (NASDAQ: SLAB). Investors who purchased Silicon Labs securities are encouraged to obtain additional information and assist the investigation.

The investigation concerns whether Silicon Labs has violated federal securities laws.

Investigation Details:

On January 29, 2024, Silicon Labs issued a press release “announc[ing] a one-week delay to its scheduled earnings conference call for the quarter ended on December 30, 2023.” Silicon Labs stated that it “has determined that a material weakness in internal control related to the operation and documentation of certain inventory controls existed as of December 30, 2023” and that “[t]he delay in reporting allows additional time to evaluate the impact, if any, of the material weakness on the company’s financial reporting as of the end of the quarterly period.” On this news, Silicon Labs’ stock price fell sharply during intraday trading on January 30, 2024.

What’s Next?

If you are aware of any facts relating to this investigation or purchased Silicon Labs securities, you can assist this investigation. You can also contact Peretz Bronstein or his law clerk and client relations manager, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC: 332-239-2660.

There is No Cost to You

We represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys’ fees, usually a percentage of the total recovery, only if we are successful.

Why Bronstein, Gewirtz & Grossman:

Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide.

Attorney advertising. Prior results do not guarantee similar outcomes.

Contact:

Bronstein, Gewirtz & Grossman, LLC

Peretz Bronstein or Yael Nathanson

332-239-2660 | [email protected]