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The filed complaint alleges that Silicon Laboratories Inc. made materially false and/or misleading statements and/or failed to disclose that: Silicon Laboratories announced on January 30, 2024, that the Company was delaying its scheduled earnings call for Q4 2023 by one week due to a material weakness in internal controls related to inventory controls. Following this news, shares of Silicon Laboratories, Inc. stock dropped over 3%.
In order to be eligible to join the SLAB class action lawsuit, you must have incurred a loss on shares of Silicon Laboratories purchased during the class period listed above.
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