Synopsys Faces Securities Class Action Over Design IP and AI Disclosures as Dec. 30 Deadline Nears
Investors have until December 30 to seek lead-plaintiff appointment in the Northern District of California case.
Overview
- The lawsuit, captioned Kim v. Synopsys, Inc., No. 3:25-cv-09410, is pending in the U.S. District Court for the Northern District of California and the class has not been certified.
- Claims assert violations of Sections 10(b) and 20(a) of the Exchange Act and SEC Rule 10b-5 over allegedly false or misleading statements about the Design IP business and AI strategy.
- Plaintiffs allege AI-driven customer demands increased customization, lengthened timelines, and weakened the economics of Synopsys’ Design IP segment.
- On September 9, 2025, Synopsys reported its IP business underperformed, with Design IP revenue of $425.9 million and a 43% year-over-year drop in net income.
- Notices from Bleichmar Fonti & Auld, The Schall Law Firm, and DJS Law Group invite investors who bought shares from December 4, 2024 to September 9, 2025 to contact them before the December 30 deadline.