Synopsys Investors Face Dec. 30 Deadline to Seek Lead Role in Securities Class Action
The suit focuses on alleged misstatements about Design IP strain from AI-driven customization.
Overview
- Kim v. Synopsys, Inc., No. 3:25-cv-09410, is pending in the U.S. District Court for the Northern District of California covering purchases from December 4, 2024 through September 9, 2025.
- Plaintiffs bring claims under Sections 10(b) and 20(a) of the Exchange Act and SEC Rule 10b-5, and no class has been certified.
- Multiple firms, including Rosen, Faruqi & Faruqi, Schall, DJS Law Group, Bleichmar Fonti & Auld, Levi & Korsinsky, and ClaimsFiler/Kahn Swick & Foti, are soliciting investors to move for lead plaintiff by December 30, 2025.
- On September 9, 2025, Synopsys reported $1.740 billion in revenue below prior guidance, a 43% year-over-year decline in net income, and a 7.7% drop in Design IP revenue with guidance indicating a full-year decline.
- The stock fell about 35.8% to $387.78 on September 10 after the company said IP customers increasingly require customization that takes longer and needs more resources.