Alpha and Omega Semiconductor Limited Securities Litigation

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Lawsuit Overview

Defendant:Alpha and Omega Semiconductor Limited
Date Filed:March 19th, 2020
Sector:Technology
Industry:Semiconductors
Class Start Date:August 7th, 2019
Class End Date:February 5th, 2020

According to the Complaint, Alpha and Omega Semiconductor Limited designs, develops, and supplies power semiconductors. It purports to have a portfolio of over 2,100 products that target high volume applications, including personal computers, LED lighting, battery packs, home appliances, and consumer and industrial motor controls.

The Complaint alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company's business, operations, and prospects. Specifically, the Complaint alleges Defendants failed to disclose to investors: (1) that the Company's export control practices were in violation of applicable laws and regulations; (2) that, as a result, the Company was vulnerable to regulatory scrutiny and liability; and (3) that, as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects, were materially misleading and/or lacked a reasonable basis.

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First Identified Complaint

Darryl Gray, et al. v. Alpha and Omega Semiconductor Limited, et al.

Date Filed:March 19th, 2020
Class Period Start:August 7th, 2019
Class Period End:February 5th, 2020
First Identified Complaint Filings
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