Rosen Law Firm Urges ON Semiconductor Investors to Act Before Class Action Deadline

NEW YORK, Jan. 17, 2024 (GLOBE NEWSWIRE) -- The Rosen Law Firm, recognized globally for its investor rights advocacy, is issuing a reminder to investors who purchased ON Semiconductor Corporation ON common stock. The period specified for affected investors stretches from May 1, 2023, through October 27, 2023, inclusively dubbed the 'Class Period'. The investors are advised to secure legal counsel prior to the impending deadline pertinent to the securities class action initiated post allegations of corporate malfeasance.

Investigation and Allegations

ON Semiconductor Corporation, known as 'onsemi', has become the subject of legal scrutiny following claims that the company may have provided misleading information to the investing public. Specifically, the allegations suggest that ON Semiconductor may have failed to disclose material adverse facts about the company's business, operational, and compliance policies. As a result, the firm’s statements about its business, operations, and prospects were allegedly materially false and misleading at all relevant times.

Legal Recourse for Investors

Investors who have purchased ON stock during the designated Class Period and suffered losses are encouraged to seek legal counsel with Rosen Law Firm, a venerable institution in securities class action suits. The firm's track record of successfully advocating for investors' rights across the globe establishes their position as a leading counsel in such matters. Potential claimants are urged to contact the firm to learn more about their rights and the recovery of their investments due to potential violations of federal securities laws.

Investors, Legal, Deadline