ROSEN, A PREMIER LAW FIRM, PROMPTS ON SEMICONDUCTOR INVESTORS TO ACT BEFORE DEADLINE IN CLASS ACTION LAWSUIT

NEW YORK, Jan. 25, 2024 – Investors who have suffered losses investing in ON Semiconductor Corporation ON are being urged to contact legal counsel ahead of a pivotal deadline. Rosen Law Firm, recognized worldwide for its investor advocacy, is reminding shareholders of their rights in a class action suit against ON Semiconductor. The complaint focuses on the period between May 1, 2023, and October 27, 2023. During this time, known as the 'Class Period,' investors who purchased ON Semiconductor’s common stock may have been impacted by alleged corporate misdeeds.

Understanding the Allegations

The legal action alleges ON Semiconductor and certain of its executives misled shareholders about the company’s financial health and operations. This potentially deceptive information could have adversely affected investment decisions during the Class Period. Rosen Law Firm is gearing up to represent shareholders who incurred losses during this timeframe, and is enlisting participants before the court-mandated deadline.

Implications for ON Semiconductor Investors

Those who held shares of ON Semiconductor ON between the specified dates and incurred losses are now faced with a decision—whether to join the class action lawsuit spearheaded by Rosen Law Firm. The firm stresses the significance of acting swiftly to ensure legal rights are retained and to potentially recoup financial losses.

Next Steps for Affected Shareholders

Investors considering joining the class action must identify themselves and secure legal representation. Rosen Law Firm has established a reputation for diligence and success in representing shareholders in similar securities class actions. By rallying affected ON Semiconductor shareholders, the firm aims to hold the corporation accountable and obtain restitution for investors’ losses.

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