Investors of ON Semiconductor Urged to Contact Legal Counsel Ahead of Class Action Deadline

Investors who purchased shares of ON Semiconductor Corporation ON between May 1, 2023, and October 27, 2023, are being urged by Rosen Law Firm, a globally recognized investor rights legal firm, to seek counsel before the upcoming deadline for a securities class action lawsuit. The firm emphasizes the critical need for affected shareholders to join the class action to potentially recover their investments consequent to possible violations of federal securities laws.

Background of the Class Action

Detailed within the complaint is the allegation that ON Semiconductor may have issued materially misleading business information to the investing public during the specified class period. As a result, investors suffered damages when the true details entered the market. The class action aims to recover compensatory damages for investors under federal securities laws.

Key Dates and Participation Criteria

Shareholders who acquired ON common stock during the class period of May through October 2023 and incurred losses are eligible to partake in the class action lawsuit. The Rosen Law Firm stresses the importance of the deadline, urging investors to contact them in due time to secure their legal rights and appropriate representation in the lawsuit.

investors, securities, legal