Investigation Into Silicon Laboratories Inc. (SLAB) Announced by Holzer & Holzer, LLC

ATLANTA, Feb. 01, 2024 (GLOBE NEWSWIRE) — Holzer & Holzer, LLC is investigating whether Silicon Laboratories Inc. (“Silicon Labs” or the “Company”) (NASDAQ: SLAB) complied with federal securities laws. On January 29, 2024, the Company postponed its scheduled earnings conference call, disclosing that it “determined that a material weakness in internal control related to the operation and documentation of certain inventory controls existed as of December 30, 2023. The delay in reporting allows additional time to evaluate the impact, if any, of the material weakness on the company’s financial reporting as of the end of the quarterly period.” Following this news, the price of the Company’s stock dropped.

If you purchased Silicon Labs stock and suffered a loss on that investment, you are encouraged to contact Corey Holzer, Esq. at cholzer@holzerlaw.com or Joshua Karr, Esq. at jkarr@holzerlaw.com, call our toll-free number at (888) 508-6832, or visit our website at www.holzerlaw.com/case/silicon-labs/ to discuss your legal rights.

Holzer & Holzer, LLC, an ISS top rated securities litigation law firm for 2021 and 2022, dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. Since its founding in 2000, Holzer & Holzer attorneys have played critical roles in recovering hundreds of millions of dollars for shareholders victimized by fraud and other corporate misconduct. More information about the firm is available through its website, www.holzerlaw.com, and upon request from the firm. Holzer & Holzer, LLC has paid for the dissemination of this promotional communication, and Corey Holzer is the attorney responsible for its content. 

CONTACT: 
Corey Holzer, Esq.
(888) 508-6832 (toll-free)
cholzer@holzerlaw.com