MICROCHIP TECHNOLOGY INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Microchip Technology Incorporated - MCH...
Microchip Technology Incorporated (MCHP)
Last microchip technology incorporated earnings: 2/4 04:10 pm
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Source: Business Wire
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF has commenced an investigation into Microchip Technology Incorporated (NasdaqGS: MCHP).In late May 2018, the Company announced the completion of its acquisition of Microsemi Corporation, assuring shareholders of its success, that the “deal is accretive on day one without doing anything, without any synergy,” and was “strategically and financially, a very compelling transaction.” However, just months later, on August 9, 2018, the company disclosed that its financial performance was adversely impacted by the acquisition of Microsemi, which “was extremely aggressive in shipping inventory into the distribution channel.”Thereafter, the Company and certain of its executives were sued in a securities class action lawsuit, charging them with failing to disclose material information during the Class Period, violating
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MCHP
News
- Possible Bearish Signals With Microchip Technology Insiders Disposing Stock [Yahoo! Finance]Yahoo! Finance
- maXTouch® Touchscreen Controller Family Expands with Additional Security Features for Touchscreen Payment Systems [Yahoo! Finance]Yahoo! Finance
- maXTouch® Touchscreen Controller Family Expands with Additional Security Features for Touchscreen Payment SystemsGlobeNewswire
- Microchip Technology Incorporated (NASDAQ: MCHP) had its price target raised by analysts at Stifel Nicolaus from $94.00 to $98.00. They now have a "buy" rating on the stock.MarketBeat
- Microchip (MCHP) Enhances Aviation Footprint With Latest Solution [Yahoo! Finance]Yahoo! Finance
MCHP
Earnings
- 2/1/24 - Beat
MCHP
Sec Filings
- 4/5/24 - Form 4
- 4/5/24 - Form 4
- 4/5/24 - Form 4
- MCHP's page on the SEC website