ROSEN, A Leading Investor Firm, Urges ON Semiconductor Shareholders to Seek Legal Counsel Prior to Key Lawsuit Deadline

On December 20, 2023, from New York City, Rosen Law Firm, renowned worldwide for its dedication to investor rights, has made a public announcement about a recently filed securities class action lawsuit. This legal undertaking is on behalf of shareholders who purchased the common stock of ON Semiconductor Corporation ON—also known as 'onsemi'—within the timeframe from May 1, 2023, to October 27, 2023. The lawsuit aims to address potential violations of federal securities laws by the company and certain officers, with the intent of recuperating damages for the affected investor group.

Allegations and Class Participation Details

According to the lawsuit filed by the Rosen Law Firm, the accusations center around whether ON Semiconductor Corporation ON omitted crucial information and made misleading statements about its business, operational, and compliance policies. Investors who have incurred losses from purchasing onsemi's common stock during the 'class period'—the specified dates between May and October 2023—are encouraged to contact the firm to participate in the lawsuit before the impending deadline.

Investor Rights and Legal Representation

Rosen Law Firm emphasizes the importance of investors securing expert legal counsel to protect their rights. The firm has a distinguished record of recovering investor losses through assertive legal representation on a global scale. Shareholders of ON Semiconductor Corporation ON are urged to consider this opportunity for legal remedy at their earliest convenience, given the time-sensitive nature of the case.

lawsuit, investors, deadline