TWKS - Bragar Eagel & Squire P.C. Is Investigating Silicon Lab Calavo Soho House and Thoughtworks and Encourages Investors to Contact the Firm | Benzinga
NEW YORK, Feb. 29, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Silicon Laboratories Inc. (NASDAQ:SLAB), Calavo Growers, Inc. (NASDAQ:CVGW), Soho House & Co Inc. (NYSE:SHCO), and Thoughtworks Holding, Inc. (NASDAQ:TWKS). Our investigations concern whether these companies have violated the federal securities laws and/or engaged in other unlawful business practices. Additional information about each case can be found at the link provided.
Silicon Laboratories Inc. (NASDAQ:SLAB)
On January 29, 2024, Silicon Labs issued a press release "announc[ing] a one-week delay to its scheduled earnings conference call for the quarter ended on December 30, 2023." Silicon Labs stated that it "has determined that a material weakness in internal control related to the operation and documentation of certain inventory controls existed as of December 30, 2023" and that "[t]he 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."
On this news, Silicon Labs' stock price fell $7.91 per share, or 6.02%, to close at $123.55 per share on January 30, 2024.
For more information on the Silicon Lab investigation go to: https://bespc.com/cases/SLAB
Calavo Growers, Inc. (NASDAQ:CVGW)
On January ...