SIMO - Glancy Prongay & Murray LLP Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Silicon Motion Technology Corporation (SIMO) | Benzinga

LOS ANGELES, Sept. 18, 2023 (GLOBE NEWSWIRE) -- Glancy Prongay & Murray LLP ("GPM") reminds investors of the upcoming October 31, 2023 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired Silicon Motion Technology Corporation ("Silicon Motion" or the "Company") (NASDAQ:SIMO) American Depositary Shares ("ADSs") between June 6, 2023 and July 26, 2023, inclusive (the "Class Period").

If you suffered a loss on your Silicon Motion investments or would like to inquire about potentially pursuing claims to recover your loss under the federal securities laws, you can submit your contact information at www.glancylaw.com/cases/Silicon-Motion-Technology-Corporation/. You can also contact Charles H. Linehan, of GPM at 310-201-9150, Toll-Free at 888-773-9224, or via email at shareholders@glancylaw.com to learn more about your rights.

On July 26, 2023, MaxLinear announced that it was terminating a merger agreement with Silicon Motion less than a day after Chinese regulatory authorities had approved the combination.

On this news, Silicon Motion's stock ...

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