Synopsys, Inc. (NASDAQ: SNPS)

This investigation is for anyone who acquired securities in Synopsys, Inc. (NASDAQ: SNPS) prior to April 13, 2022.

The Law Offices of Howard G. Smith believes that the Company and certain of its executives violated federal law. Specifically, the Law Offices of Howard G. Smith believes that the Company misled investors regarding its financial condition. More specifically, the Law Offices of Howard G. Smith believes that the Company misled investors by claiming that the Company complied with all applicable law while breaking U.S.law by passing technology to a Chinese company which the U.S. Government banned companies from passing to the Chinese.

On April 13, 2022, news outlets reported that the U.S Department of Commerce is investigating Synopsys for passing key technology to banned Chinese companies. Specifically, investigators are looking into whether Synopsys provided chip designs and software to Huawei Technologies Co.’s HiSilicon unit for manufacture at Semiconductor Manufacturing International Corp. (“SMIC”). The U.S. Government bans U.S. companies from selling some types of technology to Huawei and SMIC because the U.S. Government has designated those companies as threats to national security. On this news, the price of the Company’s stock dropped precipitously on unusually heavy trading volume.

The Law Offices of Howard G. Smith seeks to recover damages on behalf of class members. If you acquired securities in Synopsys, Inc. (NASDAQ: SNPS) prior to April 13, 2022 you may join the lawsuit by submitting your information online, or you may call the Law Offices of Howard G. Smith and speak to Mr. Smith directly to learn how he can protect your rights.