An investigation on behalf of investors of Synaptics, Incorporated (NASDAQ: SYNA) shares over potential securities laws violations by Synaptics, Incorporated (NASDAQ: SYNA and certain of its directors and officers in connection with certain financial statements was announced.

The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Synaptics, Incorporated (NASDAQ: SYNA) concerning whether a series of statements by Synaptics, Incorporated (NASDAQ: SYNA regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

San Jose, CA based Synaptics Incorporated is engaged in the development, marketing and sale of intuitive human interface solutions for electronic devices and products. Synaptics, Incorporated reported that its Total Revenuedeclined from over $1.718 billion for the 12 months period that ended on June 24, 2017 to over $1.63 billion for the 12 months period that ended on June 30, 2018 and that its Net Income for those time periods declined from $72.20 million to $48.80 million.

Shares of Synaptics, Incorporated (NASDAQ:SYNA) declined from $86.19 per share in April 2016 to as low as $33.73 per share in October 2017.