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Synopsys, Inc. (NASDAQ:SNPS) Investor Investigation Over Possible Breaches Of Fiduciary Duties Announced

  • If you purchased shares of Synopsys, Inc. (NASDAQ:SNPS), you have certain options and you should contact the Shareholders Foundation, Inc.

  • To have your information reviewed for options and to receive notifications about this investigation, please send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.

Investigation Overview

Company
Synopsys, Inc.
Security
NASDAQ: SNPS

Summary

September 18, 2015 (Shareholders Foundation) - An investigation on behalf of investors in Synopsys, Inc. (NASDAQ:SNPS) shares was announced over potential breaches of fiduciary duties by certain officers and directors at Synopsys, Inc.

The investigation by a law firm concerns whether certain Synopsys officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.

Synopsys, Inc. reported that its Total Revenue rose from over $1.75 billion in 2012 for the 12 months period that ended on October 31, 2012 to over $2.05 billion for the 12 months period that ended on October 31, 2014 and that its respective Net Income increased from $182.40 million to $259.12 million.

Shares of Synopsys, Inc. (NASDAQ:SNPS) grew from $37.32 per share in October 2014 to as high as $52.30 per share on August 19, 2015.

On August 20, 2015, Synopsys, Inc. announced its third quarter FY 2015 financial results.

Shares of Synopsys, Inc. (NASDAQ:SNPS) declined to as low as $43.46 per share on August 24, 2015.

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