Silicon Labs

SLAB

ATLANTA, GA – – (Globe Newswire – February 1, 2024) – – Holzer & Holzer, LLC is investigating whether Silicon Laboratories Inc. (“Silicon Labs” or the “Company”) (NASDAQ: SLAB) complied with federal securities laws. On January 29, 2024, the Company postponed its scheduled earnings conference call, disclosing that it “determined that a material weakness in internal control related to the operation and documentation of certain inventory controls existed as of December 30, 2023. The 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.” Following this news, the price of the Company’s stock dropped.

If you purchased Silicon Labs stock and suffered a loss on that investment, you are encouraged to contact Corey Holzer, Esq. at cholzer@holzerlaw.com or Joshua Karr, Esq. at jkarr@holzerlaw.com, call our toll-free number at (888) 508-6832, or visit our website at www.holzerlaw.com/case/silicon-labs/ to discuss your legal rights.

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