A securities class action has been filed in the USDC – N.D.CA. against Synopsys, Inc. (SNPS) (“Synopsys” or the “Company”), on behalf of all persons and entities that:
(a) all persons and entities that purchased or otherwise acquired Synopsys securities between December 4. 2024, and September 9, 2025; and
(b) all persons who purchased or otherwise acquired Synopsys common stock in exchange for their shares of Ansys, Inc. (“Ansys”) common stock in the Acquisition.
Synopsys is a Mountain View, California-based technology company that provides software, intellectual property, and services used to design and verify advanced semiconductor chips. The Company’s products include electronic design automation (“EDA”) tools, pre-designed semiconductor components known as Design IP, and software security and quality testing solutions. Synopsys’ customers, which include major semiconductor and electronics manufacturers, rely on its tools to manage complex chip design processes and accelerate time to market.
On January 16, 2024, the Company announced that Synopsys had entered into an agreement to acquire Ansys for total consideration of about $35 billion (the “Acquisition”). On March 14, 2024, Synopsys filed with the SEC a registration statement for the Acquisition on Form S-4, which, after an amendment, was declared effective on April 17, 2024 (the “Registration Statement”). On April 17, 2024, Synopsys filed with the SEC a prospectus and proxy statement for the Acquisition on Form 424B3 (the “Prospectus” and together with the Registration Statement, the “Acquisition Materials”). The Acquisition Materials stated that Ansys shareholders would receive $197.00 in cash and 0.345 shares of Synopsys common stock in exchange for each share of Ansys they held at the time of the merger.
The complaint alleges that Defendants misled investors by failing to disclose the following adverse facts:
(1) the Company’s growing emphasis on artificial intelligence (“AI”) customers, who require more customization, was weakening the economics of its Design IP business;
(2) as a result, certain of the Company’s road map and resource choices were unlikely to achieve their intended outcomes;
(3) these issues were materially harming the Company’s financial performance; and
(4) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects that were made during the Class Period or contained in the Acquisition Materials were materially misleading and/or lacked a reasonable basis, thereby harming investors.
Synopsys’ stock price fell by 35.8 percent, dropping from $604.37 to $387.78 per share on September 10, 2025.
If you purchased Synopsis securities between December 4. 2024, and September 9, 2025; and/or acquired Synopsys common stock in exchange for shares of Ansys, Inc. (“Ansys”) common stock in the Acquisition and would like to receive more information or join the action, please enter your contact information below for a FREE consultation and click “Submit Your Information”.