{"id":96089,"date":"2023-12-30T13:43:37","date_gmt":"2023-12-30T13:43:37","guid":{"rendered":"https:\/\/pr.asianetpakistan.com\/?p=115383"},"modified":"2023-12-30T13:43:37","modified_gmt":"2023-12-30T13:43:37","slug":"rosen-global-investor-counsel-encourages-on-semiconductor-corporation-investors-to-secure-counsel-before-important-deadline-in-securities-class-action-on","status":"publish","type":"post","link":"https:\/\/jordannewsgazette.com\/rosen-global-investor-counsel-encourages-on-semiconductor-corporation-investors-to-secure-counsel-before-important-deadline-in-securities-class-action-on\/","title":{"rendered":"ROSEN, GLOBAL INVESTOR COUNSEL, Encourages ON Semiconductor Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action \u2013 ON"},"content":{"rendered":"
\n

NEW YORK, Dec. 30, 2023 (GLOBE NEWSWIRE) —<\/p>\n

WHY:<\/strong>\u00a0Rosen Law Firm, a global investor rights law firm, reminds of purchasers of ON Semiconductor Corporation (\u201consemi\u201d) (NASDAQ: ON) common stock between May 1, 2023 and October 27, 2023, both dates inclusive (the \u201cClass Period\u201d), of the important February 12, 2024 lead plaintiff deadline.<\/strong><\/p>\n

SO WHAT:<\/strong> If you purchased onsemi common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.<\/p>\n

WHAT TO DO NEXT: <\/strong>To join the onsemi class action, go to https:\/\/rosenlegal.com\/submit-form\/?case_id=21160<\/a> or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com<\/a> or cases@rosenlegal.com<\/a> for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than February 12, 2024<\/strong>. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.<\/p>\n

WHY ROSEN LAW: <\/strong>We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases.<\/strong> Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs\u2019 Bar. Many of the firm\u2019s attorneys have been recognized by Lawdragon and Super Lawyers.<\/p>\n

DETAILS OF THE CASE: <\/strong>According to the lawsuit, defendants made materially false and misleading statements and failed to disclose material adverse facts about onsemi\u2019s business and operations. Specifically, defendants misrepresented that: (1) revenues from billions of dollars in reported long-term supply agreements (\u201cLTSAs\u201d) were \u201ccommitted\u201d and \u201clocked in,\u201d and were effectively certain to be obtained by onsemi when, in fact, onsemi could and would abrogate the LTSAs at a customer\u2019s request; (2) LTSAs provided \u201cpredictable\u201d and \u201csustainable\u201d performance to drive onsemi\u2019s growth, even in tough macroeconomic conditions, when, in fact, they would be modified or eliminated as conditions changed; and (3) defendants had \u201cgood visibility\u201d into customer demand when, in fact, demand could be reduced on short notice, even where LTSAs were in effect. When the true details entered the market, the lawsuit claims that investors suffered damages.<\/p>\n

To join the onsemi class action, go to https:\/\/rosenlegal.com\/submit-form\/?case_id=21160<\/a> or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com<\/a> or cases@rosenlegal.com<\/a> for information on the class action.<\/p>\n

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor\u2019s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.<\/p>\n

Follow us for updates on LinkedIn: https:\/\/www.linkedin.com\/company\/the-rosen-law-firm<\/a>, on Twitter: https:\/\/twitter.com\/rosen_firm<\/a> or on Facebook: https:\/\/www.facebook.com\/rosenlawfirm\/<\/a>.<\/p>\n

Attorney Advertising. Prior results do not guarantee a similar outcome.<\/p>\n

Contact Information:<\/p>\n

Laurence Rosen, Esq.
\nPhillip Kim, Esq.
\nThe Rosen Law Firm, P.A.
\n275 Madison Avenue, 40th Floor
\nNew York, NY 10016
\nTel: (212) 686-1060
\nToll Free: (866) 767-3653
\nFax: (212) 202-3827
\nlrosen@rosenlegal.com<\/a>
\npkim@rosenlegal.com<\/a>
\ncases@rosenlegal.com<\/a>
\nwww.rosenlegal.com<\/a> <\/p>\n

GlobeNewswire Distribution ID 9010759<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

NEW YORK, Dec. 30, 2023 (GLOBE NEWSWIRE) \u2014 WHY:\u00a0Rosen Law Firm, a global investor rights law firm, reminds of purchasers of ON Semiconductor Corporation (\u201consemi\u201d) (NASDAQ: ON) common stock between May 1, 2023 and October 27, 2023, both dates inclusive (the \u201cClass Period\u201d), of the important February 12, 2024 lead plaintiff deadline. SO WHAT: If [\u2026]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37,52,415],"tags":[],"yoast_head":"\nROSEN, GLOBAL INVESTOR COUNSEL, Encourages ON Semiconductor Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action \u2013 ON - Jordan News Gazette<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/jordannewsgazette.com\/rosen-global-investor-counsel-encourages-on-semiconductor-corporation-investors-to-secure-counsel-before-important-deadline-in-securities-class-action-on\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ROSEN, GLOBAL INVESTOR COUNSEL, Encourages ON Semiconductor Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action \u2013 ON - Jordan News Gazette\" \/>\n<meta property=\"og:description\" content=\"NEW YORK, Dec. 30, 2023 (GLOBE NEWSWIRE) \u2014 WHY:\u00a0Rosen Law Firm, a global investor rights law firm, reminds of purchasers of ON Semiconductor Corporation (\u201consemi\u201d) (NASDAQ: ON) common stock between May 1, 2023 and October 27, 2023, both dates inclusive (the \u201cClass Period\u201d), of the important February 12, 2024 lead plaintiff deadline. 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