ROSEN, A LEADING INVESTOR COUNSEL, Alerts ON Semiconductor Corporation Shareholders to Approaching Deadline in Securities Class Action Lawsuit - ON

NEW YORK, Jan. 30, 2024 (GLOBE NEWSWIRE) — ROSEN Law Firm, renowned for representing global investor rights, is emphasizing the urgency for investors who purchased shares of ON Semiconductor Corporation ON during the period from May 1, 2023, to October 27, 2023, to enlist legal counsel prior to the impending deadline concerning the class action lawsuit initiated against the company.

Scope of the Securities Class Action

This litigation is grounded on allegations that ON Semiconductor Corporation may have provided investors with information that was misleading thereby potentially violating securities laws. The class action is applicable to investors who acquired ON Semiconductor ON common stock within the stated period — also referred to as the 'Class Period'.

What Investors Should Do

Investors who have purchased ON stock during the designated Class Period and have been affected by the alleged misinformation are encouraged to seek counsel with ROSEN Law Firm. As a firm with a long-standing reputation in protecting investor rights, they are poised to offer necessary guidance on how to safeguard their interests and potentially recover investments that have been compromised due to the putative miscommunications by ON Semiconductor Corporation.

Deadline Reminder

ROSEN Law Firm wishes to remind shareholders that there is a pressing deadline to move for the role of lead plaintiff in the case. Those with substantial losses from investing in ON shares during the Class Period should be aware that moving swiftly to secure legal representation is critical in ensuring all possible legal remedies can be explored.

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