Investors Notified of Approaching Deadline for ON Semiconductor Class Action Lawsuit

Investors of ON Semiconductor Corporation ON with significant losses are urged to prioritize securing legal representation before the impending deadline of February 12, as emphasized by ROSEN, a globally recognized law firm. The looming deadline is critical for investors wishing to partake as plaintiffs in the securities class action lawsuit that has been filed against ON Semiconductor Corporation. This legal action stems from allegations that the company may have issued materially misleading business information to the investing public.

Context of the Class Action Lawsuit

The initiation of this lawsuit was in response to potential violations by ON Semiconductor in terms of federal securities laws. Investors who incurred losses exceeding $100,000 from their investment in the company's securities during the specified class period are particularly encouraged to contact counsel to discuss their legal rights in connection with the securities class action. The purpose of the litigation is to recover damages attributed to the alleged corporate misdeeds that detrimentally affected shareholder value.

Importance of the Deadline

The date of February 12 is set as the deadline for investors to appoint counsel. ROSEN law firm—a top-ranked legal institution with a global outreach—stands ready to assist qualified investors in potentially securing compensation for the financial damages incurred due to the alleged misleading statements by ON Semiconductor Corporation. Acting before the deadline is crucial for investors seeking to recover losses and preserve their rights in the class action suit.

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