Wang v. STMicroelectronics N.V. et al

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Case overview

Case Number:

1:24-cv-06370

Court:

New York Southern

Nature of Suit:

Securities/Commodities

Multi Party Litigation:

Class Action

Judge:

Alvin K. Hellerstein

Firms

Companies

Sectors & Industries:

  1. March 23, 2026

    Semiconductor Co. Can't End Suit Over Key Witness's Reversal

    An investor's securities fraud suit accusing STMicroelectronics of failing to acknowledge pandemic-related declines in demand will proceed after a New York federal judge rejected the semiconductor manufacturer's bids for dismissal and reconsideration.

  2. March 10, 2026

    Semiconductor Co. Says Key Witness Now Disputes Claims

    STMicroelectronics has asked a New York federal judge to reconsider his earlier decision allowing an investor securities fraud suit to move forward, saying the ruling relied on statements from a former executive who now says the allegations attributed to him in the suit are false.

  3. September 16, 2025

    Semiconductor Co. Must Face Pandemic Demand Suit

    Semiconductor manufacturer STMicroelectronics cannot escape a putative investor class action accusing it of failing to acknowledge pandemic-related demand declines, with a New York federal judge ruling the suit plausibly alleges that the company omitted material facts in its public statements.

  4. May 15, 2025

    Semiconductor Co. Fights Investors' Pandemic Demand Suit

    Semiconductor maker STMicroelectronics has urged a federal judge to boot an investor suit alleging the company and its executives failed to predict pandemic-related demand declines, arguing the suit is flawed with "fraud-by-hindsight" logic.

  5. August 26, 2024

    Semiconductor Co. Overstated Recovery, Investors Say

    Semiconductor manufacturer STMicroelectronics did not have the visibility it claimed to have to predict future growth in its core segments, leading it to make several false representations to shareholders, according to two investor suits filed in New York federal court.