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San Diego, CA — (SBWIRE) — 02/16/2021 — An investigation was announced concerning potential securities laws violations by SiTime Corporation in connection with certain financial statements.

Investors who purchased shares of SiTime Corporation (NASDAQ: SITM), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 – 1554.

The investigation by a law firm focuses on whether a series of statements by SiTime Corporation regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

Santa Clara, CA based SiTime Corporation, a semiconductor company, provides silicon timing systems solutions in Taiwan, Hong Kong, the United States, and internationally. SiTime Corporation reported that its annual Total Revenue declined from $85.21 million in 2018 to $84.07 million in 2019, and that its Net Loss declined from $9.34 million in 2018 to $6.6 million in 2019.

Shares of SiTime Corporation (NASDAQ: SITM) closed on February 12, 2021, at $144.17 per share.

Those who purchased shares of SiTime Corporation (NASDAQ: SITM) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North – Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.