Synopsys, Inc. (NasdaqGS: SNPS)

Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF has commenced an investigation into Synopsys, Inc. (“Synopsys” or the “Company”) (NasdaqGS: SNPS).

In February 2025, Cangrade, Inc., a hiring assessment platform provider, filed a lawsuit against Synopsys, Inc. in federal court in the Northern District of California, alleging misappropriation of trade secrets under the federal Defend Trade Secret Act and California Uniform Trade Secrets Act, breach of contract, professional negligence, and other charges relating to a software audit of Cangrade’s proprietary and confidential software code to be performed by the Company as part of a potential merger. Recently, the court presiding over the case denied the Company’s motion to dismiss in part, allowing the case to move forward.

KSF’s investigation is focusing on whether Synopsys’ officers and/or directors breached their fiduciary duties to its shareholders or otherwise violated state or federal laws.

If you have information that would assist KSF in its investigation, or have been a long-term holder of Synopsys shares and would like to discuss your legal rights, you may, without obligation or cost to you, call toll-free at 1-833-938-0905 or email KSF Managing Partner Lewis Kahn (lewis.kahn@ksfcounsel.com), or fill out the form on this page.