The scrutiny follows the company’s August 19, 2026, financial disclosure for the fourth quarter. Wolfspeed posted revenue of $149.6 million, failing to meet the $223.55 million consensus estimate. The shortfall was compounded by a severe earnings miss, with an adjusted loss of $2.26 per share compared to analyst projections of a $0.52 loss. Investors responded by driving the stock price down $2.74, closing at $26.35 on August 20.

Pomerantz LLP, a firm specializing in securities and antitrust litigation, is currently soliciting information from affected shareholders. The investigation centers on potential securities fraud and breaches of fiduciary duty by company officers. Those holding Wolfspeed stock during the relevant period are being directed to contact the firm’s representative, Danielle Peyton, to discuss potential participation in a class action lawsuit.