Maxlinear (MXL) has disclosed a new risk, in the Litigation & Legal Liabilities category.
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Maxlinear faces notable business risk following the dissolution of the Merger Agreement with Silicon Motion. The termination, contested by Silicon Motion, has led to legal disputes, including an arbitration claim for alleged breaches and a class action lawsuit from Silicon Motion shareholders. These proceedings are not only costly but also distracting for Maxlinear’s management, potentially impacting the firm’s operations and financial performance. The outcome of these legal battles remains uncertain, potentially requiring significant financial resources which could adversely affect Maxlinear’s fiscal health.
The average MXL stock price target is $23.78, implying 14.99% upside potential.
To learn more about Maxlinear’s risk factors, click here.
