Allegro MicroSystems (NASDAQ: ALGM — $7.45 billion) describes itself as “a leading global designer, developer, manufacturer and marketer of sensor integrated circuits.” Investors believe the company is a play on the electric vehicle revolution, a bet on the growth of clean energy, and a special situation trading at a discounted price. In reality, Allegro MicroSystems is rife with conflicts and irregularities including numerous executive resignations, two auditor dismissals, and a major supplier that is owned by the company’s largest customer and controlling shareholder.
For a sense of the peculiarities surrounding Allegro MicroSystems, investors can turn to the company’s most recent 10-Q, filed for the quarter ended December 23, 2022. (Yes, December 23.) Allegro MicroSystems discloses, in part, 2026-01-30 USD 36.91 2026-01-30 USD 36.91 2026-01-30 USD 36.91
Last updated: 2026-03-07 by automated standardization process