Group 1 - The Rosen Law Firm is reminding purchasers of Vicor Corporation common stock during the Class Period (April 26, 2023 to February 22, 2024) of the lead plaintiff deadline on September 23, 2024 [1] - Investors who purchased Vicor common stock during the Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2] - A class action lawsuit has already been filed against Vicor Corporation, and interested parties can join the action by contacting the Rosen Law Firm [3][6] Group 2 - The lawsuit alleges that Vicor misled investors by creating a false impression of securing a significant deal for its H100 product, which was believed to be with Nvidia Corporation [5] - The misleading statements were highlighted when Vicor failed to discuss the deal on October 24, 2023, and later announced a sharp reversal in new contracts and sales on February 22, 2024 [5] - The lawsuit claims that when the true details were revealed, investors suffered damages [5] Group 3 - The Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions [4] - The firm has achieved significant settlements for investors, including over $438 million in 2019 and has been ranked highly for its performance in securities class action settlements [4]

Core Viewpoint - The Vicor Corporation is facing a class action lawsuit for alleged violations of the Securities Exchange Act of 1934, with claims that the company and its executives made misleading statements regarding its technology and financial performance during a specified class period [1][4]. Company Overview - Vicor Corporation is a global power technology company that designs, develops, manufactures, and markets modular power components and power systems for converting electrical power [3]. Allegations of the Lawsuit - The lawsuit alleges that Vicor's executives created a false impression of the company's technology capabilities in high power applications, particularly in relation to AI products [4]. - It is claimed that Vicor did not secure a significant deal with Nvidia for its H100 product and that the company's backlog was weak and decreasing for Q3 2023 [4]. - On October 24, 2023, Vicor disclosed a reduction in backlog and indicated a lack of visibility for its near-term outlook, leading to a nearly 27% drop in stock price [5]. - On February 22, 2024, Vicor reported fourth-quarter financial results that missed analyst expectations, resulting in a further nearly 24% decline in stock price [6]. Legal Process - The Private Securities Litigation Reform Act of 1995 allows any investor who purchased Vicor common stock during the class period to seek appointment as lead plaintiff in the lawsuit [7]. - The lead plaintiff represents the interests of all class members and can select a law firm to litigate the case [7]. Law Firm Background - Robbins Geller Rudman & Dowd LLP is a leading law firm in securities fraud cases, having recovered $6.6 billion for investors in securities-related class action cases [8].

Core Viewpoint - Vicor Corporation is facing a class action securities lawsuit due to alleged securities fraud that affected investors between April 26, 2023, and February 22, 2024 [1][2] Group 1: Lawsuit Details - The lawsuit claims that Vicor misled investors by falsely indicating a significant deal for its H100 product with Nvidia Corporation, which was later proven incorrect [2] - Following the misleading statements, Vicor's stock price peaked at nearly $100 per share but subsequently fell approximately 60% [2] Group 2: Investor Participation - Investors who suffered losses during the specified period have until September 23, 2024, to request appointment as lead plaintiff, although participation in any recovery does not require this role [3] - Class members may be entitled to compensation without any out-of-pocket costs or fees [3] Group 3: Legal Representation - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions of dollars for shareholders over the past 20 years [4] - The firm has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [4]

Core Viewpoint - Rosen Law Firm is reminding investors who purchased Vicor Corporation common stock during the specified Class Period of the upcoming lead plaintiff deadline for a class action lawsuit [1][3]. Group 1: Class Action Details - Investors who bought Vicor common stock between April 26, 2023, and February 22, 2024, may be eligible for compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by September 23, 2024 [3]. Group 2: Law Firm Credentials - Rosen Law Firm emphasizes the importance of selecting qualified counsel with a successful track record in securities class actions, highlighting its own achievements in this area [4]. - The firm has secured the largest securities class action settlement against a Chinese company and has consistently ranked highly in terms of settlements since 2013, recovering hundreds of millions for investors [4]. Group 3: Case Background - The lawsuit alleges that Vicor misled investors regarding a significant deal for its H100 product, which was believed to be with Nvidia Corporation, but was not discussed in their earnings report on October 24, 2023, and later contradicted in a press release on February 22, 2024 [5]. - The lawsuit claims that when the true details were revealed, investors suffered damages due to the misleading statements made during the Class Period [5].

Core Viewpoint - Vicor Corporation (NASDAQ: VICR) is facing a class action lawsuit due to allegations of misleading statements regarding a significant deal for its H100 product, which was believed to be with Nvidia Corporation. The company's stock price has dropped approximately 60% from its intra-class period high of nearly $100/share [1]. Group 1 - The class period for the lawsuit is from April 26, 2023, to February 22, 2024 [1]. - Allegations include that Vicor created a false impression of securing a major deal, which was not discussed in their earnings announcement on October 24, 2023, and was later contradicted by a press release on February 22, 2024, indicating a sharp decline in new contracts and sales [1]. - The stock price decline reflects significant investor losses, highlighting the impact of the alleged misleading statements [1]. Group 2 - Shareholders are encouraged to register for the class action by September 23, 2024, to potentially be appointed as lead plaintiffs [2]. - Once registered, shareholders will receive updates through portfolio monitoring software regarding the case's progress [2]. - Participation in the case incurs no cost or obligation for shareholders [2]. Group 3 - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit and fraud [3]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors affected by misleading statements [3].

Group 1 - The Rosen Law Firm is reminding purchasers of Vicor Corporation common stock from April 26, 2023, to February 22, 2024, about the lead plaintiff deadline on September 23, 2024 [1] - Investors who purchased Vicor common stock during the specified period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2] - A class action lawsuit has already been filed against Vicor, and interested parties can join by contacting the Rosen Law Firm [3][6] Group 2 - The lawsuit alleges that Vicor misled investors by creating a false impression of securing a significant deal for its H100 product, which was believed to be with Nvidia Corporation [5] - The misleading statements were highlighted when Vicor failed to discuss the deal on October 24, 2023, and later announced a sharp reversal in new contracts and sales on February 22, 2024 [5] Group 3 - The Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions, noting its own achievements in this area [4] - The firm has recovered hundreds of millions of dollars for investors, including over $438 million in 2019 alone, and has been recognized for its performance in securities class action settlements [4]

Group 1 - The Gross Law Firm has issued a notice to shareholders of Vicor Corporation regarding a class action lawsuit due to misleading statements about a significant deal for its H100 product [1][2] - The class period for the lawsuit is from April 26, 2023, to February 22, 2024, during which Vicor's stock price peaked at nearly $100 per share before falling approximately 60% [1] - Allegations include that Vicor failed to disclose the lack of a deal with Nvidia Corporation, leading to a sharp reversal in new contracts and sales as noted in their end-of-year earnings announcement [1] Group 2 - Shareholders are encouraged to register for the class action by September 23, 2024, to potentially become lead plaintiffs and receive updates on the case [2] - The Gross Law Firm aims to protect investors' rights and seeks recovery for losses incurred due to false or misleading statements by companies [3]

Core Viewpoint - A class action lawsuit has been filed against Vicor Corporation, alleging that the company misled investors regarding its AI platform and a purported deal with Nvidia, leading to inflated stock prices during the class period from April 26, 2023, to February 22, 2024 [1][2]. Group 1: Allegations and Impact - The lawsuit claims that Vicor misrepresented its AI platform's potential and falsely indicated a significant deal with Nvidia for its H100 product, which misled investors and inflated stock prices [2]. - Following the release of its Q3 2023 earnings on October 24, 2023, Vicor's stock price dropped by $14.14 per share after the company was reluctant to discuss its AI platforms, interpreted by analysts as a sign of diminishing opportunities in the AI market [3]. - On February 22, 2024, Vicor's end-of-year earnings report missed analyst expectations, leading to a significant decline in stock price from $46.84 per share to $35.67 per share the following day, indicating a sharp reversal in new contracts and sales [4]. Group 2: Legal Proceedings - Shareholders interested in participating in the class action must file motions by September 23, 2024, to serve as lead plaintiffs, representing the interests of other class members [5]. - Robbins LLP, the law firm handling the case, operates on a contingency fee basis, meaning shareholders incur no fees or expenses unless the case is won [6].

Core Viewpoint - A class action lawsuit has been filed against Vicor Corporation for allegedly making false and misleading statements regarding its AI capabilities and a purported deal with Nvidia, which led to investor losses when the truth was revealed [1][2]. Group 1: Lawsuit Details - The lawsuit claims that Vicor misrepresented its AI platform and falsely indicated that it had secured a deal with Nvidia for the H100 product [2]. - The complaint alleges that Vicor continued to mislead the market about the deal over several months, resulting in materially false public statements [2]. - Investors suffered damages when the market became aware of the true situation regarding Vicor's claims [2]. Group 2: Investor Participation - Shareholders who purchased shares of Vicor during the class period are encouraged to contact the DJS Law Group for potential lead plaintiff appointments, although this is not a requirement for recovery [2][3]. Group 3: Law Firm Background - DJS Law Group specializes in securities class actions and corporate governance litigation, focusing on enhancing investor returns through advocacy [4]. - The firm represents some of the largest hedge funds and alternative asset managers, emphasizing the value of litigation claims as significant assets [4].

NEW YORK, Sept. 10, 2024 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Vicor Corporation (NASDAQ: VICR). Shareholders who purchased shares of VICR during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/vicor-corporation-loss-submission-form/?id=101226&from=3 CLASS PERIOD: April 26 ...