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EQIX Deadline: EQIX Investors Have Opportunity to Lead Equinix, Inc. Securities Fraud Lawsuit First Filed by the Firm
EQIXEquinix(EQIX) Prnewswire·2024-06-28 20:45

According to the lawsuit, defendants throughout the Class Period made materially false and/or misleading statements and/or failed to disclose that: (1) Equinix manipulated its financials to reduce operational expenses and boost Adjusted Funds From Operations ("AFFO"); (2) Equinix oversold power capacity and did not warn of the risks associated with this practice; (3) Equinix lacked adequate internal controls; and (4) as a result, defendants' public statements were materially false and/or misleading at all r ...