VICR Investors Have Opportunity to Lead Vicor Corporation Securities Fraud Lawsuit

Core Viewpoint - Rosen Law Firm has announced a class action lawsuit on behalf of purchasers of Vicor Corporation common stock during the specified Class Period, alleging misleading statements regarding a significant deal with Nvidia Corporation that ultimately proved incorrect [1][7]. Group 1: Class Action Details - The class action lawsuit is filed for purchasers of Vicor common stock between April 26, 2023, and February 22, 2024 [1]. - Investors who purchased Vicor stock during this period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A lead plaintiff must move the Court by September 23, 2024, to represent other class members in the litigation [3][5]. Group 2: Allegations Against Vicor - The lawsuit claims that Vicor created a false impression of securing a significant deal for its H100 product, which was believed to be with Nvidia Corporation [7]. - 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 [7]. - The lawsuit asserts that investors suffered damages when the true details of the situation became known [7].