VICOR SHAREHOLDER ALERT: CLAIMSFILER REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Vicor Corporation - VICR

Core Viewpoint - Vicor Corporation is facing a securities class action lawsuit for failing to disclose material information during the class period, which has led to significant financial losses and a drop in share price [2][3][4]. Group 1: Lawsuit Details - Investors have until September 23, 2024, to file lead plaintiff applications in the lawsuit against Vicor Corporation for the class period from April 26, 2023, to February 22, 2024 [1]. - The lawsuit alleges that Vicor and certain executives violated federal securities laws by not disclosing important information [2]. Group 2: Financial Performance - On February 22, 2024, Vicor disclosed disappointing financial results, including a 12.2% decrease in revenues for Q4 2023, totaling $47.3 million, down from $49.1 million in Q4 2022 [3]. - The company's backlog decreased by 47.2%, falling from $304.4 million to $160.8 million [3]. Group 3: Share Price Impact - Following the financial disclosure, Vicor's share price dropped from $46.84 on February 22, 2024, to $35.87 on February 23, 2024 [4].