ROSEN, LEADING INVESTOR COUNSEL, Encourages Vicor Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action – VICR
VicorVicor(US:VICR) GlobeNewswire News Room·2024-08-01 23:18

Core Viewpoint - Rosen Law Firm has filed 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 for its H100 product [1][5]. Group 1: Lawsuit Details - The class action lawsuit pertains to Vicor Corporation's common stock purchases made between April 26, 2023, and February 22, 2024 [1]. - The lawsuit claims that Vicor created a false impression of securing a significant deal with Nvidia Corporation, which was later contradicted by the company's failure to discuss the deal and a subsequent announcement of a sharp reversal in new contracts and sales [5]. - Investors are encouraged to join the class action without incurring out-of-pocket fees through a contingency fee arrangement [2]. Group 2: Legal Representation - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a proven track record in securities class actions, highlighting its own achievements in recovering significant amounts for investors [4]. - The firm has been recognized for its success in securities class action settlements, including a notable settlement against a Chinese company and ranking highly in the number of settlements achieved [4]. Group 3: Next Steps for Investors - Interested investors can join the class action by visiting the provided link or contacting the firm directly for more information [3][6]. - It is noted that no class has been certified yet, and investors have the option to select their own counsel or remain absent from the class [7].