Shareholders that lost money on Vicor Corporation(VICR) should contact The Gross Law Firm about pending Class Action - VICR

Core Viewpoint - Vicor Corporation 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, leading to a substantial decline in its stock price [1]. Group 1: Allegations and Impact - The class period for the lawsuit is from April 26, 2023, to February 22, 2024 [1]. - Allegations state that Vicor created a false impression of securing a major deal, which was not discussed in their earnings report 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]. - Vicor's stock price peaked at nearly $100 per share during the class period but has since fallen approximately 60% [1]. Group 2: Next Steps for Shareholders - Shareholders who purchased shares during the specified class period are encouraged to register for the class action by September 23, 2024 [2]. - Upon registration, shareholders will be enrolled in a portfolio monitoring system to receive updates on the case [2]. - Participation in the case incurs no cost or obligation for the shareholders [2]. Group 3: Law Firm Background - 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 who suffered losses due to misleading statements [3].