Core Viewpoint - Vicor Corporation is facing a class action securities lawsuit due to alleged securities fraud that affected investors between April 26, 2023, and February 22, 2024 [1][2] Group 1: Lawsuit Details - The lawsuit claims that Vicor misled investors by suggesting it had secured a significant deal for its H100 product, which was believed to be with Nvidia Corporation [2] - The company's stock price peaked at nearly $100 per share during the class period but has since fallen approximately 60% following the failure to discuss the deal and a subsequent press release indicating a sharp decline in new contracts and sales [2] Group 2: Next Steps for Investors - Investors who suffered losses during the relevant time frame have until September 23, 2024, to request to be appointed as lead plaintiff, although participation in any recovery does not require serving as a lead plaintiff [3] - Class members may be entitled to compensation without any out-of-pocket costs or fees [3] Group 3: Firm Background - Levi & Korsinsky has a history of securing hundreds of millions of dollars for shareholders and is recognized as one of the top securities litigation firms in the United States [4]
Vicor Corporation Sued for Securities Law Violations - Contact Levi & Korsinsky Before September 23, 2024 to Discuss Your Rights – VICR