Vicor Corporation Sued for Securities Law Violations – Investors Should Contact Levi & Korsinsky Before September 23, 2024 to Discuss Your Rights – VICR

Core Viewpoint - Vicor Corporation is facing a class action securities lawsuit due to alleged securities fraud that negatively impacted 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 lack of disclosure about the deal and a subsequent press release indicating a sharp decline in new contracts and sales [2]. Group 2: Investor Participation - Investors who suffered losses during the specified timeframe have until September 23, 2024, to request appointment as lead plaintiff, although participation in any recovery does not require serving in this role [3]. - Class members may be entitled to compensation without incurring any out-of-pocket costs or fees [3]. Group 3: Legal Representation - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions of dollars for shareholders over the past 20 years [4]. - The firm has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [4].