Vicor(US:VICR) GlobeNewswire News Room·2024-08-28 20:38Core Viewpoint - The Rosen Law Firm is reminding investors who purchased Vicor Corporation common stock during the specified class period of the upcoming lead plaintiff deadline for a class action lawsuit related to misleading statements about a significant deal with Nvidia Corporation [2][5]. Group 1: Class Action Details - The class period for the lawsuit is from April 26, 2023, to February 22, 2024, and investors may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and potential lead plaintiffs must move the court by September 23, 2024 [3]. - Investors can join the class action by submitting a form or contacting the law firm directly for more information [6]. Group 2: Law Firm Credentials - The Rosen Law Firm specializes in securities class actions and has a strong track record, including the largest securities class action settlement against a Chinese company [4]. - The firm has been ranked highly for its number of securities class action settlements and has recovered hundreds of millions of dollars for investors, including over $438 million in 2019 alone [4]. - Founding partner Laurence Rosen has been recognized as a leading figure in the plaintiffs' bar, highlighting the firm's expertise in this area [4]. Group 3: Case Background - The lawsuit alleges that Vicor misled investors by creating a false impression of securing a significant deal for its H100 product with Nvidia, 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 [5].