Vicor(US:VICR) Prnewswireยท2024-09-11 12:45Core Viewpoint - A class action lawsuit has been filed against Vicor Corporation for allegedly making false and misleading statements regarding its AI capabilities and a purported deal with Nvidia, which led to investor losses when the truth was revealed [1][2]. Group 1: Lawsuit Details - The lawsuit claims that Vicor misrepresented its AI platform and falsely indicated that it had secured a deal with Nvidia for the H100 product [2]. - The complaint alleges that Vicor continued to mislead the market about the deal over several months, resulting in materially false public statements [2]. - Investors suffered damages when the market became aware of the true situation regarding Vicor's claims [2]. Group 2: Investor Participation - Shareholders who purchased shares of Vicor during the class period are encouraged to contact the DJS Law Group for potential lead plaintiff appointments, although this is not a requirement for recovery [2][3]. Group 3: Law Firm Background - DJS Law Group specializes in securities class actions and corporate governance litigation, focusing on enhancing investor returns through advocacy [4]. - The firm represents some of the largest hedge funds and alternative asset managers, emphasizing the value of litigation claims as significant assets [4].