Core Viewpoint - 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 [1][3]. Group 1: Class Action Details - Investors who bought Vicor common stock between April 26, 2023, and February 22, 2024, may be eligible for compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by September 23, 2024 [3]. Group 2: Law Firm Credentials - Rosen Law Firm emphasizes the importance of selecting qualified counsel with a successful track record in securities class actions, highlighting its own achievements in this area [4]. - The firm has secured the largest securities class action settlement against a Chinese company and has consistently ranked highly in terms of settlements since 2013, recovering hundreds of millions for investors [4]. Group 3: Case Background - The lawsuit alleges that Vicor misled investors regarding a significant deal for its H100 product, which was believed to be with Nvidia Corporation, but was not discussed in their earnings report on October 24, 2023, and later contradicted in a press release on February 22, 2024 [5]. - The lawsuit claims that when the true details were revealed, investors suffered damages due to the misleading statements made during the Class Period [5].
ROSEN, LEADING INVESTOR COUNSEL, Encourages Vicor Corporation Investors to Secure Counsel Before Important September 23 Deadline in Securities Class Action – VICR