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Vicor Corporation Securities Fraud Class Action Lawsuit Pending: Contact Levi & Korsinsky Before September 23, 2024 to Discuss Your Rights – VICR
VicorVicor(US:VICR) GlobeNewswire News Room·2024-09-19 17:28

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 falsely indicating a significant deal for its H100 product with Nvidia Corporation, which was later proven incorrect [2] - Following the misleading statements, Vicor's stock price peaked at nearly $100 per share but subsequently fell approximately 60% [2] Group 2: Investor Participation - Investors who suffered losses during the specified period have until September 23, 2024, to request appointment as lead plaintiff, although participation in any recovery does not require this role [3] - Class members may be entitled to compensation without 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]