Vicor Corporation. Investors: Please contact the Portnoy Law Firm to recover your losses.

Core Viewpoint - Vicor Corporation is facing a class action lawsuit due to alleged misleading statements and failure to disclose critical information regarding its business performance and technology capabilities [4][5][6]. Group 1: Company Overview - Vicor Corporation is a global technology company that specializes in power solutions, including the design, development, and manufacture of modular power components and systems for electrical power conversion [3]. Group 2: Allegations of the Lawsuit - The class action lawsuit claims that during the class period, Vicor made false and misleading statements about its technology's potential to expand its customer base for AI products [4]. - The lawsuit alleges that Vicor misrepresented the opportunities from its Power Distribution Networks solutions and failed to secure a major deal with Nvidia for its H100 product [4]. - It is claimed that Vicor's backlog was weak and declining for the third quarter of 2023 [4]. Group 3: Impact on Stock Price - Following a disclosure on October 24, 2023, regarding a reduction in backlog and a lack of visibility in near-term outlook, Vicor's stock price fell nearly 27% [5]. - On February 22, 2024, Vicor reported fourth-quarter financial results that did not meet analyst expectations, leading to a further stock price drop of nearly 24% [6].