Core Viewpoint - Rosen Law Firm is reminding investors who purchased securities of Power Solutions International, Inc. during the specified Class Period of the upcoming lead plaintiff deadline for a class action lawsuit [1]. Group 1: Class Action Details - Investors who bought Power Solutions securities between May 8, 2025, and March 2, 2026, 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 May 19, 2026 [3]. - Investors can join the class action by visiting the provided link or contacting the law firm directly for more information [6]. Group 2: Case Allegations - The lawsuit alleges that Power Solutions made false and misleading statements regarding its ability to meet sales demand for its power systems, particularly in the data center market [5]. - It is claimed that the company understated the impact of enhancements to its manufacturing capacity and the associated costs and inefficiencies [5]. - As a result of these misleading statements, investors suffered damages when the true information became public [5]. Group 3: Rosen Law Firm's Credentials - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions [4]. - The firm has achieved significant settlements, including the largest securities class action settlement against a Chinese company, and has recovered hundreds of millions for investors [4]. - The firm has been consistently ranked among the top firms for securities class action settlements and has received recognition for its attorneys [4].
ROSEN, LEADING GLOBAL COUNSEL, Encourages Power Solutions International, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - PSIX
TMX Newsfile·2026-03-31 19:33