LOS ANGELES, Sept. 17, 2024 /PRNewswire/ -- The DJS Law Group
reminds investors of a class action lawsuit against Vicor
Corporation ("Vicor" or "the Company") (NASDAQ: VICR) for
violations of §§10(b) and 20(a) of the Securities Exchange Act of
1934 and Rule 10b-5 promulgated
thereunder by the U.S. Securities and Exchange Commission.
Shareholders who purchased shares of VICR during the class
period listed are encouraged to contact the firm regarding possible
lead plaintiff appointments. Appointment as lead plaintiff is not
required to partake in any recovery.
CASE DETAILS: The Complaint alleges Vicor made false and misleading statements
in touting its AI capabilities and platform, leading investors to
believe it had made a deal with Nvidia for its H100 product. Over
the next few months, the Company continued to falsely represent to
the market that a deal had been secured with Nvidia. Based on these
facts, the Company's public statements were false and materially
misleading. When the market learned the truth about Vicor,
investors suffered damages.
If you are a shareholder who suffered a loss, contact us to
participate.
WHY DJS LAW GROUP? DJS Law Group's primary focus is to
enhance investor return through balanced counseling and aggressive
advocacy. We specialize in securities class actions, corporate
governance litigation, and domestic/international M&A
appraisals. Our clients are some of the largest and most
sophisticated hedge funds and alternative asset managers in the
world. The litigation claims of our clients are extraordinarily
valuable assets that demand respect, focus, and results.
This press release may be considered Attorney Advertising in
some jurisdictions under the applicable law and rules of
ethics.
CONTACT:
David J. Schwartz
DJS Law Group
274 White Plains Road, Suite 1
Eastchester, NY 10709
Phone: 914-206-9742
Email: David@djslawllp.com
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SOURCE DJS Law Group LLP