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VICR Investors Have Opportunity to Lead Vicor Corporation Securities Fraud Lawsuit with the Schall Law Firm

VICR Investors Have Opportunity to Lead Vicor Corporation Securities Fraud Lawsuit with the Schall Law Firm

By AP News
Published - Sep 23, 2024, 10:22 AM ET
Last Updated - Dec 16, 2024, 07:00 PM EST

LOS ANGELES--(BUSINESS WIRE)--Sep 23, 2024--

The Schall Law Firm, a national shareholder rights litigation firm, 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.

Investors who purchased the Company’s securities between April 26, 2023 and February 22, 2024, inclusive (the “Class Period”), are encouraged to contact the firm before September 23, 2024.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at bschall@schallfirm.com.

The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

According to the Complaint, the Company made false and misleading statements to the market. Vicor touted 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.

Join the case to recover your losses.

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

View source version on businesswire.com:https://www.businesswire.com/news/home/20240923163253/en/

CONTACT: The Schall Law Firm

Brian Schall, Esq.,

www.schallfirm.com

Office: 310-301-3335

info@schallfirm.com

KEYWORD: CALIFORNIA UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: CLASS ACTION LAWSUIT PROFESSIONAL SERVICES LEGAL

SOURCE: The Schall Law Firm

Copyright Business Wire 2024.

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