NEW
YORK, Aug. 29, 2024 /PRNewswire/ -- The Gross
Law Firm issues the following notice to shareholders of Vicor
Corporation (NASDAQ: VICR).
Shareholders who purchased shares of VICR during the class
period listed are encouraged to contact the firm regarding possible
lead plaintiff appointment. Appointment as lead plaintiff is not
required to partake in any recovery.
CONTACT US HERE:
https://securitiesclasslaw.com/securities/vicor-corporation-loss-submission-form/?id=98704&from=4
CLASS PERIOD: April 26,
2023 to February 22, 2024
ALLEGATIONS: During the class period, Defendants created
the false and/or materially misleading impression that Vicor had
secured a significant deal for its H100 product that, according to
analysts, was Nvidia Corporation. These statements proved incorrect
when first, on October 24, 2023,
Vicor conspicuously failed to discuss the deal and then later, on
February 22, 2024, when the Company
issued a press release announcing its end of year earnings and
flagged a sharp reversal in new contracts and sales. From an
intra-class period high of nearly $100/share, Vicor's stock price has fallen
approximately 60%.
DEADLINE: September 23,
2024 Shareholders should not delay in registering for
this class action. Register your information here:
https://securitiesclasslaw.com/securities/vicor-corporation-loss-submission-form/?id=98704&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a
shareholder who purchased shares of VICR during the timeframe
listed above, you will be enrolled in a portfolio monitoring
software to provide you with status updates throughout the
lifecycle of the case. The deadline to seek to be a lead plaintiff
is September 23, 2024. There is no
cost or obligation to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is a nationally
recognized class action law firm, and our mission is to protect the
rights of all investors who have suffered as a result of deceit,
fraud, and illegal
business practices. The Gross Law Firm is committed to ensuring
that companies adhere to responsible business practices and engage
in good corporate citizenship. The firm seeks recovery on behalf of
investors who incurred losses when false and/or misleading
statements or the omission of material information by a company
lead to artificial inflation of the company's stock. Attorney
advertising. Prior results do not guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
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SOURCE Gross Law Firm