Lead Plaintiff Deadline: January 30, 2023
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common stock between April 29, 2021, and November 1, 2022
(1) despite defendant’s claims that “safety is paramount”, Generac’s SnapRS units, which are components for rapidly shutting down solar devices in certain dangerous situations, were defective; (2) Generac did not timely record warranty liabilities resulting from the defective SnapRS units; and, (3) despite assurances to the contrary, the Company’s sales to channel partners were highly concentrated in a single partner.
In order to be included in the lawsuit, you must have incurred a loss on shares of Generac, either: A) purchased or acquired during the class period listed above, if applicable; or B) pursuant to the Initial Public Offering (IPO) of Generac, if applicable.
If you suffered a loss in Generac during the relevant time frame, or pursuant to Generac’s IPO if listed above, you have until January 30, 2023 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.