Vicor Corporation Class Action Lawsuit - VICR

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%.

In order to be eligible to join the VICR class action lawsuit, you must have incurred a loss on shares of Vicor purchased during the class period listed above.

If you suffered a loss in Vicor during the relevant time frame or pursuant to the relevant offering(s), you have until September 23, 2024 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.