Rosen Law Firm Announces Deadline for Lead Plaintiff in Class Action Lawsuit Against Equinix, Inc.Rosen Law Firm Announces Deadline for Lead Plaintiff in Class Action Lawsuit Against Equinix, Inc. Notice: Investors who purchased Equinix, Inc. (EQIX) securities between May 3, 2019, and March 24, 2024, are reminded of the July 1, 2024, deadline for lead plaintiff in a securities class action lawsuit filed against the company. Allegations: The lawsuit alleges that during the class period, Equinix made materially false and misleading statements regarding its financial data, oversold power capacity, and lacked adequate internal controls. These alleged misrepresentations allegedly caused damages to investors. About Rosen Law Firm: The Rosen Law Firm is a global investor rights law firm with a track record of success in securities class actions and shareholder derivative litigation. The firm has been recognized for its leadership roles and has recovered hundreds of millions of dollars for investors. Joining the Class Action: Investors may join the class action by visiting https://rosenlegal.com/submit-form/?case_id=23498 or contacting Phillip Kim, Esq. at 866-767-3653 or [email protected]. A class action lawsuit has already been filed, but investors may move to serve as lead plaintiff no later than July 1, 2024. Additional Information: * Investors are encouraged to select qualified advisors with a proven track record in securities class actions. * Class members may remain absent and do not need to retain counsel at this time. * An investor’s ability to participate in any recovery is not dependent on serving as lead plaintiff. For updates, follow Rosen Law Firm on LinkedIn, Twitter, or Facebook. Contact Details: Laurence Rosen, Esq. Phillip Kim, Esq. The Rosen Law Firm, PA 275 Madison Avenue, 40th Floor New York, NY 10016 Toll-Free: (866) 767-3653 Fax: (212) 202-3827 [email protected] www.rosenlegal.com
NEW YORK, June 23, 2024 (GLOBE NEWSWIRE) —
WHY: Rosen Law Firm, a global investor rights law firm, reminds buyers of Equinix, Inc. securities. (NASDAQ: EQIX) between May 3, 2019 and March 24, 2024, inclusive (the “Class Period”), to the important Deadline for lead plaintiff July 1, 2024 in the securities class action first filed by the company.
SO: If you purchased shares of Equinix during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Equinix class action, visit https://rosenlegal.com/submit-form/?case_id=23498 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information about the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the court no later than July 1, 2024. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified advisors with a track record of success in leadership roles. Companies issuing notices often do not have comparable experience, resources or any meaningful recognition from peers. Many of these firms do not actually litigate securities class actions, but are merely intermediaries that refer clients or work with law firms that actually litigate the cases. Be wise when choosing counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone, the company managed to raise more than $438 million for investors. In 2020, founder Laurence Rosen was named Titan of Plaintiffs’ Bar by law360. Many of the firm’s lawyers are recognized by Lawdragon and Super Lawyers.
CASE DETAILS: According to the lawsuit, Defendants throughout the Class Period made materially false and/or misleading statements and/or failed to disclose that: (1) Equinix manipulated its financial data to reduce operating costs and reduce Adjusted Funds From Operations (“AFFO ”); (2) Equinix oversold power capacity and failed to warn of the risks associated with this practice; (3) Equinix lacked adequate internal controls; and (4) as a result, Defendants’ public statements were materially false and/or misleading at all relevant times. When the real details emerged, the lawsuit claims investors suffered damages.
To join the Equinix class action, visit https://rosenlegal.com/submit-form/?case_id=23498 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information about the class action.
No class is certified. Until a class is certified, you will not be represented by counsel unless you retain one. You can select a lawyer of your choice. You can also remain an absent class member and do nothing at this time. An investor’s ability to share in any future recovery is not contingent upon serving as lead plaintiff.
For updates, follow us on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm.
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Contact details:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, PA
275, 40 Madison Avenuee Floor
New York, NY 10016
Phone: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
[email protected]
www.rosenlegal.com
