(VRT) INVESTOR DEADLINE: Johnson Fistel Encourages Shareholders to Contact the Firm about Leading Vertiv Class Action
SAN DIEGO, March 25, 2022 (Globe Newswire)—
Shareholder rights law firm Johnson Fistel, LLP (www.JohnsonFistel.com) announces that a class action has been commenced on behalf of investors of Vertiv Holdings Co (“Vertiv” or the “Company”) (NYSE: VRT). The lawsuit is currently on behalf of a potential class of Vertiv investors who purchased or acquired Vertiv securities between April 28, 2021 and February 23, 2022, both dates inclusive (the “Class Period”).
What actions may I take at this time? If you purchased or otherwise acquired Vertiv securities during the Class Period, you have until May 23, 2022 to seek appointment as a lead plaintiff in the action. A lead plaintiff will act on behalf of all other class members in directing the lawsuit, including overseeing any settlement of the case.
If you suffered significant losses on your Class Period purchases, contact Johnson Fistel, LLP now to participate:
- Contact Lead Securities Analyst Jim Baker at jimb@johnsonfistel.com or (619) 814-4471
- Click or paste the following web address into your browser to submit your losses: https://www.cognitoforms.com/JohnsonFistel/VertivHoldingsCo
- For more information, visit our website at https://www.johnsonfistel.com/faq
There is no cost or obligation to you.
What are the allegations in the complaint? According to the filed complaint, during the class period, defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors: (1) that the Company could not adequately respond to supply chain issues and inflation by increasing its prices; (2) that, as a result of the increasing costs, Vertiv’s earnings would be adversely impacted; and (3) that, as a result of the foregoing, defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
What if I have information relevant to the case? Individuals with nonpublic information regarding Vertiv should consider whether to assist our investigation or take advantage of the SEC Whistleblower program. Under the SEC program, whistleblowers who provide original information may, under certain circumstances, receive rewards totaling up to thirty percent of any successful recovery made by the SEC. For more information, contact Jim Baker at (619) 814-4471 or jimb@johnsonfistel.com.
About Johnson Fistel, LLP. Johnson Fistel, LLP is a nationally recognized shareholder rights law firm with offices in California, New York and Georgia. The firm represents individual and institutional investors in securities class action and derivative lawsuits. For more information about the firm and its attorneys, please visit http://www.johnsonfistel.com. Attorney advertising. Past results do not guarantee future outcomes.
Contact:
Johnson Fistel, LLP
Jim Baker, Lead Securities Analyst
Telephone: (619) 814-4471
Email: jimb@johnsonfistel.com