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Bronstein, Gewirtz & Grossman LLC Announces Equinix, Inc. Investors May Join Class Action!

Bronstein, Gewirtz & Grossman LLC Announces Equinix, Inc. Investors May Join Class Action!

NEW YORK, NY / ACCESSWIRE / May 10, 2024 / Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, informs investors that a class action lawsuit has been filed against Equinix, Inc. (“Equinix” or “the Company”) (NASDAQ:EQIX) and certain of its officers.

Class definition:

The purpose of this lawsuit is to recover damages against defendants for alleged violations of the federal securities laws on behalf of all individuals and entities that purchased or otherwise acquired Equinix securities between May 3, 2019 and March 24, 2024 (including the “Class Period”) have. Such investors are encouraged to join this case by visiting the Company’s website: bgandg.com/EQIX.

Case details:

The Complaint alleges that throughout the Class Period, Defendants made materially false and/or misleading statements and/or failed to disclose that: (1) Equinix manipulated its financial information to reduce operating costs and adjusted funds from operations (“AFFO “) to increase; (2) Equinix oversold power capacity and failed to warn of the risks associated with this practice; (3) Equinix did not have adequate internal controls; and (4) as a result, defendants’ public statements were materially false and/or misleading at all relevant times. When the true details came to light, the lawsuit says investors suffered harm.

What’s next?

A class action lawsuit has already been filed. If you would like to review a copy of the Complaint, you may visit the Company’s website: bgandg.com/EQIX or you may contact Peretz Bronstein, Esq. turn around. or his Client Relations Manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC at 332-239-2660. If you suffered a loss with Equinix, you have until July 1, 2024 to ask the Court to appoint you as lead plaintiff. Your ability to share in the recovery does not require you to serve as lead plaintiff.

There are no costs for you

We represent investors in class actions on a contingency fee basis. This means that we will only ask the court to reimburse us for our expenses and attorneys’ fees, usually a percentage of the total recovery, if we are successful.

Why Bronstein, Gewirtz & Grossman:

Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm representing investors in securities fraud class actions and shareholder derivative litigation. Our company has recovered hundreds of millions of dollars for investors nationwide.

Lawyer advertising. Previous results do not guarantee similar results.

Contact:

Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Nathan Miller
332-239-2660 | (email protected)

SOURCE: Bronstein, Gewirtz & Grossman, LLC