Levi & Korsinsky, LLP announces that a VRT class action lawsuit has been filed on behalf of investors who purchased Vertiv Holdings Co (VRT) (a) securities between February 24, 2021, and February 23, 2022, inclusive; and/or (b) shares in or traceable to the Company’s secondary public offering of Class A common stock conducted on or around November 4, 2021. For more on the VRT Lawsuit please contact us today.
According to the Vertiv Holdings Co lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that:
(1) the Company could not adequately respond to supply chain issues and inflation by increasing its prices; (2) as a result of the increasing costs, Vertiv’s earnings would be adversely impacted; and (3) 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.
If you suffered a loss in Vertiv Holdings Co you have until May 23, 2022 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.