NASDAQ: EQIX Lawsuit Update: Investors Who Lost Money With Shares of Equinix, Inc. (NASDAQ: EQIX) Should Contact the Shareholders Foundation

SAN DIEGO, CA, September 6, 2024 (Newswire.com) - The Shareholders Foundation, Inc. announces an update in the lawsuit that is pending for certain investors in Equinix, Inc. (NASDAQ:EQIX) shares. Investors in NASDAQ: EQIX shares should contact the Shareholders Foundation at [email protected] or call +1(858) 779 - 1554.

The Shareholders Foundation, Inc. announces an update in the lawsuit that is pending for certain investors in Equinix, Inc. (NASDAQ:EQIX) shares.

Investors who purchased shares of Equinix, Inc. (NASDAQ: EQIX) prior to May 2019 and continue to hold any of those NASDAQ: EQIX shares have also certain options and should contact the Shareholders Foundation at [email protected] or call +1(858) 779 - 1554.

On March 20, 2024, Hindenburg Research issued a report entitled "Equinix Exposed: Major Accounting Manipulation, Core Business Decay And Selling An AI Pipe Dream As Insiders Cashed Out Hundreds of Millions".

On May 02, 2024, an investor in NASDAQ: EQIX shares filed a lawsuit against Equinix, Inc. over alleged securities laws violations. The plaintiff alleged that the defendants made materially false and/or misleading statements and/or failed to disclose that Equinix manipulated its financials to reduce operational expenses and boost Adjusted Funds From Operations ("AFFO"), that Equinix oversold power capacity and did not warn of the risks associated with this practice, that Equinix lacked adequate internal controls, and that as a result, defendants' public statements were materially false and/or misleading at all relevant times.

On August 15, 2024, the court appointed a lead plaintiff and lead counsel in the case.

Those who purchased shares of Equinix, Inc. (NASDAQ: EQIX) should contact the Shareholders Foundation, Inc.

CONTACT:

Shareholders Foundation, Inc.
Michael Daniels
+1 (858) 779-1554
[email protected]
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108

The Shareholders Foundation, Inc. is a professional portfolio legal monitoring and a settlement claim filing service, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. The Shareholders Foundation, Inc. is not a law firm. Any referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is only provided as a public service. It is not intended as legal advice and should not be relied upon.

Contact Information

Michael Daniels
Manager
[email protected]
858-779-1554

SOURCE: Shareholders Foundation, Inc.

Source: Shareholders Foundation, Inc.