Long-Term Investors who lost money with Vicor Corporation (NASDAQ: VICR) shares should contact the Shareholders Foundation in connection with Investigation over possible Wrongdoing

An investigation was announced for long-term investors in shares of Vicor Corporation (NASDAQ: VICR) concerning potential breaches of fiduciary duties by certain directors and officers of Vicor Corporation.

Investors who are current long term investors in Vicor Corporation (NASDAQ: VICR) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm for current long term investors in NASDAQ: VICR stocks follows a lawsuit filed against Vicor Corporation over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ: VICR stocks, concerns whether certain Vicor Corporation directors are liable in connection with the allegations made in that lawsuit.

According to that complaint filed in the U.S. District Court for the District of Massachusetts the plaintiff alleges that, the defendants provided investors with material information concerning Vicor's second quarter 2023 earnings alongside a series of promotional statements about the company's forthcoming AI platform, that these AI-related statements led investors to believe that Vicor had secured a significant deal with Nvidia for its H100 product, that during an investor conference call the same day, analysts asked Defendant Vinciarelli if the new AI platform was for a new customer and how significant was the volume of the incoming business, that Defendant Vinciarelli assured the market that it was "new generation for an existing customer" and that it was a "significant customer", and that Defendants provided these overwhelmingly positive statements to investors while, at the same time, disseminating materially false and misleading statements that Vicor Corporation's prospects for a big sales contract with Nvidia.

Those who purchased shares of Vicor Corporation (NASDAQ: VICR) have certain options and should contact the Shareholders Foundation.

Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

This release was published on openPR.