Vicor Corporation Responds to Allegations Made in Recently Filed Securities Litigation
Vicor (NASDAQ: VICR) has responded to allegations made in recently filed securities litigation. The company disclosed facts that formed the basis for its response, addressing claims related to its financial reporting and business practices. While specific details of the allegations and Vicor's response are not provided in the press release, the company's action suggests it is actively defending itself against the legal claims.
As securities litigation can have significant implications for publicly traded companies, this development may be of interest to Vicor's shareholders and potential investors. The outcome of such legal proceedings could potentially impact the company's reputation, financial position, and stock performance.
Vicor (NASDAQ: VICR) ha risposto alle accuse formulate in una recente causa legale in materia di titoli. L'azienda ha rivelato i fatti che hanno costituito la base per la sua risposta, affrontando le affermazioni relative alla sua rendicontazione finanziaria e alle pratiche commerciali. Sebbene i dettagli specifici delle accuse e della risposta di Vicor non siano forniti nel comunicato stampa, l'azione dell'azienda suggerisce che sta attivamente difendendo se stessa contro le rivendicazioni legali.
Poiché le controversie legali in materia di titoli possono avere implicazioni significative per le aziende quotate in borsa, questo sviluppo potrebbe suscitare l'interesse degli azionisti di Vicor e dei potenziali investitori. L'esito di tali procedimenti legali potrebbe influenzare la reputazione dell'azienda, la sua posizione finanziaria e le performance azionarie.
Vicor (NASDAQ: VICR) ha respondido a las acusaciones realizadas en una demanda reciente sobre valores. La empresa ha revelado hechos que sirvieron de base para su respuesta, abordando las afirmaciones relacionadas con su reporte financiero y prácticas comerciales. Aunque no se proporcionan detalles específicos sobre las acusaciones y la respuesta de Vicor en el comunicado de prensa, la acción de la empresa sugiere que está defendiendo activamente contra las reclamaciones legales.
Dado que la litigar sobre valores puede tener implicaciones significativas para las empresas que cotizan en bolsa, este desarrollo puede ser de interés para los accionistas de Vicor y los inversores potenciales. El resultado de tales procedimientos legales podría impactar la reputación de la empresa, su posición financiera y el rendimiento de sus acciones.
Vicor (NASDAQ: VICR)는 최근 제기된 증권 소송에 대한 혐의에 대응했습니다. 회사는 재무보고 및 비즈니스 관행과 관련된 주장에 대한 응답의 기초를 형성하는 사실을 공개했습니다. 보도자료에서는 혐의의 구체적인 세부사항 및 Vicor의 응답이 제공되지 않지만, 회사의 행동은 법적 주장에 대해 적극적으로 방어하고 있음을 나타냅니다.
증권 소송은 상장 기업에 상당한 영향을 미칠 수 있으므로, 이 발전은 Vicor의 주주와 잠재적 투자자들에게 흥미로울 수 있습니다. 이러한 법적 절차의 결과는 회사의 명성, 재무 상태 및 주식 성과에 영향을 미칠 수 있습니다.
Vicor (NASDAQ: VICR) a répondu aux allégations formulées dans un recours en valeurs mobilières récemment déposé. L'entreprise a divulgué des faits qui ont servi de base à sa réponse, abordant des revendications liées à ses rapports financiers et à ses pratiques commerciales. Bien que les détails spécifiques des allégations et de la réponse de Vicor ne soient pas fournis dans le communiqué de presse, l'action de l'entreprise suggère qu'elle se défend activement contre les réclamations légales.
Étant donné que les litiges en valeurs mobilières peuvent avoir des implications significatives pour les entreprises cotées en bourse, ce développement peut intéresser les actionnaires de Vicor et les investisseurs potentiels. L'issue de ces procédures légales pourrait avoir un impact sur la réputation de l'entreprise, sa position financière et la performance de ses actions.
Vicor (NASDAQ: VICR) hat auf die in einer kürzlich eingereichten Wertpapierklage erhobenen Vorwürfe reagiert. Das Unternehmen hat Fakten offengelegt, die die Grundlage für seine Antwort bildeten, und hat Ansprüchen zu seiner Finanzberichterstattung und seinen Geschäftspraktiken angesprochen. Während im Pressemitteilung keine spezifischen Details zu den Vorwürfen und der Antwort von Vicor bereitgestellt werden, deutet das Handeln des Unternehmens darauf hin, dass es sich aktiv gegen die rechtlichen Ansprüche verteidigt.
Da Wertpapierklagen erhebliche Auswirkungen auf börsennotierte Unternehmen haben können, könnte diese Entwicklung für die Aktionäre von Vicor und potenzielle Investoren von Interesse sein. Der Ausgang solcher rechtlichen Verfahren könnte das Ansehen des Unternehmens, die finanzielle Lage und die Aktienperformance beeinträchtigen.
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ANDOVER, Mass., Sept. 03, 2024 (GLOBE NEWSWIRE) -- Vicor Corporation (NASDAQ: VICR) (the “Company”) today disclosed facts that formed the basis for forward-looking statements about an expected revenue ramp, made in the Company’s July 25, 2023 Earnings Call, that were alleged to be untrue in recently-filed securities litigation against the Company. These statements were true when made on the basis of the facts outlined below.
As of July 25, 2023, the Company had booked over
For more information on Vicor and its products, please visit the Company’s website at www.vicorpower.com.
This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Any statement in this press release that is not a statement of historical fact is a forward-looking statement, and, the words “believes,” “expects,” “anticipates,” “intends,” “estimates,” “plans,” “assumes,” “may,” “will,” “would,” “should,” “continue,” “prospective,” “project,” and other similar expressions identify forward-looking statements. Forward-looking statements also include statements regarding bookings, shipments, revenue, profitability, targeted markets, increase in manufacturing capacity and utilization thereof, future products and capital resources. These statements are based upon management’s current expectations and estimates as to the prospective events and circumstances that may or may not be within the company’s control and as to which there can be no assurance. Actual results could differ materially from those projected in the forward-looking statements as a result of various factors, including those economic, business, operational and financial considerations set forth in Vicor’s Annual Report on Form 10-K for the year ended December 31, 2023, under Part I, Item I — “Business,” under Part I, Item 1A — “Risk Factors,” under Part I, Item 3 — “Legal Proceedings,” and under Part II, Item 7 — “Management’s Discussion and Analysis of Financial Condition and Results of Operations.” The risk factors set forth in the Annual Report on Form 10-K may not be exhaustive. Therefore, the information contained in the Annual Report on Form 10-K should be read together with other reports and documents filed with the Securities and Exchange Commission from time to time, including Forms 10-Q, 8-K and 10-K, which may supplement, modify, supersede or update those risk factors. Vicor does not undertake any obligation to update any forward-looking statements as a result of future events or developments.
About Vicor
Vicor Corporation designs, develops, manufactures and markets modular power components and complete power systems based upon a portfolio of patented technologies. Headquartered in Andover, Massachusetts, Vicor sells its products to the power systems market, including enterprise and high performance computing, industrial equipment and automation, telecommunications and network infrastructure, vehicles and transportation, aerospace and defense. www.vicorpower.com.
Vicor is a registered trademark of Vicor Corporation.
Contact
James F. Schmidt
Chief Financial Officer
978-470-2900
invrel@vicorpower.com
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