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0.000135650336270083 7.13949138262741E-06 -0.000642554224437116 -0.0007425071037939 -0.0007425071037939 -0.0007425071037939 -0.0007425071037939 -0.0007425071037939
Stock impact report

Gainey McKenna & Egleston Announces A Class Action Lawsuit Has Been Filed Against Equinix, Inc. (EQIX)

Equinix, Inc. (EQIX) 
Last equinix, inc. earnings: 2/12 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: equinix.com/company/investors
Company Research Source: GlobeNewswire
NEW YORK, May 03, 2024 (GLOBE NEWSWIRE) -- Gainey McKenna & Egleston announces that a securities class action lawsuit has been filed in the United States District Court for the Northern District of California on behalf of all persons and entities who purchased securities of Equinix, Inc. (“Equinix” or the “Company”) (NASDAQ: EQIX) between May 3, 2019 and March 24, 2024, inclusive (the “Class Period”). The Complaint alleges that Defendants made materially false and/or misleading statements and/or failed to disclose that: (1) Equinix manipulated its financials to reduce operational expenses and boost Adjusted Funds From Operations (“AFFO”); (2) Equinix oversold power capacity and did not warn of the risks associated with this practice; (3) Equinix lacked 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 entered the market, the lawsuit claims that investors suffered damage Show less Read more
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