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VRT SHAREHOLDER ALERT: Jakubowitz Law Reminds Vertiv Shareholders of a Lead Plaintiff Deadline of May 23, 2022

VRT

NEW YORK, May 6, 2022 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of Vertiv Holdings Co (NYSE: VRT).

To receive updates on the lawsuit, fill out the form:
https://claimyourloss.com/securities/vertiv-holdings-co-loss-submission-form/?id=26828&from=4

This lawsuit is on behalf of persons and entities that: (a) purchased or otherwise acquired Vertiv securities between February 24, 2021, and February 23, 2022, inclusive; and/or (b) purchased Vertiv shares in or traceable to the Company's secondary public offering of Class A common stock conducted on or around November 4, 2021.

Shareholders interested in acting as a lead plaintiff representing the class of wronged shareholders have until May 23, 2022 to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

According to a filed complaint, Vertiv Holdings Co issued materially 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.

Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
JAKUBOWITZ LAW
140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887

Cision View original content:https://www.prnewswire.com/news-releases/vrt-shareholder-alert-jakubowitz-law-reminds-vertiv-shareholders-of-a-lead-plaintiff-deadline-of-may-23-2022-301540989.html

SOURCE Jakubowitz Law