SAN DIEGO, Feb. 13, 2023 (GLOBE NEWSWIRE) — Johnson Fistula, LLP investigating potential claims on behalf of Generac Holdings Inc. (“Generac” or “the Company”) GNRC against certain of its officers and directors.
If you are a current, long-term shareholder of Generac stock, you may have the authority to indemnify Generac for the alleged harm caused by the Company’s officers and directors by holding them personally liable. You may also be able to assist in reforming the company’s corporate governance to prevent future wrongdoing.
If you have owned Generac stock uninterrupted since April 29, 2021, you may click or copy and paste the following link into a browser to participate in this promotion:
https://www.cognitoforms.com/JohnsonFistel/GeneracHoldingsInc4
What does Johnson examine fistula? A class action lawsuit was recently filed against Generac. According to the lawsuit, the company made false and misleading statements to the market. Generac falsely claimed that “safety comes first” and that these products go through “multiple rounds of design review” to maximize their safety. The company misled investors by claiming it had a robust network of distributors, with no partner accounting for more than 6% of its sales revenue. The company has overstated its profits while hiding its warranty liability. Based on these facts, the Company’s public statements throughout the class action period were false and substantially misleading. As a result of Defendant’s misrepresentations and omissions, Generac common stock was trading at artificially inflated prices during the Class Period.
If you have owned Generac stock uninterrupted since April 29, 2021 and would like to learn more about the investigation, please contact lead analyst Jim Baker (jimb@johnsonfistula.com) at 619-814-4471. When emailing, please include your phone number.
About Johnson Fistula, LLP:
Johnson Fistel, LLP is a nationally recognized shareholder rights law firm with offices in California, New York and…
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