Vicor Corporation is under investigation over potential securities laws violations in connection with certain financial statements.

Investors who purchased shares of Vicor Corporation (NASDAQ: VICR), 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 focuses on whether a series of statements by Vicor Corporation regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

Andover, MA based Vicor Corporation, together with its subsidiaries, designs, develops, manufactures and markets modular power components and power systems for converting electrical power in the United States and internationally. On October 25, 2023 a report was published that the "investment firm Needham downgraded the stock to 'Hold' from 'Buy', a day after Vicor reported its third-quarter results." According to the report, a research note issued by Needham stated that "Vicor reported inline 3Q23 results and 4Q23 guidance, but bookings and backlog were underwhelming and management's tone on the AI platform win announced last quarter appeared more cautious." Based on this news, shares of Vicor fell by more than 28.4% in intraday trading on the same day. Shares of Vicor Corporation (NASDAQ: VICR) declined from $98.38 per share on July 27, 2023, to as low as $37.26 per share on January 05, 2024.

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

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, 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, investigation, and/or settlements are not filed/reached and/or 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.