Main Menu

Generac Holdings Inc.

(NYSE: GNRC)

Rigrodsky Law, P.A. is investigating potential claims against the officers and directors of Generac Holdings Inc. ("Generac" or the "Company") on behalf of stockholders.  A class action complaint has been filed against Generac.  The complaint alleges that defendants made materially false and/or misleading statements that failed to disclose the following adverse facts pertaining to the Company's business, operations, and financial condition, which were known to or deliberately disregarded by defendants: (i) the Company had been suffering substantial declines in demand for its legacy generator product offerings, causing the Company to slash product prices by nearly 20% and engage in a massive acquisition spree in an attempt to offset waning demand; (ii) SnapRS components being marketed and sold through a partnership with the Company suffered from serious product defect and safety issues; (iii) the Company was exposed to significant impending warranty liability related to the Company's participation in the sale of SnapRS components; and (iv) as a result of the foregoing, the strength of the Company's business metrics and financial prospects had been grossly overstated and materially misrepresented.

Join This Action

Alternatively, you may upload your transactions using the upload button below or email them to info@rl-legal.com.

Draw your signature below using your mouse* [Clear]

Signed pursuant to California Civil Code Section 1633.1, et seq. - and the Uniform Electronic Transactions Act as adopted by the various states and territories of the United States.

Date of signing: 02/03/2023


* Indicates a required field.

Back to Page