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Generac Holdings Inc.


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.

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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: 06/18/2024

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