Vertiv Holdings Co
Rigrodsky Law, P.A. is investigating potential claims against the officers and directors of Vertiv Holdings Co ("Vertiv" or the "Company") on behalf of stockholders. A class action complaint has been filed against Vertiv. The complaint alleges that defendants made materially false and/or misleading statements, and failed to disclose material adverse facts about the Company's business, operations, and prospects. Specifically, defendants failed to disclose to investors that: (i) the Company could not adequately respond to supply chain issues and inflation by increasing its prices; (ii) as a result of the increasing costs, the Company's earnings would be adversely impacted; (iii) in the offering materials issued in connection with the Company's secondary public offering, the Company made numerous false and misleading representations concerning the extent of its pricing visibility, which had a significant impact on company margins; (iv) the Company directly tied its positive financial guidance to its pricing mechanisms; (v) the Company had internal control issues related to its sales practices leading to excessive discounting in order to secure sales; (vi) the Company represented reoccurring costs as one-time occurrences; and (vii) 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.