{"id":808673,"date":"2025-02-04T12:09:01","date_gmt":"2025-02-04T17:09:01","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/equinix-inc-nasdaq-eqix-long-term-investor-alert-grabar-law-investigates-claims-as-securities-fraud-class-action-survives-motion-to-dismiss\/"},"modified":"2025-02-04T12:09:01","modified_gmt":"2025-02-04T17:09:01","slug":"equinix-inc-nasdaq-eqix-long-term-investor-alert-grabar-law-investigates-claims-as-securities-fraud-class-action-survives-motion-to-dismiss","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/equinix-inc-nasdaq-eqix-long-term-investor-alert-grabar-law-investigates-claims-as-securities-fraud-class-action-survives-motion-to-dismiss\/","title":{"rendered":"Equinix, Inc. (NASDAQ: EQIX) Long-Term Investor Alert: Grabar Law Investigates Claims as Securities Fraud Class Action Survives Motion to Dismiss"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">PHILADELPHIA, Feb.  04, 2025  (GLOBE NEWSWIRE) &#8212; <strong>If you have held Equinix, Inc. (NASDAQ: EQIX) shares since prior to <\/strong><strong>May 3, 2019<\/strong><strong>, and would like to learn more about the investigation, your rights, and your potential for recovery at no cost to you, please visit <\/strong><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=RtHGbSgTRwHMUgLRo2-g8CO9AFKo0SdL29cTAUEwQHjRCo-jsbNCVgTBTvXytQb5fr0k6wPqhAQXlCgjrugstg8KwFVrdkH9pywp0TtYBd0L0EVxx3BNdVZNkFC2zIhvqXBxC9i6PLmbxJgKqf2jyAofRHx6_NVc7BTn2OYVBYWGLOqIbxXHbAZjEW1B5ncl\" rel=\"nofollow\" target=\"_blank\"><strong>https:\/\/grabarlaw.com\/the-latest\/Equinix-Investigation\/<\/strong><\/a><strong>, contact Joshua Grabar at <\/strong><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=VhD7wb3SQDOhT852VyxMLerur1J9dtgrfeCEmyla9d14JMUSNS76T30MkUGpBihrsZ6s3hIpsAIa2V0Uhnt0NfCuJl_llwWFHYGCBMcgEC8=\" rel=\"nofollow\" target=\"_blank\"><strong>jgrabar@grabarlaw.com<\/strong><\/a><strong> or call 267-507-6085. You do not need to have lost money on your investment to participate.<\/strong><\/p>\n<p align=\"justify\">\n        <strong>WHY:<\/strong> A recently filed federal securities fraud class action complaint against Equinix, Inc. (NASDAQ: EQIX) and certain of its officers has survived Defendants\u2019 motion to dismiss the complaint. Grabar Law Office is investigating whether officers and directors of Equinix, Inc. have breached their fiduciary duties owed to the company.<\/p>\n<p align=\"justify\">The underlying complaint alleges that Equinix, via certain of its officers and directors, made materially false and\/or misleading statements and\/or failed to disclose that: (1) Equinix manipulated its financials to reduce operational expenses and boost Adjusted Funds From Operations (\u201cAFFO\u201d); (2) Equinix oversold power capacity and did not warn of the risks associated with this practice; (3) Equinix lacked adequate internal controls; and (4) as a result, Defendants\u2019 public statements were materially false and\/or misleading at all relevant times.<\/p>\n<p align=\"justify\">In denying the Defendants\u2019 motion to dismiss the Court found:<\/p>\n<p align=\"justify\">In all, the complaint raises a strong inference that Equinix misclassified routine recurring capital purchases\u2014like chillers, batteries, and lightbulbs\u2014as non-recurring to artificially inflate its AFFO numbers in a way that misled investors.<\/p>\n<p>The Court further found that under a holistic view of the allegations, the complaint has created a strong inference of scienter \u2013 <em>i.e.<\/em> the intent or knowledge of wrongdoing, at the time of the alleged fraudulent activity.<\/p>\n<p align=\"justify\">\n        <strong>WHAT YOU CAN DO NOW<\/strong>: Current Equinix shareholders who have held Equinix shares since on or before May 3, 2019, can seek corporate reforms, the return of funds spent defending litigation back to the company, and a court approved incentive award, at no cost to them whatsoever.<\/p>\n<p align=\"justify\">\n        <strong>If you<\/strong><br \/>\n        <strong> would like to learn more about this matter, you are encouraged to <\/strong><br \/>\n        <strong>visit <\/strong><br \/>\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=RtHGbSgTRwHMUgLRo2-g8CO9AFKo0SdL29cTAUEwQHjRCo-jsbNCVgTBTvXytQb5fr0k6wPqhAQXlCgjrugstqfMpyeyzFNt9BcAs3m5Ub5X6T6nPmK2HZxaUgFclwBGoezt1Ii5C9TGYxXcF84d3cYH2fZadmChpNc7FBm2k6xfk7yKJDcmid4NiQD19-3G\" rel=\"nofollow\" target=\"_blank\"><br \/>\n          <strong>https:\/\/grabarlaw.com\/the-latest\/Equinix-Investigation\/<\/strong><br \/>\n        <\/a><br \/>\n        <strong>, contact Joshua Grabar at <\/strong><br \/>\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=VhD7wb3SQDOhT852VyxMLerur1J9dtgrfeCEmyla9d2slYfVnHOr74z1u8P5mT5k0b2AjctyDl2ocN8MXunDgore_9Lg-jWx3nEDulYruys=\" rel=\"nofollow\" target=\"_blank\"><br \/>\n          <strong>jgrabar@grabarlaw.com<\/strong><br \/>\n        <\/a><br \/>\n        <strong> or call us at 267-507-6085.<\/strong>\n      <\/p>\n<p align=\"justify\">\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=XU6_fNOqM8nqXgFnpBT40Ax71iIvmGMP8bnJsQlFopHUetSiEQaxgKf-W-iqlZ73kScg2FD2isapEO8AiQjcXYpAeW_b0nazTZ1IHkc_UUE0TuK-qA-Ql7Xo0i3wLcG3IlwtOwHkC4aZQ7e_kRTBLQ==\" rel=\"nofollow\" target=\"_blank\">Attorney Advertising Disclaimer<\/a>\n      <\/p>\n<p align=\"justify\">Contact:<br \/>Joshua H. Grabar, Esq.<br \/>Grabar Law Office<br \/>One Liberty Place<br \/>1650 Market Street, Suite 3600<br \/>Philadelphia, PA 19103<br \/>Tel: \u00a0267-507-6085<br \/>Email: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=VhD7wb3SQDOhT852VyxMLerur1J9dtgrfeCEmyla9d04Tdob9EhuucPGmcsaL4dRwcWKxBVeqabNcgER_-j4Qe2lA7u1-yYDLw60198wCIE=\" rel=\"nofollow\" target=\"_blank\">jgrabar@grabarlaw.com<\/a><\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTM1Mjg2NSM2NzM0OTk2IzIyMDEyNzA=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/OTRjNGZmYmUtYjcxNy00OTM0LWIxOGYtZDAyNTg4NThkZTFkLTEyMTI4MjM=\/tiny\/Grabar-Law-Office.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>PHILADELPHIA, Feb. 04, 2025 (GLOBE NEWSWIRE) &#8212; If you have held Equinix, Inc. (NASDAQ: EQIX) shares since prior to May 3, 2019, and would like to learn more about the investigation, your rights, and your potential for recovery at no cost to you, please visit https:\/\/grabarlaw.com\/the-latest\/Equinix-Investigation\/, contact Joshua Grabar at jgrabar@grabarlaw.com or call 267-507-6085. You do not need to have lost money on your investment to participate. WHY: A recently filed federal securities fraud class action complaint against Equinix, Inc. (NASDAQ: EQIX) and certain of its officers has survived Defendants\u2019 motion to dismiss the complaint. Grabar Law Office is investigating whether officers and directors of Equinix, Inc. have breached their fiduciary duties owed to the company. The underlying complaint alleges &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/equinix-inc-nasdaq-eqix-long-term-investor-alert-grabar-law-investigates-claims-as-securities-fraud-class-action-survives-motion-to-dismiss\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Equinix, Inc. (NASDAQ: EQIX) Long-Term Investor Alert: Grabar Law Investigates Claims as Securities Fraud Class Action Survives Motion to Dismiss&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-808673","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Equinix, Inc. (NASDAQ: EQIX) Long-Term Investor Alert: Grabar Law Investigates Claims as Securities Fraud Class Action Survives Motion to Dismiss - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/equinix-inc-nasdaq-eqix-long-term-investor-alert-grabar-law-investigates-claims-as-securities-fraud-class-action-survives-motion-to-dismiss\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Equinix, Inc. (NASDAQ: EQIX) Long-Term Investor Alert: Grabar Law Investigates Claims as Securities Fraud Class Action Survives Motion to Dismiss - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PHILADELPHIA, Feb. 04, 2025 (GLOBE NEWSWIRE) &#8212; If you have held Equinix, Inc. (NASDAQ: EQIX) shares since prior to May 3, 2019, and would like to learn more about the investigation, your rights, and your potential for recovery at no cost to you, please visit https:\/\/grabarlaw.com\/the-latest\/Equinix-Investigation\/, contact Joshua Grabar at jgrabar@grabarlaw.com or call 267-507-6085. You do not need to have lost money on your investment to participate. WHY: A recently filed federal securities fraud class action complaint against Equinix, Inc. (NASDAQ: EQIX) and certain of its officers has survived Defendants\u2019 motion to dismiss the complaint. Grabar Law Office is investigating whether officers and directors of Equinix, Inc. have breached their fiduciary duties owed to the company. The underlying complaint alleges &hellip; Continue reading &quot;Equinix, Inc. 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(NASDAQ: EQIX) shares since prior to May 3, 2019, and would like to learn more about the investigation, your rights, and your potential for recovery at no cost to you, please visit https:\/\/grabarlaw.com\/the-latest\/Equinix-Investigation\/, contact Joshua Grabar at jgrabar@grabarlaw.com or call 267-507-6085. You do not need to have lost money on your investment to participate. WHY: A recently filed federal securities fraud class action complaint against Equinix, Inc. (NASDAQ: EQIX) and certain of its officers has survived Defendants\u2019 motion to dismiss the complaint. Grabar Law Office is investigating whether officers and directors of Equinix, Inc. have breached their fiduciary duties owed to the company. The underlying complaint alleges &hellip; Continue reading \"Equinix, Inc. (NASDAQ: EQIX) Long-Term Investor Alert: Grabar Law Investigates Claims as Securities Fraud Class Action Survives Motion to Dismiss\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/equinix-inc-nasdaq-eqix-long-term-investor-alert-grabar-law-investigates-claims-as-securities-fraud-class-action-survives-motion-to-dismiss\/","og_site_name":"Market Newsdesk","article_published_time":"2025-02-04T17:09:01+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTM1Mjg2NSM2NzM0OTk2IzIyMDEyNzA=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/equinix-inc-nasdaq-eqix-long-term-investor-alert-grabar-law-investigates-claims-as-securities-fraud-class-action-survives-motion-to-dismiss\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/equinix-inc-nasdaq-eqix-long-term-investor-alert-grabar-law-investigates-claims-as-securities-fraud-class-action-survives-motion-to-dismiss\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Equinix, Inc. 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