DEADLINE ACTION NOTICE: The Schall Law Firm Announces it is Investigating Claims Against Equinix, Inc. and Encourages Investors with Losses to Contact the Firm

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LOS ANGELES, CA / ACCESSWIRE / May 17, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Equinix, Inc. ("Equinix" or "the Company") (NASDAQ:EQIX) for violations of the securities laws.

The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Equinix is the subject of a report released by Hindenburg Research on March 20, 2024, titled: "Equinix Exposed: Major Accounting Manipulation, Core Business Decay And Selling an AI Pipe Dream As Insiders Cashed Out Hundreds of Millions." According to the report Hindenburg's "investigation, which included a review of financial and litigation records and interviews with 37 former Equinix employees, industry experts and competitors, revealed that Equinix manipulates its accounting for AFFO ("adjusted funds from operations"), the key profitability metric for REITs. We estimate this metric was overstated by at least 22% in 2023 alone."

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected].

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

CONTACT:

The Schall Law Firm
Brian Schall, Esq.
www.schallfirm.com
Office: 310-301-3335
[email protected]

SOURCE: The Schall Law Firm



View the original press release on accesswire.com

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