Recent Security Class Actions

Equinix Inc. Common Stock REIT (NASDAQ: EQIX)

Company Name:Equinix Inc. Common Stock REIT
Stock Symbol:NASDAQ: EQIX
Class Period Start:05/03/2019
Class Period End (inclusive):03/24/2024
Filing Deadline:07/01/2024

The Complaint alleges that Defendants throughout the Class Period 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 (“AFFO”); (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’ public statements were materially false and/or misleading at all relevant times.