| In
Vertiv
Securities
Class Action
Forward Look
or
Misrepresentations
Dispute So Jan
20 Motion
By Matthew
Russell Lee, Patreon Maxwell
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BBC -
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SDNY COURTHOUSE,
Nov 22 –
The
City of
Riviera Beach
General
Employees'
Retirement
System and
others sued
Vertiv
Holdings Co in
a securities
class action.
On November
22, 2022, U.S.
District Court
for the
Southern
District of
New York Judge
Gregory H.
Woods held a
proceeding.
Inner City
Press covered
it.
Plaintiffs'
counsel said
the allegation
are not about
projection but
things that
Vertiv
affirmatively
said it was
already doing.
The defense
pointed to
claims that
were about
forward
looking
statements.
Judge
Woods set the
time for the
defendants to
move to
dismiss at
January 20,
2023, with
opposition due
sixty days
after service.
He asked the
parties to
propose page
limits.
The
case is In re
Vertiv
Holdings Co
Securities
Litigation,
22-cv-3572
(Woods)
***
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