GNRC - SHAREHOLDER ALERT: Levi & Korsinsky LLP Notifies Investors of an Investigation Involving Possible Securities Fraud Violations by Officers of Generac Holdings Inc. | Benzinga
NEW YORK, Sept. 15, 2023 (GLOBE NEWSWIRE) -- Levi & Korsinsky notifies investors that it has commenced an investigation of Generac Holdings Inc. ("Generac" or the "Company") (NYSE:GNRC) concerning possible violations of federal securities laws.
On August 2, 2023, Generac announced revised downwards guidance for 2023 due to "weakness in residential products." The Company blamed the downturn on a "softer consumer spending environment" which led to weaker-than-expected sales of the Company's residential ...