SAN FRANCISCO, June 13, 2024 (GLOBE NEWSWIRE) -- Hagens Berman urges Equinix, Inc. (NASDAQ:EQIX) investors who suffered substantial losses to take action by submitting your losses now.
Class Period: May 3, 2019 – Mar. 24, 2024
Lead Plaintiff Deadline: July 1, 2024
Visit: www.hbsslaw.com/investor-fraud/EQIX
Contact the Firm Now: EQIX@hbsslaw.com
844-916-0895
Equinix, Inc. (NASDAQ:EQIX) Class Action:
Data center giant Equinix remains embroiled in a public spat with short seller Hindenburg Research over its accounting practices. The controversy centers on Equinix's reported Adjusted Funds from Operations (AFFO), a key profitability metric for real estate investment trusts (REITs).
Hindenburg ignited the firestorm in a March 2024 report, alleging Equinix manipulates AFFO by misclassifying essential maintenance expenditures as growth-related capital expenditures (CapEx). This ...
EQIX) Financials Under Scrutiny as Short Seller Dispute Intensifies - Hagens Berman June 13, 2024>Full story available on Benzinga.com