A settlement has been reached in a lawsuit alleging that Equinix made false and misleading statements regarding its financial accounting and data center power capacity, which artificially inflated its stock price. Individuals who purchased Equinix stock between May 3, 2019, and March 24, 2024, may be eligible for a payment from the $41,500,000 settlement fund.
A settlement has been reached in the class action lawsuit titled Uniformed Sanitationmen's Association Compensation Accrual Fund v. Equinix Inc. et al. The case alleges that Equinix and certain executives made materially false and misleading statements regarding the company's financial accounting practices and the power capacity of its data centers, which artificially inflated Equinix's reported financial results and stock price. The defendants deny any wrongdoing but have agreed to a settlement to avoid the costs and risks of further litigation.
Individuals who purchased or otherwise acquired Equinix Inc. common stock between May 3, 2019, and March 24, 2024, inclusive, and suffered damages as a result of the alleged violations, are eligible to be class members.
Purchased or otherwise acquired Equinix Inc. common stock between May 3, 2019, and March 24, 2024, inclusive.
Suffered damages as a result of the alleged violations.
Submit a claim form to be eligible for a payment from the $41,500,000 settlement fund.
The deadline to submit a claim is December 24, 2025.
Our mission is to help people get the compensation they deserve. We are providing this information and a direct link to the official site to ensure you don't miss out on money you may be owed. However, this will mean that claims submitted for this settlement will not be reviewed, monitored, or have additional support from ClaimsHero.
No. For this claim, we are directing you to the official claims administrator website. There are no fees from ClaimsHero. This is different from our full-service representation campaigns, where we work on a contingency basis, review and monitor the status of your claim, and only get paid if your claim is successful.
Our goal is to raise awareness and guide you to the official claims website. We do not review your claim, handle your documents, monitor the status of your claim, contact you if there are any needed revisions or updates, or represent you in this specific matter. Our goal is to ensure you are provided a path to make your claim.
You must file your claim directly on the official settlement website, which is managed by the court-appointed claims administrator. The only place to submit your claim is through the link provided above.
All questions about your claim must be directed to the claims administrator. Because we simply provide a path to the claims administrator’s website to submit, our support team does not have access to your submission details. You can find their contact information on the official website through the link provided above.
If you have more questions, please visit the official website of this settlement and contact the claims administrator.
