EQUINIX INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Equinix, Inc. - EQIX
Equinix, Inc. (EQIX)
Last equinix, inc. earnings: 2/12 04:01 pm
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US:NASDAQ Investor Relations:
equinix.com/company/investors
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Source: Business Wire
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF has commenced an investigation into Equinix, Inc. (NasdaqGS: EQIX).On March 20, 2024, Hindenburg Research released a report entitled “Equinix Exposed: Major Accounting Manipulation, Core Business Decay And Selling an AI Pipe Dream As Insiders Cashed Out Hundreds of Millions” that detailed a multitude of allegations against the Company, including that it manipulated profit margin and AFFO by misclassifying typical operational expenses, or maintenance CapEx, as growth CapEx and engaged in an undisclosed and highly risky approach to revenue growth by overselling power capacity in the hope that the customer will not use all of the power, which could result in facility outages and a failure to fulfill contractual obligations. Then, on March 25, 2020, the Company disclosed that it had received a subpoena from the
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EQIX
News
- Big Tech spurs new demand for SMRs providing nuclear power [Yahoo! Finance]Yahoo! Finance
- Here's How You Can Earn $100 In Passive Income By Investing In Equinix Stock [Yahoo! Finance]Yahoo! Finance
- Is Equinix, Inc. (EQIX) the Best Real Estate Stock to Buy For Beginners? [Yahoo! Finance]Yahoo! Finance
- Equinix, Inc. (NASDAQ: EQIX) had its price target raised by analysts at The Goldman Sachs Group, Inc. from $870.00 to $980.00. They now have a "buy" rating on the stock.MarketBeat
- Equinix, Inc. (NASDAQ: EQIX) had its "hold" rating re-affirmed by analysts at Cfra.MarketBeat
EQIX
Earnings
- 8/7/24 - Miss
EQIX
Sec Filings
- 9/23/24 - Form CERT
- 9/13/24 - Form 8-K
- 9/11/24 - Form 4
- EQIX's page on the SEC website