Generac Holdings Inc.

Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of common stock of Generac Holdings Inc. (NYSE: GNRC) between May 3, 2023 and August 3, 2023, both dates inclusive (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than January 22, 2024.

If you purchased Generac common stock during the Class Period and would like to join the action, please click “Join This Class Action.”

Class Period:May 3, 2023 through August 3, 2023
If you purchased Generac common stock during Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

Details of the case:

According to the lawsuit, on the Company’s May 3, 2023 quarterly earnings call, President and Chief Executive Officer (“CEO”) Aaron P. Jagfeld noted that the Company’s sales and earnings had declined year-over-year and quarter-over-quarter before giving investors an optimistic outlook and an expectation for improvement in the second half of 2023. Then, on the Company’s August 2, 2023 quarterly earnings call, Jagfeld revealed lackluster quarterly results, including a $1 billion sales decrease year-over-year and that residential sales decreased 44%. When explaining that decline, the lawsuit claims Jagfeld contradicted his May statements.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Follow us on:
Company Name: Generac Holdings Inc.
Stock Symbol: GNRC
Class Period: May 3, 2023 through August 3, 2023
Court: United States District Court Western District of Wisconsin

Why Rosen Law

The Rosen Law Firm has been ranked among the top 4 law firms each year since 2013 for the number of successful securities class actions on behalf of investors. In 2019 alone, our firm recovered $438 million for investors.

Investors should carefully identify and select experienced counsel with a track record of success leading securities class actions. Often other firms issue press releases about class actions yet do not have comparable experience or resources.

Institutional Shareholders Services ranked the Rosen Law Firm # 1 for the number of securities class action recoveries in 2017.

The Rosen Law Firm represents investors throughout the globe. Our mission is to prosecute securities fraud class actions and protect shareholders’ rights.

Scroll to Top