Uniformed Sanitationmen's Association Compensation Accrual Fund v. Equinix, Inc. et al
Case Number:
3:24-cv-02656
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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April 21, 2025
Investors Seek Class Status On Equinix Capital Spend Claims
A group of Equinix investors asked a California federal judge for class certification on their claims that the data center developer mislabeled spending on batteries, light bulbs and other maintenance expenses so two executives could collect bonuses of $150 million.
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January 07, 2025
Judge Trims Shareholders' Suit Against Data Center REIT
Equinix Inc. has escaped a claim stemming from a proposed securities class action in California federal court that accused the data center-focused real estate investment trust of misleading investors about its power capacity, growth potential and capital expenditures.
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July 05, 2024
Robbins Geller, Rosen Law Firm Seek Lead Role In REIT Row
Two parties urged a California federal court to appoint them as the lead plaintiff and their legal representation as the lead counsel for a proposed securities class action that accuses Equinix Inc., a data-center focused real estate investment trust, or REIT, of artificially pumping up its financial metrics.
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May 03, 2024
Investors Claim Data Center REIT Manipulated Financials
A proposed class of Equinix Inc. shareholders has accused the data-center-focused real estate investment trust in California federal court of artificially inflating its financial metrics.