Generac Holdings, a manufacturer of backup power generators, and its top executives were slapped with a securities class action Friday in California Central District Court. The suit, filed by Rosen Law Firm, contends that Generac misled investors regarding the safety of its portable generators prior to the announcements of government recalls in the U.S. and Canada. Counsel have not yet appeared for the defendants. The case is 2:21-cv-06777, Khami v. Generac Holdings Inc. et al.
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