Generac Holdings Inc. Securities Fraud Class Action

Case Background:  

This is a federal securities fraud class action lawsuit on behalf of all persons and entities that purchased or otherwise acquired  Generac Holdings Inc. (“Generac” or the “Company”) (NYSE: GNRC) common stock between April 29, 2021 and November 1, 2022, inclusive (the “Class Period”). 

The complaint alleges that, throughout the Class Period, Defendants made false and/or misleading statements and/or failed to disclose that: (1) the Company had been suffering substantial declines in demand for its legacy generator product offerings, causing the Company to slash product prices by nearly 20% and engage in a massive acquisition spree in an attempt to offset waning demand; (2) SnapRS components being marketed and sold through a partnership with the Company suffered from serious product defect and safety issues; (3) the Company was exposed to significant impending warranty liability related to the Company's participation in the sale of SnapRS components; and (4) as a result of the foregoing, the strength of the Company's business metrics and financial prospects had been grossly overstated and materially misrepresented throughout the Class Period.

Current Status of Case:

On April 30, 2025, Defendants filed a Motion to Dismiss the Amended Complaint. The Motion is fully briefed and pending decision before the Court.  This action is ongoing. 

If you wish to discuss this action or have any questions concerning this notice or your rights or interests with respect to these matters, please contact Kessler Topaz Meltzer & Check, LLP: Jon Naji, Esq. (484) 270-1453; or via e-mail at info@ktmc.com. If you would like additional information about the suit, please click on the link "Submit Your Information" above and fill out the form as promptly as possible.