Equinix to Pay $41.5m to Settle Malpractice Lawsuit
July 22, 2025 Equinix
Equinix has agreed to pay $41.5 million as a settlement with the plaintiffs in a class action that alleged it misled its shareholders. According to Hindenburg’s March 2024 report, Equinix overstated its adjusted funds from operations (AFFO), a key profitability metric for REITs.It claimed that...
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