Generac Holdings Inc. Securities Fraud Class Action
Case Background:
This is a federal securities fraud class action lawsuit on behalf of those who purchased or otherwise acquired Generac Holdings Inc. (“Generac”) (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 Generac 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) Generac 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 Generac’s business metrics and financial prospects had been grossly overstated and materially misrepresented throughout the Class Period.
Current Status of Case:
On April 30, 2026, the Court granted Defendants’ Motion to Dismiss the Amended Complaint. On June 1, 2026, the Lead Plaintiff appealed the District Court’s dismissal to the United States Court of Appeals for the Seventh Circuit. The appeal is ongoing.
If you wish to discuss this action or have any questions, please contact Kessler Topaz Meltzer & Check, LLP: Jon Naji, Esq. (484) 270-1453; toll-free at (844) 887-9500; or via e-mail at [email protected]. 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.
ABOUT KESSLER TOPAZ MELTZER & CHECK, LLP:
Kessler Topaz Meltzer & Check, LLP (KTMC) is a leading U.S. plaintiff-side law firm focused on securities-fraud class actions and global investor protection. The firm represents individual investors as well as institutions, such as major pension funds, asset managers, and international investors. KTMC has led some of the largest recoveries in securities litigation and has been recognized by peers and the legal media with numerous accolades, including The National Law Journal’s Plaintiff’s Hot List and Trailblazers in Plaintiffs’ Law, BTI Consulting Group’s Honor Roll of Most Feared Law Firms, The Legal Intelligencer’s Class Action Firm of the Year, Lawdragon’s Leading Plaintiff Financial Lawyers, and Law360’s Titans of the Plaintiffs Bar. The firm operates globally with offices in Pennsylvania and California. KTMC has recovered over $25 billion for our clients and the classes they represent.