SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation Involving Possible Securities Fraud Violations by Officers of Generac Holdings Inc. (GNRC)

PRESS RELEASE
Published September 29, 2023

NEW YORK, NY / ACCESSWIRE / September 29, 2023 / Levi & Korsinsky notifies investors that it has commenced an investigation of Generac Holdings Inc. ("Generac") (NYSE:GNRC) concerning possible violations of federal securities laws.

On August 2, 2023, Generac announced revised downwards guidance for 2023 due to "weakness in residential products." The Company blamed the downturn on a "softer consumer spending environment" which led to weaker-than-expected sales of the Company's residential units. Following this news, Generac's stock price fell by $37.46 per share, or approximately 25% to close at $115.95 per share. To obtain additional information, go to:

https://zlk.com/pslra-1/generac-lawsuit-submission-form?prid=50183&wire=1

or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212)363-7500.

WHY LEVI & KORSINSKY: Over the past 20 years, Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States. Attorney Advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 17th Floor
New York, NY 10004
jlevi@levikorsinsky.com
Tel: (212)363-7500
Fax: (212)363-7171
https://zlk.com/

SOURCE: Levi & Korsinsky, LLP



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https://www.accesswire.com/788945/shareholder-alert-levi-korsinsky-llp-notifies-investors-of-an-investigation-involving-possible-securities-fraud-violations-by-officers-of-generac-holdings-inc-gnrc

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