Generac Holdings

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Portnoy Law Firm
Lesley F. Portnoy, Esq.,
Office: 310.692.8883
1800 Century Park East, Suite 600
Los Angeles, CA 90067

It is alleged in this complaint that Generac made misleading and false statements to the market. Generac’s portable generators had suffered from an unreasonable risk of injuring their operators, as well as the general public. Generac had received reports of at least seven amputations of fingers and one crushed finger in relation to its generators. In June 2021, Generac ended sales of certain generators in the U.S. and Canada, and subsequently recalled generators that were already sold. These actions were taken before the busy hurricane and wildfire seasons which Generac touted as strong sales periods. Generac’s public statements were false and materially misleading throughout the class period, based on these facts. investors suffered damages when the market learned the truth about Generac.