Finance

Investor Alert: Lawsuits Initiated Against VNET, ASRT, and CMI by Bragar Eagel & Squire, P.C.

Published February 14, 2024

NEW YORK, Feb. 13, 2024—Bragar Eagel & Squire, P.C., a law firm with a reputation for defending shareholder rights, is announcing the initiation of class action lawsuits representing the interests of shareholders for several publicly traded companies. The lawsuits are targeting the following entities: VNET Group, Inc. VNET, Assertio Holdings, Inc. ASRT, and Cummins Inc. CMI. These legal proceedings are in response to alleged violations of federal securities laws by the aforementioned companies.

Assertio Holdings, Inc. ASRT Overview

Based in Lake Forest, Illinois, ASRT specializes in the commercial pharmaceutical market, offering treatments centred around neurology, hospital care, as well as pain and inflammation management. As a part of the healthcare sector, ASRT's performance is critical to investors focused on pharmaceutical innovation and distribution.

Cummins Inc. CMI Insights

Cummins, operating out of Columbus, Indiana, is an established multinational corporation that is renowned for its design, manufacturing, and distribution of engines, filtration, and power generation products. In addition to creating these critical components, CMI also provides comprehensive services for engines and associated equipment, covering a wide range of systems from fuel management to emission control.

21Vianet Group, Inc. VNET Details

VNET is an investment holding company based in Beijing, the People's Republic of China. It offers hosting and related services to a variety of clients, including Internet companies, government institutions, prominent enterprises, as well as small and medium-sized businesses. In the technology sector, VNET's performance and service reliability play a pivotal role in maintaining the digital infrastructure of the region.

Investors, Lawsuits, Shareholders