San Diego, CA -- (SBWIRE) -- 08/18/2021 -- An investigation was announced concerning possible securities laws violations by Generac Holdings Inc. in connection with certain financial statements.

Investors who purchased shares of Generac Holdings Inc. (NYSE: GNRC), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm focuses on whether a series of statements by Generac Holdings Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

Waukesha, WI based Generac Holdings Inc. designs, manufactures, and sells power generation equipment, energy storage systems, and other power products for the residential, and light commercial and industrial markets worldwide. Generac Holdings Inc. reported that its annual Total Revenue rose from over $2.2 billion in 2019 to over $2.48 billion in 2020, and that its Net Income increased from $253.26 million in 2019 to $349.32 million in 2020. (NYSE: GNRC

On July 29, 2021, Generac Holdings Inc recalled several generators models after multiple reports of fingers being injured in the machines, according to the Consumer Product Safety Commission (CPSC). According to the CPSC, Generac has received eight injury reports, resulting in seven fingers amputations and one finger being crushed. The generators were sold at major home improvement and hardware stores nationwide and online from June 2013 through June 2021.

Shares of Generac Holdings Inc. (NYSE: GNRC) declined from $457 per share on July 26, 2021, to $396.20 per share on August 2, 2021.

Those who purchased shares of Generac Holdings Inc. (NYSE: GNRC) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.