Levi & Korsinsky Notifies Investors with Losses on their Investment in Equinix, Inc. of Class Action Lawsuit by associate14

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									Levi & Korsinsky Notifies Investors with Losses on their Investment in
Equinix, Inc. of Class Action Lawsuit

Levi & Korsinsky announces that a class action lawsuit has been commenced
in the United States District Court for the Northern District of
California on behalf of purchasers of the common stock of Equinix, Inc.
on behalf of investors who purchased between July 29, 2010 and October 5,
2010 (the “Class Period”).

New York, NY, March 11, 2011 -- Levi & Korsinsky announces that a class
action lawsuit has been commenced in the United States District Court for
the Northern District of California on behalf of purchasers of the common
stock of Equinix, Inc. (“Equinix” or the “Company”) (Nasdaq: EQIX) on
behalf of investors who purchased between July 29, 2010 and October 5,
2010 (the “Class Period”).

The complaint alleges that during the Class Period, defendants violated
federal securities laws by failing to disclose that Equinix was having
difficulty with the integration of Switch & Data Corporation Facilities
into its operations due to a decline in bookings and the Company’s
synergy plan. The complaint further alleges that defendants failed to
disclose that the Company’s business model was not working and was
causing the Company to experience increased churn and pricing pressure on
its co-location services. As a result of defendants’ false statements,
Equinix’s stock traded at artificially inflated prices, reaching a high
of $105.09 per share on October 5, 2010. However, on October 5, 2010,
after Equinix announced it was revising its third quarter and fiscal year
2010 guidance, Equinix’s stock collapsed $34.75 per share to close at
$70.34 per share on October 6, 2010, a 33% decline.

If you are a member of the class and suffered a loss in Equinix stock,
you have until May 5, 2011 to request that the Court appoint you as lead
plaintiff. Your ability to share in any recovery is not affected by the
decision whether or not to serve as a lead plaintiff. To obtain
additional information about your rights, contact Joseph E. Levi, Esq.
either via email at jlevi@zlk.com or by telephone at (877) 363-5972, or
visit http://www.zlk.com/equinix-eqix.html.

Levi & Korsinsky has expertise in prosecuting investor securities
litigation and extensive experience in actions involving financial fraud
and represents investors throughout the nation, concentrating its
practice in securities and shareholder litigation. For more information,
please feel free to contact any of the attorneys listed below. Attorney
advertising. Prior results do not guarantee similar outcomes.

Contact: Levi & Korsinsky, LLP, Joseph Levi, Esq., Eduard Korsinsky,
Esq., 30 Broad Street - 15th Floor , New York, NY 10004, Tel: (212) 363-
7500, Toll Free: (877) 363-5972, Fax: (212) 363-7171, http://www.zlk.com


Contact:
Joanna Chlebus
Levi & Korsinsky, LLP
30 Broad St.15th Floor
New York, NY 10004
212-363-7500
jchlebus@zlk.com
http://www.zlk.com

								
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