Equinix Securities Settlement
If you purchased or otherwise acquired Equinix, Inc. (NASDAQ: EQIX) common stock between May 3, 2019 and March 24, 2024, you could receive money from a proposed $41.5 million class action settlement. Eligible investors must submit a valid Proof of Claim by December 24, 2025. Act now to protect your rights.
Who Is Eligible?
- All persons and entities that bought or acquired Equinix common stock from May 3, 2019 through March 24, 2024, inclusive, and suffered damages as alleged.
- Exclusions: the defendants (Equinix, Charles Meyers, Keith D. Taylor), their immediate families, current/former officers and directors, affiliates, and anyone who timely requests exclusion.
Settlement Benefits
Defendants have agreed to pay $41.5 million in cash. After deducting taxes, administration costs, and court-approved attorneys’ fees, the net fund will be distributed pro rata to Class Members who submit valid claims. Your individual recovery will depend on:
- How many shares of Equinix stock you bought and sold during the Class Period;
- When you bought and sold those shares; and
- The total number and value of claims filed by other Class Members.
Key Deadlines
- Exclude Yourself: December 1, 2025
- Object to Settlement: December 1, 2025
- File Proof of Claim: December 24, 2025
- Settlement Hearing: December 18, 2025 @ 2:00 p.m. PST (via Zoom – court link)
How to File Your Claim
Submit the required Proof of Claim and supporting documents online (through the settlement website) or by mail so it’s postmarked no later than December 24, 2025:
Download Proof of Claim & Release (PDF)Need more detail?
For complete terms, please review the Court’s Preliminary Approval Order:
View Preliminary Approval Order (PDF)Your Legal Options
- Submit a Claim: Receive a payment if eligible and keep the right to object.
- Request Exclusion: Get no payment, but keep your right to sue the defendants individually.
- Object: Tell the Court why you don’t like the Settlement while remaining in the Class.
- Attend the Hearing: Ask to speak about the Settlement on December 18, 2025.
- Do Nothing: Give up compensation and remain bound by the Court’s judgment.
Background of the Case
The lawsuit, led by the Uniformed Sanitationmen's Association Compensation Accrual Fund, alleges that Equinix and certain senior executives violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934, allegedly misleading investors about the company’s financials. Defendants deny all wrongdoing. Rather than proceed to trial, both sides agreed to settle to avoid further litigation risk and expense.
Frequently Asked Questions
What is the Equinix Securities Settlement about?
The Settlement resolves claims that Equinix and two executives misrepresented financial information, allegedly inflating the company’s stock price during the Class Period.
Am I automatically included in the Equinix Securities Settlement?
You are included if you bought or acquired Equinix common stock between May 3, 2019 and March 24, 2024, unless you fall within the listed exclusions or timely opt out.
How do I get paid from the Equinix Securities Settlement?
Download, complete, and submit the Proof of Claim form with trade documentation by December 24, 2025. Late or incomplete claims may be rejected.
Can I still sue Equinix if I participate?
No. By remaining in the Class and receiving payment, you release all claims related to the allegations in this lawsuit.
What happens if the Court does not approve the Equinix Securities Settlement?
If the Settlement is not approved, there will be no payments and the case may continue toward trial.