Equinix OKs $41.5M Settlement Of Capital Spending Claims

By Nate Beck · July 17, 2025, 2:38 PM EDT

Data center developer Equinix has agreed to pay $41.5 million to settle class claims from a pension fund saying the company mislabeled spending on maintenance expenses over a five-year period to...

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Case Information

Case Title

Uniformed Sanitationmen's Association Compensation Accrual Fund v. Equinix, Inc. et al

Case Number

3:24-cv-02656

Court

California Northern

Nature of Suit

Securities/Commodities

Date Filed

May 02, 2024