-

FIRST SOLAR SHAREHOLDER ALERT by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Reminds Investors With Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against First Solar, Inc. - FSLR

NEW ORLEANS--(BUSINESS WIRE)--Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until March 8, 2022 to file lead plaintiff applications in a securities class action lawsuit against First Solar, Inc. (NasdaqGS: FSLR), if they purchased the Company’s shares between February 22, 2019 and February 20, 2020, inclusive (the “Class Period”). This action is pending in the United States District Court for the District of Arizona.

What You May Do

If you purchased shares of First Solar as above and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email (lewis.kahn@ksfcounsel.com), or visit https://www.ksfcounsel.com/cases/nasdaqgs-fslr/ to learn more. If you wish to serve as a lead plaintiff in this class action, you must petition the Court by March 8, 2022.

About the Lawsuit

First Solar and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.

On February 20, 2020, the Company disclosed that it was exploring the sale of its Project Development business, that it was experiencing “challenges with regard to certain aspects of the overall cost per watt,” and that it would no longer be disclosing a discrete cost per watt for its Series 6 units.

On this news, shares of First Solar declined, damaging shareholders.

The case is City of Pontiac General Employees’ Retirement System v. First Solar, Inc., No. 22-cv-00036.

About Kahn Swick & Foti, LLC

KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation’s premier boutique securities litigation law firms. KSF serves a variety of clients – including public institutional investors, hedge funds, money managers and retail investors – in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies. KSF has offices in New York, California, Louisiana and New Jersey.

To learn more about KSF, you may visit www.ksfcounsel.com.

Contacts

Kahn Swick & Foti, LLC
Lewis Kahn, Managing Partner
lewis.kahn@ksfcounsel.com
1-877-515-1850

Industry:

Kahn Swick & Foti, LLC

NASDAQ:FSLR
Release Versions
English

Contacts

Kahn Swick & Foti, LLC
Lewis Kahn, Managing Partner
lewis.kahn@ksfcounsel.com
1-877-515-1850

More News From Kahn Swick & Foti, LLC

Kahn Swick & Foti, LLC Filed A Class Action Lawsuit on Behalf of Shareholders of Smartsheet Inc. In The Western District of Washington

NEW YORK CITY & NEW ORLEANS--(BUSINESS WIRE)--Notice is hereby given that Kahn Swick & Foti, LLC has filed a class action lawsuit in the United States District Court for the Western District of Washington, Case No. 2:25-cv-02530, on behalf of former public common shareholders of Smartsheet Inc. (“Smartsheet” or the “Company”) who held Smartsheet securities as of the record date, October 25, 2024 (the “Class Period”), and who were harmed by the Defendants’ alleged violations of Sections 14(a...

United Homes Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of United Homes Group, Inc. - UHG

NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of United Homes Group, Inc. (NasdaqGM: UHG) to Stanley Martin Homes, LLC. Under the terms of the proposed transaction, shareholders of United Homes will receive $1.18 per share in cash. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the co...

Arcellx Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Arcellx, Inc. - ACLX

NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Arcellx, Inc. (NasdaqGS: ACLX) to Gilead Sciences, Inc. (NasdaqGS: GILD). Under the terms of the proposed transaction, shareholders of Arcellx will receive $115.00 per share in cash plus one contingent value right of $5.00 per share upon the achievement of certain milestones. KSF is seeking to deter...
Back to Newsroom