SOLARIS 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 Solaris Energy Infrastructure, Inc. - SEI

NEW YORK & 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 May 27, 2025 to file lead plaintiff applications in a securities class action lawsuit against Solaris Energy Infrastructure, Inc. (“Solaris” or the “Company”) (NYSE: SEI), if they purchased the Company’s securities between July 9, 2024 and March 17, 2025, inclusive (the “Class Period”). This action is pending in the United States District Court for the Southern District of Texas.

What You May Do

If you purchased securities of Solaris 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 ([e-mail]), or visit https://www.ksfcounsel.com/cases/nyse-sei/ to learn more. If you wish to serve as a lead plaintiff in this class action, you must petition the Court by May 27, 2025.

About the Lawsuit

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

On July 9, 2024, the Company announced an agreement to acquire Mobile Energy Rentals LLC (“MER”), which was completed on September 11, 2024. The alleged false and misleading statements and omissions include, but are not limited to, that: (i) MER had little to no corporate history in the mobile turbine leasing space; (ii) MER did not have a diversified earnings stream; (iii) MER’s co-owner was a convicted felon associated with multiple allegations of turbine-related fraud; (4) as a result, the Company overstated the commercial prospects posed by the Acquisition; (5) the Company inflated profitability metrics by failing to properly depreciate its turbines; and (6) that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

The case is Pirello v. Solaris Energy Infrastructure, Inc., et al., No. 25-cv-01455.

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. This past year, KSF was ranked by SCAS among the top 10 firms nationally based upon total settlement value. KSF serves a variety of clients, including public and private institutional investors, 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, Delaware, California, Louisiana, Chicago, New Jersey, and a representative office in Luxembourg.

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