The Law Offices of Vincent Wong announce that a class action lawsuit has been commenced in the United States District Court for the District of Arizona on behalf of investors who purchased First Solar, Inc. (NASDAQ: FSLR) common stock between February 22, 2019 and February 20, 2020.
According to the First Solar lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: According to the filed complaint, defendants made repeated misrepresentations to investors regarding the development of First Solar’s newest “Series 6” solar module, the cost per unit it could achieve with that module, and the impact the changeover to this new product would have on the viability of its other business segments. As a result of defendants’ misrepresentations, First Solar common stock traded at artificially inflated prices during the class period.
If you suffered a loss in First Solar you have until March 8, 2022 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn\’t require that you serve as a lead plaintiff.
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