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Lead Plaintiff Deadline
Jan 2, 2024
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The filed complaint alleges that SolarEdge Technologies, Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) the Company’s distribution channels in Europe had higher than optimal inventory levels; (2) as a result, the Company was experiencing substantial cancellations and pushouts of existing backlog from its European distributors; (3) as a result, the Company’s backlog and guidance was overstated; and (4) as a result, defendants’ statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.
In order to be eligible to join the SEDG class action lawsuit, you must have incurred a loss on shares of SolarEdge purchased during the class period listed above.
If you suffered a loss in SolarEdge during the relevant time frame or pursuant to the relevant offering(s), you have until January 2, 2024 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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