San Diego, CA -- (SBWire) -- 05/11/2022 --An investigation was announced concerning potential breaches of fiduciary duties by certain directors and officers of First Solar, Inc.
Investors who are current long term investors in First Solar, Inc. (NASDAQ: FSLR) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm for current long term investors in NASDAQ: FSLR stocks follows a lawsuit filed against First Solar, Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ: FSLR stocks, concerns whether certain First Solar directors are liable in connection with the allegations made in that lawsuit.
The plaintiff alleges that, the Defendants made repeated misrepresentations to investors regarding the development of its 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, and that as a result of Defendants' misrepresentations, First Solar common stock traded at artificially inflated prices between February 22, 2019 and February 20, 2020.
Those who purchased shares of First Solar, Inc. (NASDAQ: FSLR) have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Christopher Clausen
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com
About The Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
First Solar, Inc. (NASDAQ: FSLR) Long Term Shareholder Notice: Investigation over Possible Wrongdoing
An investigation on behalf of current long term investors in First Solar, Inc. (NASDAQ: FSLR) shares over possible breaches of fiduciary duty by certain officers and directors was announced.