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First Solar, Inc.


A securities class action has been filed against First Solar, Inc. (FSLR) on behalf of shareholders who purchased First Solar stock between February 22, 2019 through February 20, 2020.  This case has been filed in the USDC – AZ.

The complaint alleges that, throughout the Class Period, 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. As a result of Defendants’ misrepresentations, First Solar common stock traded at artificially inflated prices during the Class Period.

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Securities