A securities class action has been filed against Tigo Energy, Inc. (TYGO) on behalf of persons or entities who purchased or otherwise acquired publicly traded Tigo securities between February 24, 2026 through August 4, 2026. This case has been filed in the USDC – NDCA.
On August 4, 2026, Tigo leadership announced that they were revising their income projections for 2026 downward, citing major delays in the execution of the partnership. They further stated that they did not expect to see material income from the agreement until 2027.
On this news, Tigo’s stock price fell from $2.05 on August 4 to $1.29 per share on August 5, or approximately 37%.