BOSTON, June 3, 2020 /PRNewswire/ -- Kyros Law Offices is
alerting investors of First Solar Inc (NASDAQ: FSLR) that it is
filing legal claims against the company on behalf of investors.
The company has recently agreed to settle a shareholder lawsuit
filed against it by investors for over $350
million dollars.
First Solar Inc (NASDAQ: FSLR) investors that purchased
between 04/30/2008 and 02/28/2012 are
urged to contact our law firm immediately to protect their rights.
Visit our FSLR Lawsuit Settlement website or
call 1-800-934-2921 to speak to someone about your case. Your legal
rights will be affected whether you act or do not act. If you do
not act, you may permanently forfeit your right to recover on this
claim.
In 2012, a shareholder lawsuit filed against the company alleged
US securities law violations committed by First Solar Inc (NASDAQ:
FSLR) management that led to significant losses to investors. These
allegations stemmed from defective panels manufactured by the
company that caused First Solar Inc (NASDAQ: FSLR) to pay out
hundreds of millions of dollars in warranty claims on these
defective panels.
On September 23, 2011, First Solar
Inc (NASDAQ: FSLR) informed the staff of the Securities and
Exchange Commission that First Solar Inc was commencing an internal
investigation regarding a possible violation of Regulation Fair
Disclosure.
Shares of First Solar Inc (NASDAQ: FSLR) declined from a high of
over $300 in 2008 to under
$26 on March
12, 2012.
First Solar Inc (NASDAQ: FSLR) investors that purchased
between 04/30/2008 and 02/28/2012 are
urged to contact our law firm immediately to protect their rights.
Visit our FSLR Lawsuit Settlement website or
call 1-800-934-2921 to find out if you have a claim.
Receive alerts about potential class action lawsuits that may
affect you by visiting the Class Action Lawsuit Center
website.
Kyros Law specializes in a
wide range of complex litigation, mass torts, and corporate
governance matters, including the representation of whistleblowers,
shareholders and consumers in securities fraud, false claims act
and class actions. Our lawyers have been responsible for recovering
hundreds of millions of dollars for our clients throughout
the United States, Africa, Asia
and Europe. Visit our
website to learn more about our firm.
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SOURCE Kyros Law