NEW YORK, Feb. 18, 2022 /PRNewswire/ -- Jakubowitz Law
announces that a securities fraud class action lawsuit has
commenced on behalf of shareholders of First Solar, Inc. (NASDAQ:
FSLR).
To receive updates on the lawsuit, fill out the
form:
https://claimyourloss.com/securities/first-solar-inc-loss-submission-form/?id=23808&from=4
This lawsuit is on behalf of all persons or entities that
purchased or otherwise acquired shares of First Solar common stock
between February 22, 2019, and
February 20, 2020, inclusive.
Shareholders interested in acting as a lead plaintiff
representing the class of wronged shareholders have until
March 8, 2022 to petition the
court. Your ability to share in any recovery doesn't require that
you serve as a lead plaintiff.
According to the filed complaint, defendants made repeated
misrepresentations to investors regarding the development of First
Solar's 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.
Jakubowitz Law is vigorous in pursuit of justice for
shareholders who have been the victim of securities fraud. Attorney
advertising. Prior results do not guarantee similar outcomes.
CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887
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SOURCE Jakubowitz Law