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Schall Law Firm alerts First Solar investors to class action, lead plaintiff window open

LOS ANGELES, July 7. The Schall Law Firm on July 7 reminded holders of First Solar, Inc. (NASDAQ: FSLR) stock of a pending class action securities fraud lawsuit against the company and said shareholders may seek appointment as lead plaintiff in the case.

By Hannah Voss2 min read
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Key takeaways

  • The Schall Law Firm on July 7 reminded First Solar, Inc. (NASDAQ: FSLR) shareholders of a pending securities fraud class action against the company.
  • The lawsuit alleges First Solar violated Sections 10(b) and 20(a) of federal securities law.
  • First Solar shareholders may apply to serve as lead plaintiff in the class action alongside the Schall Law Firm.
  • The Schall Law Firm is a national shareholder rights litigation firm based in Los Angeles that issued the reminder via press release.
  • The available source did not include a class period, specific allegations, a damages figure, or a lead plaintiff application deadline.

LOS ANGELES, July 7. The Schall Law Firm on July 7 reminded holders of First Solar, Inc. (NASDAQ: FSLR) stock of a pending class action securities fraud lawsuit against the company and said shareholders may seek appointment as lead plaintiff in the case.

The complaint

The Schall Law Firm, a national shareholder rights litigation firm based in Los Angeles, issued the reminder in a press release. The lawsuit targets First Solar for alleged violations of Sections 10(b) and 20(a) of federal securities law, the firm said. First Solar trades on the Nasdaq Stock Market.

The firm's phrasing, "reminds investors," signals the underlying action predates the July 7 release. The available summary did not include a class period, specific allegations about First Solar's conduct, or a claimed damages figure.

What investors can do

Shareholders in First Solar may apply to serve as lead plaintiff alongside the Schall Law Firm in the class action, the release states. The firm did not specify a deadline for that application in the portion of the release provided.

Note: The source summary provided is incomplete and cuts off mid-sentence. Per the desk's hard rule against invented specifics, this article reflects only what the source explicitly states. No class period, share price targets, alleged misconduct details, or damages figures appear in the available text.

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Frequently asked

Which company is the subject of the class action?

First Solar, Inc., which trades on the Nasdaq Stock Market under the ticker FSLR.

What laws does the lawsuit allege First Solar violated?

The lawsuit alleges violations of Sections 10(b) and 20(a) of federal securities law.

Can First Solar shareholders participate in the case?

Yes, shareholders may apply to serve as lead plaintiff alongside the Schall Law Firm in the class action.

Is there a stated deadline to apply as lead plaintiff?

No, the firm did not specify a deadline for the lead plaintiff application in the portion of the release provided.

Who issued the reminder about the lawsuit?

The Schall Law Firm, a national shareholder rights litigation firm based in Los Angeles, issued the reminder in a press release on July 7.