SHOALS TECHNOLOGIES INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Shoals Technologies Group, Inc. - SHLS
Shoals Technologies Group, Inc. - Class A (SHLS)
Company Research
Source: Business Wire
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF has commenced an investigation into Shoals Technologies Group, Inc. (NasdaqGM: SHLS).On November 7, 2023, the Company filed its 3Q2023 Quarterly Report disclosing that a defect with its wiring harnesses involving excessive pull back of wire insulation, or “shrinkback,” was far more severe than previously disclosed. Specifically, the Company reported that the shrinkback issue affected 30% of its harnesses installed between 2020 and 2022, booked a $50.2 million warranty expense for the quarter related to the shrinkback issue, and provided a range of potential loss related to the shrinkback issue of $59.7 million to $184.9 million.Thereafter, the Company and certain of its executives were sued in a securities class action lawsuit, charging them with failing to disclose material information during the Class Peri
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SHLS
News
- Shoals Technologies Group, Inc. Reports Financial Results for Third Quarter 2024GlobeNewswire
- Is It Too Late To Consider Buying Shoals Technologies Group, Inc. (NASDAQ:SHLS)? [Yahoo! Finance]Yahoo! Finance
- SHLS ALERT- Levi & Korsinsky Has Commenced an Investigation on Behalf of Shoals Technologies Group, Inc. Shareholders Who Lost MoneyAccesswire
- Lost Money on Shoals Technologies Group, Inc.(SHLS)? Contact Levi & Korsinsky Regarding an Ongoing InvestigationAccesswire
- SHLS STOCK ALERT: Levi & Korsinsky Notifies Shoals Technologies Group, Inc. Investors of an Ongoing InvestigationAccesswire
SHLS
Earnings
- 11/12/24 - In-Line
SHLS
Sec Filings
- 11/12/24 - Form 10-Q
- 11/12/24 - Form 8-K
- 11/8/24 - Form SC
- SHLS's page on the SEC website