SHLS - Glancy Prongay & Murray LLP Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Shoals Technologies Group Inc. (SHLS) | Benzinga

LOS ANGELES, April 05, 2024 (GLOBE NEWSWIRE) -- Glancy Prongay & Murray LLP ("GPM") reminds investors of the upcoming May 21, 2024 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired Shoals Technologies Group, Inc. ("Shoals" or the "Company") (NASDAQ:SHLS) common stock between May 17, 2022 and November 7, 2023, inclusive (the "Class Period").

If you suffered a loss on your Shoals investments or would like to inquire about potentially pursuing claims to recover your loss under the federal securities laws, you can submit your contact information at www.glancylaw.com/cases/Shoals-Technologies-Group-Inc/. You can also contact Charles H. Linehan, of GPM at 310-201-9150, Toll-Free at 888-773-9224, or via email at shareholders@glancylaw.com to learn more about your rights.

On August 1, 2023, Shoals disclosed that it had recorded a warranty liability of $9.3 million related to an issue involving "a subset of wire harnesses used in [Shoals' electrical balance of system ("EBOS")] solutions presenting excessive pull back of wire insulation at connection points," which Shoals dubbed "shrinkback."

Then, ...

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