SHLS - SHLS Stockholders: Additional Lawsuit Filed Against Shoals Technologies Group Inc.; Contact Robbins LLP Regarding the May 21 2024 Lead Plaintiff Deadline | Benzinga
SAN DIEGO, May 09, 2024 (GLOBE NEWSWIRE) -- Robbins LLP informs investors that a second shareholder filed a class action on behalf of all persons and entities that purchased or otherwise acquired Shoals Technologies Group, Inc. (NASDAQ:SHLS) common stock (1) pursuant to the Company's December 2022 second public offering, or (2) between May 17, 2022 and November 7, 2023. Shoals purports to be a leading provider of electrical balance of system ("EBOS") products for solar power generation, battery storage, and electric vehicle charging infrastructure.
For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003.
The Allegations: Robbins LLP is Investigating the Allegations that Shoals Technologies Group, Inc. (SHLS) Delivered Defective Products
According to the complaint, during the class period, defendants failed to disclose that ally, Defendants failed to disclose to investors that: (1) Shoals did not deliver EBOS products that met the highest levels of quality and reliability; (2) Shoals had received reports of exposed copper conduit in EBOS wire harnesses in a large number of solar fields and was aware that a significant portion of its wire harnesses had defects; (3) Shoals would have ...