SAN FRANCISCO, Nov. 16, 2023 (GLOBE NEWSWIRE) -- Hagens Berman urges SolarEdge Technologies, Inc. (NASDAQ:SEDG) investors who suffered substantial losses to submit your losses now.
Class Period: May 3, 2023 – Oct. 19, 2023
Lead Plaintiff Deadline: Jan. 2, 2024
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SolarEdge Technologies, Inc. (NASDAQ:SEDG) Securities Fraud Class Action:
The complaint alleges that Defendants misrepresented and concealed that:
(1) SolarEdge's distribution channels in Europe had higher than optimal inventory levels;
(2) that, as a result, the Company was experiencing substantial cancellations and pushouts of existing backlog from its European distributors;
(3) that, as a result, the Company's backlog and guidance was overstated; and
(4) that, as a result, Defendants' statements about its business, operations, and prospects, were materially false and misleading and/or ...
SEDG) Investors to Filing of Securities Fraud Class Action, Encourages Investors with Significant Losses to Contact its Attorneys>Full story available on Benzinga.com