• 12-Jun-2024

Class Action Lawsuit Filed Against SolarEdge Technologies, Inc. (SEDG) on Behalf of Investors – Nationally Ranked Investors' Rights Firm Holzer & Holzer, LLC Encourages Investors With Significant Losses to Contact the Firm

Grand News Network | November 6, 2023

ATLANTA, Nov. 06, 2023 (GLOBE NEWSWIRE) -- Holzer & Holzer, LLC informs investors that a shareholder class action lawsuit has been filed against SolarEdge Technologies, Inc. ("SolarEdge" or the "Company") (NASDAQ:SEDG). The lawsuit alleges SolarEdge made false or misleading statements and/or omitted material adverse information regarding the Company's business, operations, and prospects, including: (1) the Company'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; and (3) that, as a ...

Full story available on Benzinga.com

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