The legal action, spearheaded by Levi & Korsinsky, LLP, targets a period of significant volatility for the solar manufacturer. According to the complaint, management consistently framed tariff-related headwinds and production issues as manageable or temporary, even as external pressures intensified. Tensions reached a breaking point in early 2026, when a series of disappointing financial results and analyst downgrades triggered sharp declines in share value. Specifically, the stock dropped 10.29% on January 7, 2026, followed by a 13.61% collapse on February 25, 2026, after the company issued lower-than-expected revenue guidance.

Joseph E. Levi, representing the firm, noted that the timeline of the company’s disclosures raises questions regarding the consistency of their public messaging during the year-long period. The lawsuit highlights major events, including the termination of 6.6 gigawatts of bookings following BP affiliate defaults and the subsequent announcement of a $330 million U.S. facility. Investors seeking to serve as lead plaintiff in the case have until August 24, 2026, to file with the court. Participation in the potential recovery does not require payment of out-of-pocket fees, as the litigation is conducted on a contingency basis.