Recent Security Class Actions

SolarEdge Technologies Inc. Common Stock (NASDAQ: SEDG)

37 Days left to seek lead plaintiff status.

Company Name:SolarEdge Technologies Inc. Common Stock
Stock Symbol:NASDAQ: SEDG
Class Period Start:08/06/2022
Class Period End (inclusive):10/19/2022
Filing Deadline:01/03/2023

The Complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements, and failed to disclose material adverse facts about the Company's business, operational, and compliance policies. Specifically, the Complaint alleges Defendants made false and/or misleading statements and failed to disclose to investors that: (i) the designs of the power optimizers, inverters, and components thereof used to develop SolarEdge's products potentially originated with and were misappropriated from Ampt; (ii) Ampt made claims against the Company for misappropriating Ampt's patented technology, (iii) evidentiary support existed for the allegations that SolarEdge misappropriated certain patents relating to the design and development of the Company's power optimizers and inverters; (iv) as a result, SolarEdge faced a threat of regulatory and/or court action, which could prohibit the import, marketing, and sale of its power optimizers and inverters, including solar energy systems that contain such products; which in turn (v) seriously threatened SolarEdge's ability to monetize on their solar energy systems that contain the power optimizers and inverters in the United States and generate revenue; and (vi) certain revenues generated from the sale of power optimizers and inverters were potentially based on SolarEdge's unlawful activities, including the misappropriation of patented designs by Ampt.

SolarEdge Technologies Inc. Common Stock (NASDAQ: SEDG) Claim Form

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