March 21, 2024

Shoals Technologies Group Inc. Class A Common Stock (NASDAQ: SHLS)

20 Days left to seek lead plaintiff status.

Company Name:Shoals Technologies Group Inc. Class A Common Stock

Stock Symbol:NASDAQ: SHLS

Class Period Start:05/17/2022

Class Period End (inclusive):11/07/2023

Filing Deadline:05/20/2024

The Complaint alleges that, during the Class Period, Defendants made materially false and misleading statements and failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, the Complaint alleges Defendants failed to disclose 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 to incur between $60 million to $185 million in costs to remediate the wire shrinkback issue; and (4) Shoals had understated its cost of revenue by millions of dollars. As a result, the Complaint alleges Defendants’ positive statements about the Company’s financial guidance, business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.

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5. ClaimsFiler.com reserves the right to reveal confidential information only if: (1) we believe it is necessary to prevent your committing a crime that is likely to result in death or substantial bodily harm; (2) we must establish a claim or to defend ClaimsFiler.com in a controversy with you; or (3) to respond to allegations about how we have represented you.
6. Not withstanding the foregoing, Professional and High Net Worth Members of ClaimsFiler.com are entitled to receive unlimited communications with personal Securities Attorneys. To take advantage of this special benefit and to submit your inquiries directly to an Attorney, a special “Contact Lawyer” email link will be provided to you on your profile page. You should use this link to initiate communication directly with your Securities Attorney. Professional and High Net Worth Members are also entitled to received fully contingent legal representation in matters relating to federal securities fraud, negligence and breaches of fiduciary duty claims against publicly traded companies. The ultimate decision to accept legal representation in any matter is subject to the legal analysis and opinion of the Securities Attorney and is final. The establishment of any attorney/client retention agreement for representation is directly between you and the Securities Attorney, independent of ClaimsFiler.com.

Recent Security Class Actions

Shoals Technologies Group Inc. Class A Common Stock (NASDAQ: SHLS)

20 Days left to seek lead plaintiff status.

Shoals Technologies Group Inc. Class A Common Stock (NASDAQ: SHLS) Claim Form

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No Matter Your Brokerage,
We have you Covered

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Scope

Personal Information We May Collect and Where It Comes From

Information You Provide To ClaimsFiler

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Information We Receive About You From Other Sources

How We Disclose And Use Information

How We Share Your Information

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Data Retention

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Recent Security Class Actions

Shoals Technologies Group Inc. Class A Common Stock (NASDAQ: SHLS)

20 Days left to seek lead plaintiff status.

Shoals Technologies Group Inc. Class A Common Stock (NASDAQ: SHLS) Claim Form

Real Time Class Action Monitoring for ALL of Your Investment Accounts

No Matter Your Brokerage,We have you Covered

Terms of Service

Privacy Policy

Scope

Personal Information We May Collect and Where It Comes From

Information You Provide To ClaimsFiler

Information We Collect From Your Financial Account

Information We Collect From Your Devices

Information We Receive About You From Other Sources

How We Disclose And Use Information

How We Share Your Information

How We Handle / Secure Your Information

Our Legal Basis for Handling Your Information

International Visitors

Children’s Privacy

Data Retention

Data Deletion

Updates To This Privacy Policy

Contact Us

No Matter Your Brokerage,
We have you Covered