Recent Security Class Actions

XPLR Infrastructure LP Common Units representing limited partner interests (NYSE: XIFR)

57 Days left to seek lead plaintiff status.

Company Name:XPLR Infrastructure LP Common Units representing limited partner interests
Stock Symbol:NYSE: XIFR
Class Period Start:01/26/2021
Class Period End (inclusive):01/27/2025
Filing Deadline:05/09/2025

The Complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's business, operations, and prospects. Specifically, the Complaint alleges Defendants made false and/or misleading statements and/or failed to disclose that: (i) XPLR was struggling to maintain its operations as a yieldco; (ii) Defendants temporarily relieved this issue by entering into convertible equity portfolio financing ("CEPF") arrangements while downplaying the attendant risks; (iii) XPLR could not buy out CEPFs before their maturity date without risking significant unitholder dilution; (iv) as a result, Defendants planned to halt cash distributions to investors and instead redirect those funds to, inter alia, buy out the Company's CEPFs; (v) as a result of all the foregoing, XPLR's yieldco business model and distribution growth rate was unsustainable; and (vi) as a result, Defendants' public statements were materially false and misleading at all relevant times.

XPLR Infrastructure LP Common Units representing limited partner interests (NYSE: XIFR) Claim Form

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