Categories: Top News

SOLARIS ALERT: Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against Solaris Energy Infrastructure, Inc. and Encourages Investors to Contact the Firm

NEW YORK, April 02, 2025 (GLOBE NEWSWIRE) — Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, announces that a class action lawsuit has been filed against Solaris Energy Infrastructure, Inc. (“Solaris” or the “Company”) (NYSE: SEI) in the United States District Court for the Southern District of Texas on behalf of all persons and entities who purchased or otherwise acquired Solaris securities between July 9, 2024 and March 17, 2025, both dates inclusive (the “Class Period”). Investors have until May 27, 2025 to apply to the Court to be appointed as lead plaintiff in the lawsuit.

Click here to participate in the action.

The Complaint alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, the Complaint alleges that Defendants failed to disclose to investors that: (1) Mobile Energy Rentals LLC (“MER”) had little to no corporate history in the mobile turbine leasing space; (2) MER did not have a diversified earnings stream; (3) MER’s co-owner was a convicted felon associated with multiple allegations of turbine-related fraud; (4) as a result, Solaris overstated the commercial prospects posed by the Acquisition; (5) Solaris inflated profitability metrics by failing to properly depreciate its turbines; and (6) that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

If you purchased or otherwise acquired Solaris shares and suffered a loss, are a long-term stockholder, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Marion Passmore by email at investigations@bespc.com, telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you.

About Bragar Eagel & Squire, P.C.:

Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York, California, and South Carolina. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes.

Follow us for updates on LinkedIn, X, and Facebook, and keep up with other news by following Brandon Walker, Esq. on LinkedIn and X.

Contact Information:

Bragar Eagel & Squire, P.C.
Brandon Walker, Esq.
Marion Passmore, Esq.
(212) 355-4648
investigations@bespc.com
www.bespc.com

GlobeNewswire

GlobeNewswire, is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

Recent Posts

Best Real Money Online Casino in USA goes to 7Bit Casino Rated by UJN

Las Vegas, CA, April 19, 2025 (GLOBE NEWSWIRE) -- Online real money casinos are hard…

5 hours ago

Bitcoin could hit $1 million by early 2027, study finds

A new study predicts that Bitcoin could hit $1 million as early as 2027 as…

20 hours ago

Soybeans Speculative Net Positions Swing Positive Amid Market Optimism

In a notable shift in market dynamics, the latest data from the Commodity Futures Trading…

1 day ago

CFTC Reports Significant Rise in Corn Speculative Net Positions to 234.2K

In a notable development for the agricultural commodities market, the U.S. Commodity Futures Trading Commission…

1 day ago

New Zealand Dollar Speculators Cut Bearish Bets as NZD Positions Improve

In the latest market activity, speculative positions in the New Zealand Dollar (NZD) have shown…

1 day ago

Surge in Japanese Yen Speculative Positions as CFTC Reports Significant Increase

In a recent update from the Commodity Futures Trading Commission (CFTC), the Japanese Yen (JPY)…

1 day ago

This website uses cookies.