Core Viewpoint - Solaris Energy Infrastructure, Inc. (NYSE: SEI) is facing allegations of issuing materially false and misleading statements regarding its acquisition of Mobile Energy Rentals LLC (MER), which has raised concerns about the company's business practices and financial reporting [1][2]. Allegations Summary - The complaint alleges that during the class period from July 9, 2024, to March 17, 2025, Solaris failed to disclose that MER had little to no corporate history in the mobile turbine leasing space [1] - It is claimed that MER did not have a diversified earnings stream, raising questions about its financial stability [1] - The co-owner of MER is identified as a convicted felon with multiple allegations of turbine-related fraud, which could impact the credibility of the acquisition [1] - As a result of these factors, Solaris is accused of overstating the commercial prospects of the acquisition [1] - The company allegedly inflated profitability metrics by failing to properly depreciate its turbines, leading to misleading financial statements [1] - Overall, the positive statements made by Solaris regarding its business operations and prospects are claimed to be materially misleading and lacking a reasonable basis [1]. Next Steps for Shareholders - Shareholders who purchased SEI shares during the specified class period are encouraged to register for the class action by May 27, 2025, to potentially become lead plaintiffs [2] - Upon registration, shareholders will be enrolled in a portfolio monitoring software to receive updates on the case [2].

Core Viewpoint - A securities class action lawsuit has been filed against Solaris Energy Infrastructure, Inc. for failing to disclose critical information regarding its acquisition of Mobile Energy Rentals LLC, leading to significant stock price decline after the truth was revealed [1][4]. Company Overview - Solaris Energy Infrastructure, Inc. is headquartered in Houston and develops equipment used in the oil and gas industry [2]. Acquisition Details - On July 9, 2024, Solaris announced the acquisition of Mobile Energy Rentals LLC, which was completed on September 11, 2024 [2]. Allegations in the Lawsuit - The lawsuit claims that Solaris failed to disclose that: - Mobile Energy Rentals had minimal experience in mobile turbine leasing [3]. - The company lacked a diversified earnings stream [3]. - One of MER's co-owners was a convicted felon linked to turbine fraud [3]. Impact of the Allegations - On March 17, 2025, a report by Morpheus Research revealed that Mobile Energy Rentals was a small operation with only $2.5 million in revenue, no employees, and no turbines, leading to a nearly 17% drop in Solaris' stock price, closing at $20.46 per share [4].

NEW YORK, April 18, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Solaris Energy Infrastructure, Inc. ("Solaris Energy Infrastructure, Inc." or the "Company") (NYSE: SEI) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Solaris Energy Infrastructure, Inc. investors who were adversely affected by alleged securities fraud between July 9, 2024 and March 17, 2025. Follow the link below to get more information and be contacted by a member ...

NEW YORK, April 17, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Solaris Energy Infrastructure, Inc. (NYSE: SEI).Shareholders who purchased shares of SEI during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/solaris-energy-infrastructure-inc-loss-submission-form/?id=143348&from=4 ...

SAN DIEGO, April 16, 2025 (GLOBE NEWSWIRE) -- Robbins LLP reminds stockholders that a class action was filed on behalf of all persons and entities that purchased or otherwise acquired Solaris Energy Infrastructure, Inc. (NYSE: SEI) securities between July 9, 2024 and March 17, 2025. Solaris provides equipment used in the completion of oil and natural gas wells in the United States. On July 9, 2024, Solaris announced that it has entered into an agreement to acquire Mobile Energy Rentals LLC (“MER”). For more ...

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Group 1 - A class action has been filed against Solaris Energy Infrastructure, Inc. on behalf of investors who purchased securities between July 9, 2024, and March 17, 2025 [1] - Solaris Energy Infrastructure, Inc. provides equipment for oil and natural gas well completion in the U.S. and announced an acquisition of Mobile Energy Rentals LLC on July 9, 2024 [1] - Allegations include misleading investors about the value of the acquisition, with claims that Mobile Energy Rentals had minimal corporate history, lacked diversified earnings, and was associated with a convicted felon [2] Group 2 - The stock price of Solaris fell by $4.15, or 16.9%, closing at $20.46 per share on March 17, 2025, following the revelation of the alleged misstatements [2] - Shareholders interested in serving as lead plaintiffs must file their papers by May 27, 2025, and can remain absent class members if they choose not to participate [3] - Robbins LLP operates on a contingency fee basis, meaning shareholders incur no fees or expenses for representation [4]

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $100,000 In Solaris To Contact Him Directly To Discuss Their Options If you suffered losses exceeding $100,000 in Solaris between July 9, 2024 and March 17, 2025 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). [You may also click here for additional information] NEW YORK, April 13, 2025 (GLOBE NE ...

NEW YORK, April 11, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Solaris Energy Infrastructure, Inc. ("Solaris Energy Infrastructure, Inc." or the "Company") (NYSE: SEI) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Solaris Energy Infrastructure, Inc. investors who were adversely affected by alleged securities fraud between July 9, 2024 and March 17, 2025. Follow the link below to get more information and be contacted by a member ...

Core Viewpoint - A securities class action lawsuit has been filed against Solaris Energy Infrastructure, Inc. for alleged misrepresentation during the acquisition of Mobile Energy Rentals LLC, leading to significant stock price decline [1][3]. Company Overview - Solaris Energy Infrastructure, Inc. is headquartered in Houston and develops equipment for the oil and gas industry [2]. - The company announced the acquisition of Mobile Energy Rentals LLC on July 9, 2024, and completed the acquisition on September 11, 2024 [2]. Allegations and Impact - A report by Morpheus Research on March 17, 2025, claimed that Mobile Energy Rentals was a small revenue business with no employees and no operational history in the mobile turbine rental industry, which raised concerns about its legitimacy [3]. - The report also revealed that a co-owner of MER had a criminal background linked to a significant gas turbine scandal involving $800 million, which included allegations of bid rigging and corruption [3]. - Following the publication of this report, Solaris' stock price dropped by $4.15, nearly 17%, closing at $20.46 per share on March 17, 2025 [3].