Core Viewpoint - A class action lawsuit has been filed against Solaris Energy Infrastructure, Inc. for misleading statements and omissions regarding its acquisition of Mobile Energy Rentals LLC, which allegedly inflated the company's commercial prospects and profitability metrics [1][5]. Group 1: Lawsuit Details - The class action is on behalf of purchasers and acquirers of Solaris Energy securities from July 9, 2024, to March 17, 2025 [1]. - The lawsuit claims that Solaris Energy made false statements about Mobile Energy Rentals LLC, including its lack of corporate history and diversified earnings, and failed to disclose the criminal background of its co-owner [5]. - Investors are entitled to compensation without upfront fees through a contingency fee arrangement [2]. Group 2: Legal Representation - The Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions [4]. - The firm has achieved significant settlements in the past, including over $438 million for investors in 2019 [4]. - Investors can join the class action by submitting a form or contacting the firm directly [3][6]. Group 3: Class Action Process - No class has been certified yet, meaning investors are not represented unless they retain counsel [7]. - Investors can choose to remain absent from the class and still be eligible for any potential recovery [7].

Core Viewpoint - A class action lawsuit has been filed against Solaris Energy Infrastructure, Inc. (SEI) concerning allegations of securities fraud and unlawful business practices related to its acquisition of Mobile Energy Rentals LLC (MER) [2][5]. Group 1: Lawsuit Details - The class action lawsuit claims that SEI and certain officers/directors engaged in securities fraud or other unlawful business practices [2]. - Investors who purchased SEI securities during the Class Period have until May 27, 2025, to request to be appointed as Lead Plaintiff [2]. Group 2: Acquisition of Mobile Energy Rentals LLC - On July 9, 2024, SEI announced its agreement to acquire MER [4]. - An investigative report published on March 17, 2025, alleged that MER was a small revenue equipment leasing business with no employees and no track record in the mobile turbine rental industry [5]. - The report revealed that MER's co-owner, John Tuma, had a criminal background involving environmental crimes and was linked to a significant gas turbine scandal [5]. - Despite claims of a diversified earnings stream, 96% of MER's Power Solutions revenue came from a single customer [5]. Group 3: Market Reaction - Following the allegations regarding MER, SEI's stock price fell by $4.15 per share, or 16.86%, closing at $20.46 per share on March 17, 2025 [5].

Core Viewpoint - A class action lawsuit has been filed against Solaris Energy Infrastructure, Inc. for allegedly making false and misleading statements regarding its business operations and prospects during the specified class period [1][3]. Summary by Relevant Sections Lawsuit Details - The lawsuit is filed in the United States District Court for the Southern District of Texas on behalf of all individuals and entities who purchased Solaris securities between July 9, 2024, and March 17, 2025 [1]. - Investors have until May 27, 2025, to apply to be appointed as lead plaintiff in the lawsuit [1]. Allegations Against Solaris - The complaint alleges that Solaris made materially false and misleading statements and failed to disclose adverse facts about its business [3]. - Specific allegations include: - Mobile Energy Rentals LLC (MER) had little to no corporate history in mobile turbine leasing [3]. - MER lacked a diversified earnings stream [3]. - A co-owner of MER was a convicted felon with a history of turbine-related fraud allegations [3]. - Solaris overstated the commercial prospects of its acquisition of MER [3]. - Solaris inflated profitability metrics by not properly depreciating its turbines [3]. - Positive statements made by Solaris regarding its business were materially misleading and lacked a reasonable basis [3].

Core Viewpoint - A class action lawsuit has been filed against Solaris Energy Infrastructure, Inc. for alleged violations of securities laws, specifically related to misleading statements made by the company regarding its acquisition of Mobile Energy Rentals LLC [1][4]. Group 1: Lawsuit Details - The lawsuit pertains to investors who purchased Solaris securities between July 9, 2024, and March 17, 2025, and encourages affected shareholders to contact the Schall Law Firm before May 27, 2025 [2]. - The class action has not yet been certified, meaning that potential class members are not currently represented by an attorney [3]. Group 2: Allegations Against Solaris - The complaint alleges that Solaris made false and misleading statements about its acquisition of Mobile Energy Rentals LLC, claiming that MER had significant corporate experience and a diversified earnings stream, which was not the case [4]. - It is claimed that the co-owner of MER had a criminal background and was facing fraud allegations, further questioning the integrity of the acquisition [4]. - The company is accused of improperly depreciating its turbines to inflate profitability, leading to materially misleading public statements throughout the class period [4].

Class Definition This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Solaris securities between July 9, 2024 and March 17, 2025, both dates inclusive (the "Class Period"). Such investors are encouraged to join this case by visiting the firm's site: bgandg.com/SEI. NEW YORK, April 01, 2025 (GLOBE NEWSWIRE) -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC, a nation ...

About Robbins LLP: A recognized leader in shareholder rights litigation, the attorneys and staff of Robbins LLP have been dedicated to helping shareholders recover losses, improve corporate governance structures, and hold company executives accountable for their wrongdoing since 2002. To be notified if a class action against Solaris Energy Infrastructure, Inc. settles or to receive free alerts when corporate executives engage in wrongdoing, sign up for Stock Watch today. Attorney Advertising. Past results d ...

New SEI-Managed and Third-Party Investment Options Elevate Experience and Tax Optimization for Advisors and Investors OAKS, Pa., March 31, 2025 /PRNewswire/ -- SEI® (NASDAQ:SEIC) today announced the continued expansion of its direct index separately managed account (SMA) strategies, as well as enhancements to its unified managed account (UMA) solutions, to integrate these strategies into model portfolios constructed to better serve financial advisors and their clients with sophisticated, scalable, and tax-e ...

Core Viewpoint - Solaris Energy Infrastructure (SEI) has faced a challenging start in 2025 with a stock decline of over 19% year to date, yet it presents a strong long-term investment case due to robust financials, strategic expansion, and technological advancements [1] Group 1: Revenue Growth - SEI has shown consistent revenue growth, with a 15% year-over-year increase in Q4 2024, driven by high client retention and strategic business expansion [2] - Improved gross margin, up 200 basis points, indicates operational efficiencies contributing to revenue growth [2] - Management has reaffirmed double-digit revenue growth guidance for 2025, reinforcing SEI's long-term potential [2] Group 2: Financial Position - SEI maintains a strong balance sheet and substantial cash flows, allowing for growth initiatives and shareholder-friendly policies [4] - The company has consistently repurchased shares and paid dividends, reflecting confidence in future earnings [4] - A disciplined capital allocation strategy ensures sustainable investor value, making SEI attractive for long-term holders [4] Group 3: Technological Advancements - SEI invests in cutting-edge technology, including AI-driven automation and cloud-based solutions, enhancing operational efficiency and competitive edge [5] - These advancements support improved project execution and client engagement, positioning SEI favorably in the accelerating digital transformation within the energy sector [5] Group 4: Expansion into Renewable Energy - SEI is expanding aggressively into renewable energy markets, particularly in grid modernization and battery storage, securing $500 million in new contracts in 2024 [6] - Projects in solar and wind infrastructure are expected to significantly contribute to revenues in 2025 and beyond [6] - Government incentives and corporate decarbonization efforts are driving demand, positioning SEI to benefit from the energy transition [6] Group 5: Regulatory and Policy Environment - The U.S. Inflation Reduction Act (IRA) and increased federal investments in energy infrastructure create a favorable policy backdrop for SEI [7] - Tax credits and funding programs are anticipated to accelerate project approvals and reduce costs, presenting significant growth opportunities [7] - New partnerships with utilities leveraging these incentives are expected to strengthen SEI's market position and attract institutional investors [7] Group 6: Earnings Outlook - Despite recent stock performance challenges, SEI's stock has surged over 168% in the past year, contrasting with declines in peers NOV Inc. and Matrix Service Company [8] - The Zacks Consensus Estimate for SEI's 2025 earnings suggests a 14% increase, followed by a remarkable 111% growth projection for 2026 [10] - This substantial earnings expansion, along with ongoing strategic initiatives, reinforces SEI's long-term investment appeal [10] Group 7: Conclusion - SEI stands out within the Zacks Oil and Gas - Mechanical & Equipment industry, despite short-term pressures [11] - Strong revenue performance, technological advancements, expansion into renewable markets, and a favorable regulatory backdrop position SEI for sustained upside [11] - Robust earnings growth expected in the coming years makes SEI an attractive buying opportunity for investors in the evolving energy infrastructure sector [11]

NEW YORK, March 26, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of  Solaris Energy Infrastructure, Inc. (“SEI” or the “Company”) (NYSE: SEI).  Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980. The investigation concerns whether SEI and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.  [Click here for information about joining the class action] On Ma ...

NEW YORK, March 25, 2025 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Solaris Energy Infrastructure, Inc. ("SEI" or the "Company") (NYSE: SEI).  Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.The investigation concerns whether SEI and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. [Click here for information about joining the class action] On March 17, 20 ...