Core Viewpoint - Investors in Solaris Energy Infrastructure, Inc. have the opportunity to lead a securities fraud class action lawsuit due to substantial losses incurred [1][2]. Summary by Relevant Sections Lawsuit Details - The lawsuit alleges that from July 9, 2024, to March 17, 2025, Solaris failed to disclose critical information to investors, including: - Limited corporate history of its mobile turbine leasing subsidiary, MER [3] - Lack of a diversified earnings stream for MER [3] - Co-owner of MER being a convicted felon with a history of turbine-related fraud allegations [3] - Overstatement of commercial prospects from an acquisition [3] - Inflation of profitability metrics due to improper depreciation of turbines [3] - Misleading positive statements regarding the company's business and prospects [3] Participation Information - Investors wishing to participate in the class action must contact the Law Offices of Howard G. Smith before May 27, 2025, which is the lead plaintiff deadline [2][4]. - Interested parties can reach out via email, phone, or the law firm's website for more information [4][6]. Class Action Membership - To be part of the class action, investors do not need to take immediate action and can choose to retain counsel or remain absent [5].
Solaris Energy Infrastructure, Inc. (SEI) Investors Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit