Core Viewpoint - A class action securities lawsuit has been filed against Solaris Energy Infrastructure, Inc. due to alleged securities fraud affecting investors between July 9, 2024, and March 17, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit aims to recover losses for investors who were adversely affected by alleged fraudulent activities [2]. - The complaint alleges that Solaris Energy Infrastructure made false statements regarding the acquisition of Mobile Energy Rentals LLC (MER), including claims about MER's corporate history, earnings diversification, and the criminal background of its co-owner [3]. - It is claimed that Solaris overstated the commercial prospects of the acquisition and inflated profitability metrics by failing to properly depreciate its turbines [3]. Group 2: Next Steps for Investors - Investors who suffered losses during the specified timeframe have until May 27, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require this role [4]. - Class members may be entitled to compensation without any out-of-pocket costs or fees [4]. Group 3: Firm Background - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions of dollars for shareholders over the past 20 years [5]. - The firm has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [5].
Solaris Energy Infrastructure, Inc. Sued for Securities Law Violations - Contact Levi & Korsinsky Before May 27, 2025 to Discuss Your Rights - SEI