April 29, 2026
Shoals Technologies Group Inc. and investors who accused the solar energy equipment-maker of having downplayed defects in its wire harnesses used in aggregating electricity have reached a settlement that, if approved, would pay roughly $70 million to a settlement class, they have told a Tennessee federal judge.
February 19, 2025
Solar energy equipment maker Shoals Technologies Group Inc. and its underwriters have asked a Tennessee federal judge to toss a consolidated proposed investor class action taking aim at the company's disclosures about certain product wiring issues, arguing Tuesday that it had timely shared information about the developing situation.
May 22, 2024
Motley Rice LLC and Robbins Geller Rudman & Dowd LLP want to represent investors of energy company Shoals Technologies Group Inc. in consolidated proposed class action claims taking aim at the company and its brass and underwriters for allegedly concealing costly issues with wires in its products.
March 25, 2024
Energy company Shoals Technologies Group Inc. has been hit with a proposed class action alleging it downplayed the cost of repairing exposed wires for customers and that investors were blindsided when the company finally revealed it would need to spend at least $60 million to fix the issue.