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Plymouth County Retirement Association v. Array Technologies, Inc. et al
Case Number:
1:21-cv-04390
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
- DiCello Levitt
- Kirkland & Ellis
- Labaton Keller
- Motley Rice
- Pomerantz LLP
- Robbins Geller
- Rolnick Kramer
- Ropes & Gray
- Skadden Arps
- Sullivan & Cromwell
Companies
- Array Technologies Inc.
- Barclays PLC
- Credit Suisse Group AG
- Guggenheim Partners LLC
- Johnson Rice & Co. LLC
- JPMorgan Chase & Co.
- Mitsubishi UFJ Financial Group Inc.
- Morgan Stanley
- Nomura Holdings Inc.
- Oppenheimer Holdings Inc.
- Piper Sandler Cos.
- Roth Capital Partners LLC
- The Goldman Sachs Group Inc.
- UBS Group AG
Sectors & Industries:
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May 19, 2023
NY Judge Says Price Spike Suit Against Solar Co. 'Collapses'
A New York federal judge on Friday tossed a proposed securities class action alleging solar panel infrastructure company Array Technologies made false statements concerning how rising steel prices during the pandemic would impact its business, saying the investors cannot claim Array should've predicted the future.
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May 17, 2021
Solar Frame Co. Hid COVID-Linked Costs Spike, Investor Says
Solar panel infrastructure company Array Technologies Inc. was hit Friday with a proposed securities class action alleging that the company failed to disclose that increasing prices for steel and freight transportation would decrease its margins in 2021 as it held a series of public offerings in the past eight months.