• Image 01
  • Image 02
  • Image 03
  • Image 04
  • Image 05
  • Image 06
Need assistance? Contact Us: 1-800-255-5897

Menu

  • Home
  • About Us
    • Company Overview
    • Management Team
    • Board of Directors
  • Your Loan Service Center
  • MAKE A PAYMENT
  • Business Service Center
  • Contact Us
  • Home
  • About Us
    • Company Overview
    • Management Team
    • Board of Directors
  • Your Loan Service Center
  • MAKE A PAYMENT
  • Business Service Center
  • Contact Us
Recent Quotes
View Full List
My Watchlist
Create Watchlist
Indicators
DJI
Nasdaq Composite
SPX
Gold
Crude Oil
Markets
Stocks
ETFs
Tools
Markets:
Overview
News
Currencies
International
Treasuries

SOLARIS SHAREHOLDER ALERT by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Reminds Investors With Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Solaris Energy Infrastructure, Inc. - SEI

By: Kahn Swick & Foti, LLC via Business Wire
March 29, 2025 at 13:54 PM EDT

Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until May 27, 2025 to file lead plaintiff applications in a securities class action lawsuit against Solaris Energy Infrastructure, Inc. (“Solaris” or the “Company”) (NYSE: SEI), if they purchased the Company’s securities between July 9, 2024 and March 17, 2025, inclusive (the “Class Period”). This action is pending in the United States District Court for the Southern District of Texas.

What You May Do

If you purchased securities of Solaris and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email (lewis.kahn@ksfcounsel.com), or visit https://www.ksfcounsel.com/cases/nyse-sei/ to learn more. If you wish to serve as a lead plaintiff in this class action, you must petition the Court by May 27, 2025.

About the Lawsuit

Solaris and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.

On July 9, 2024, the Company announced an agreement to acquire Mobile Energy Rentals LLC (“MER”), which was completed on September 11, 2024. The alleged false and misleading statements and omissions include, but are not limited to, that: (i) MER had little to no corporate history in the mobile turbine leasing space; (ii) MER did not have a diversified earnings stream; (iii) MER’s co-owner was a convicted felon associated with multiple allegations of turbine-related fraud; (4) as a result, the Company overstated the commercial prospects posed by the Acquisition; (5) the Company inflated profitability metrics by failing to properly depreciate its turbines; and (6) that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

The case is Pirello v. Solaris Energy Infrastructure, Inc., et al., No. 25-cv-01455.

About Kahn Swick & Foti, LLC

KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation's premier boutique securities litigation law firms. This past year, KSF was ranked by SCAS among the top 10 firms nationally based upon total settlement value. KSF serves a variety of clients, including public and private institutional investors, and retail investors - in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies. KSF has offices in New York, Delaware, California, Louisiana, Chicago, New Jersey, and a representative office in Luxembourg.

To learn more about KSF, you may visit www.ksfcounsel.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250329387669/en/

Contacts

Kahn Swick & Foti, LLC

Lewis Kahn, Managing Partner

lewis.kahn@ksfcounsel.com

1-877-515-1850

1100 Poydras St., Suite 960

New Orleans, LA 70163

More News

View More
Why the American Eagle Stock Rally Isn't Just Speculation
July 28, 2025
Via MarketBeat
Topics Government World Trade
Tickers AEO ANF GAP
D-Wave, SuperQ, and Verge: A New Path Forward for Quantum?
July 28, 2025
Via MarketBeat
Tickers QBTS
4 Stocks Planning to Substantially Boost Buybacks After Solid Q2
July 28, 2025
Via MarketBeat
Tickers BAC DHI SCHW TDY
3 Reasons Tesla's Post-Earnings Hangover Looks Like a Buy
July 28, 2025
Via MarketBeat
Tickers TSLA
Taiwan Semiconductor Could Boom on This AI Action Plan
July 28, 2025
Via MarketBeat
Topics Artificial Intelligence Government
Tickers NVDA TSM
Site Logo
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.

Having difficulty making your payments? We're here to help! Call 1-800-255-5897

Copyright © 2019 Franklin Credit Management Corporation
All Rights Reserved
Contact Us | Privacy Policy | Terms of Use | Sitemap