NEW YORK, NY / ACCESSWIRE / October 3, 2022 / Lowey Dannenberg P.C. is investigating claims of violations of federal securities laws on behalf of purchasers or acquirers of SolarEdge, Inc. ("SolarEdge" or the "Company") (NASDAQ:SEDG).
SolarEdge is a leading U.S. provider of solar energy solutions, offering solar power optimization and photovoltaic monitoring solutions.
On July 28, 2022, SolarEdge competitor Ampt, Inc. ("Ampt") filed two complaints against the Company alleging patent infringement, including one before the U.S. International Trade Commission ("ITC").
On August 29, 2022, the ITC issued a statement that the federal agency voted to institute an investigation over the claims alleged in Ampt's complaint.
On this news, the price of SolarEdge shares declined precipitously.
If you suffered loss in SolarEdge and wish to participate, learn more, or discuss the issues surrounding the investigation, please contact our attorneys at (914) 733-7256 or via email at [email protected] or [email protected]
About Lowey Dannenberg
Lowey Dannenberg is a national firm representing institutional and individual investors, who suffered financial losses resulting from corporate fraud and malfeasance in violation of federal securities and antitrust laws. The firm has significant experience in prosecuting multi-million-dollar lawsuits and has previously recovered billions of dollars on behalf of investors.
SOURCE: Lowey Dannenberg