SEI Investors Have Opportunity to Lead Solaris Energy Infrastructure, Inc. Securities Fraud Lawsuit with the Schall Law Firm

08.04.25 03:43 Uhr

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LOS ANGELES, April 7, 2025 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Solaris Energy Infrastructure, Inc. ("Solaris" or "the Company") (NYSE: SEI) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

(PRNewsfoto/The Schall Law Firm)

Investors who purchased the Company's securities between July 9, 2024 and March 17, 2025, inclusive (the "Class Period"), are encouraged to contact the firm before May 27, 2025.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at bschall@schallfirm.com.

The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

According to the Complaint, the Company made false and misleading statements to the market. Solaris completed its acquisition of Mobile Energy Rentals LLC ("MER") despite the fact that MER had no significant corporate experience in the mobile turbine leasing space. MER did not have the diversified earnings stream that was touted to investors. MER's co-owner was a convicted felon facing allegations of fraud specific to the energy industry. The Company overstated the commercial prospects that would result from its acquisition of MER. The Company improperly depreciated its turbines to inflate profitability. Based on these facts, the Company's public statements were false and materially misleading throughout the class period. When the market learned the truth about Solaris, investors suffered damages.

Join the case to recover your losses.

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

CONTACT:

The Schall Law Firm
Brian Schall, Esq.,
www.schallfirm.com
Office: 310-301-3335
info@schallfirm.com

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SOURCE The Schall Law Firm

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Nachrichten zu Solaris Oilfield Infrastructure Inc Registered Shs -A-

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Analysen zu Solaris Oilfield Infrastructure Inc Registered Shs -A-

DatumRatingAnalyst
01.08.2019Solaris Oilfield Infrastructure A OutperformCowen and Company, LLC
01.08.2019Solaris Oilfield Infrastructure A OutperformImperial Capital
02.05.2019Solaris Oilfield Infrastructure A OutperformCowen and Company, LLC
13.03.2019Solaris Oilfield Infrastructure A BuyB. Riley FBR
24.01.2019Solaris Oilfield Infrastructure A OutperformCowen and Company, LLC
DatumRatingAnalyst
01.08.2019Solaris Oilfield Infrastructure A OutperformCowen and Company, LLC
01.08.2019Solaris Oilfield Infrastructure A OutperformImperial Capital
02.05.2019Solaris Oilfield Infrastructure A OutperformCowen and Company, LLC
13.03.2019Solaris Oilfield Infrastructure A BuyB. Riley FBR
24.01.2019Solaris Oilfield Infrastructure A OutperformCowen and Company, LLC
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