The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Array Technologies, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm
THE ANGEL, May 24, 2021 / PRNewswire / – Schall law firm, a national shareholder rights law firm, is filing a class action lawsuit against Array Technologies, Inc. (“Array” or “the Company”) (NASDAQ: ARRY) for violating federal securities laws.
Investors who have purchased the company’s shares in accordance with and / or traceable to the company’s shares October 2020 Initial Public Offering (the “Initial Public Offering”) or to the Company December 2020 Offering (the “December 2020 SPO “) or to the company March 2021 Offering (the “March 2021 SPO “) or in between October 14, 2020, and May 11, 2021 Both dates including (the “teaching period”) are requested to contact the company beforehand July 13th2021.
If you are a shareholder who has suffered a loss, click here to participate.
We also encourage you to get in touch Brian Schall the law firm Schall, 2049 Century Park East, Suite 2460, Los Angeles, California 90067, 310-301-3335 to discuss your rights free of charge. You can also contact us on the company’s website at www.schallfirm.com or by email at [email protected].
In this case, the class has not yet been certified and you will not be represented by a lawyer until certification. If you don’t take action, you can remain an absent class member.
According to the complaint, the company made false and misleading statements to the market. Array did not announce that it saw rising costs for raw materials such as steel as early as the first quarter of 2020. At the same time, the company faced rising freight costs and other deteriorating business conditions. Because of these facts, the company’s public statements were false and materially misleading throughout the teaching period. When the market learned the truth about Array, investors suffered damage.
Join the case to make up for your losses.
Schall law firm represents investors around the world and specializes in class action and shareholder disputes.
This press release may be viewed as a solicitor’s advertisement in some jurisdictions under applicable laws and ethical rules.
The law firm Schall
Brian Schall, Esq.,
SOURCE The law firm Schall