ARRY INVESTOR ALERT: Class Action Lawsuit Filed

BOSTON, MA / ACCESSWIRE / June 8, 2021 / Thornton law firm announces that it has partnered with Labaton Sucharow LLP on behalf of investors in Array Technologies, Inc. (NASDAQ: ARRY) to file a securities class action. The case is currently at the main plaintiff stage. Investors who purchased ARRY shares or other securities between October 14, 2020 and May 11, 2021, or investors who purchased Array common shares according to the company’s IPO in October 2020, the company’s secondary IPO in December 2020, or the For more information, the law firm’s investor protection team can contact Thornton Law Firm in March 2021 at www.tenlaw.com/cases/Array. Investors can also email investoren@tenlaw.com or call 617-531-3917.

MORE INFORMATION: www.tenlaw.com/cases/Array

In the case, it is alleged that Array and its officers made misleading statements to investors and failed to disclose that the prices of certain commodities, such as steel, have more than doubled since Q1 2020 and that Array is facing rising freight costs. It is also alleged that the offering materials contained false and misleading statements, because they were omitted and otherwise not disclosed, that prior to the offering, increases in raw material and freight costs had negatively impacted Array’s business and operations.

Interested array investors have until July 13, 2021 to hire a lawyer and apply as lead plaintiff if they are interested. A lead plaintiff is acting on behalf of all other members of the investor group in administering the class action. Investors don’t have to be a lead plaintiff to be a class plaintiff. If investors do nothing, they can remain an absent member of the class. The class is not yet certified. Investors are not represented by a lawyer until they have been certified.

The story goes on

MORE INFORMATION: www.tenlaw.com/cases/Array

Thornton Law Firm’s securities attorneys are very experienced in representing investors in claiming damages caused by violations of securities laws. His attorneys have a track record of litigating securities cases in courts across the country and recovering losses on behalf of investors. This may be considered a lawyer solicitation in some jurisdictions. Past results do not guarantee or predict a similar result with respect to future matters.

CONTACT:

Thornton Law Firm LLP
1 Lincoln Street
State Street Financial Center
Boston, MA 02111

SOURCE: Thornton Law Firm LLP

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https://www.accesswire.com/650926/ARRY-INVESTOR-ALERT-Class-Action-Lawsuit-Filed

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