An investigation for investors in First Solar, Inc. (NASDAQ: FSLR) shares over potential securities laws violations by First Solar, Inc. was announced.
San Diego, CA -- (SBWIRE) -- 11/16/2018 -- An investigation was announced concerning potential securities laws violations by First Solar, Inc.
Investors who purchased shares of First Solar, Inc. (NASDAQ: FSLR), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm focuses on whether a series of statements by First Solar, Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On October 25, 2018, First Solar announced its financial and operating results for the third quarter of 2018. Among other results, First Solar announced that management had reduced revenue guidance for the full year by $200 million to a range of $2.3 billion to $2.4 billion and earnings guidance from $1.50 to $1.90 per share to a range of $1.40 to $1.60 per share, citing primarily a decline in solar panel sales versus the Company's previous expectations. Shares of First Solar, Inc. (NASDAQ: FSLR) declined to as low as $36.51 per share.
Those who purchased shares of First Solar, Inc. (NASDAQ: FSLR) have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.