The deadline is August 24, 2026. Anyone who bought First Solar stock between February 26, 2025 and February 24, 2026 and wants to run the securities class action against the company has until then to ask the court for the job.
Rosen Law Firm, a New York investor rights firm, restated the date in a July notice. A class action has already been filed against First Solar, which trades on the Nasdaq as FSLR. The firm calls the stretch from February 2025 to February 2026 the Class Period.
What the suit says
The allegations center on tariffs. According to the lawsuit, defendants overstated First Solar’s ability to handle the effect of U.S. tariff policy on its business. They also understated how much the company’s responses would hurt its projected performance in fiscal 2026, the suit says. Those responses included deliberately underusing production facilities in Malaysia and Vietnam and trying to move production to the U.S.
The suit concludes that the company’s public statements were materially false and misleading throughout the Class Period. It claims investors suffered damages once the true details reached the market. Nothing has been proven in court.
Who leads, and who does not have to
A lead plaintiff is a representative party who directs the case for the other class members. Rosen said investors who bought in the period may be entitled to compensation without paying fees or costs out of pocket, under a contingency fee arrangement.
No class has been certified. Until one is, shareholders have no lawyer unless they hire one, and they may pick their own. They can also remain absent class members and do nothing for now. Rosen said that an investor’s chance of sharing in any future recovery does not depend on being lead plaintiff.
