Skip to main content

The Law Offices of Frank R. Cruz Announces Investigation of SolarEdge Technologies, Inc. (SEDG) on Behalf of Investors

ⓘ This article is third-party content and does not represent the views of this site. We make no guarantees regarding its accuracy or completeness.

The Law Offices of Frank R. Cruz announces an investigation of SolarEdge Technologies, Inc. (“SolarEdge” or the “Company”) (NASDAQ: SEDG) on behalf of investors concerning the Company’s possible violations of federal securities laws.

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

On October 19, 2023, SolarEdge disclosed that the Company “experienced substantial unexpected cancellations and pushouts of existing backlog” from its European distributors during the second part of the third quarter of 2023. The Company attributed the issues to “higher than expected inventory in the channels and slower than expected installation rates.”

On this news, SolarEdge’s stock price fell as much as 36% during intraday trading on October 20, 2023, thereby injuring investors.

Follow us for updates on Twitter: twitter.com/FRC_LAW.

If you purchased SolarEdge securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Frank R. Cruz, of The Law Offices of Frank R. Cruz, 1999 Avenue of the Stars, Suite 1100, Los Angeles, California 90067 at 310-914-5007, by email to info@frankcruzlaw.com, or visit our website at www.frankcruzlaw.com. If you inquire by email please include your mailing address, telephone number, and number of shares purchased.

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

Contacts

Report this content

If you believe this article contains misleading, harmful, or spam content, please let us know.

Report this article

Recent Quotes

View More
Symbol Price Change (%)
AMZN  249.44
+0.94 (0.38%)
AAPL  264.02
-2.41 (-0.90%)
AMD  277.71
+19.59 (7.59%)
BAC  53.61
-0.71 (-1.31%)
GOOG  332.69
-1.78 (-0.53%)
META  675.80
+4.22 (0.63%)
MSFT  420.07
+8.85 (2.15%)
NVDA  198.25
-0.62 (-0.31%)
ORCL  178.06
+8.25 (4.86%)
TSLA  389.28
-2.67 (-0.68%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.