FSLR · News · 20260806N

Securities Fraud Litigation

FIRST SOLAR, INC. · 2026-08-06 · Importance 34 · Surprise 42

Multiple law firms reported a federal securities class action against First Solar and certain officers covering investors who purchased securities from February 26, 2025 through February 24, 2026. The allegations concern statements about the company’s ability to manage U.S. tariff-policy impacts, shift production from Malaysia and Vietnam to the United States, and mitigate the effects of underutilizing international facilities on fiscal 2026 performance. The lead-plaintiff deadline is August 24, 2026, and one report alleged corrective declines exceeding $60 per share; potential damages and defense costs were not specified.

Key facts

• Chief Supply Chain Officer Michael Koralewski sold 7,000 shares in two open-market transactions on August 3, 2026 at $218.02 and $225.00 per share under a Rule 10b5-1 plan established May 4, 2026. source