Shoals Technologies Securities Litigation
Shoals Technologies Group · Common stock and December 2022 secondary public offering · Settlement Reached
About this case
Investors who purchased or otherwise acquired Shoals Technologies Group common stock between May 16, 2022, and May 7, 2024, allege securities-law violations relating to the company and its stock offerings. The parties have reached a proposed $70 million cash settlement, which remained subject to court approval as of the stated September 28, 2026 settlement hearing.
Case overview
- Defendant company
- Shoals Technologies Group
- Product or service
- Common stock and December 2022 secondary public offering
- Case name
- Shoals Technologies Securities Litigation
- Case status
- Settlement Reached
- Lawsuit type
- Securities
- Reported harm
- Misrepresentation
Important dates
- Shoals Securities Settlement Claim
Participation information
Availability is based on each listed participation option and its deadline.
Shoals Securities Settlement Claim
Persons or entities that purchased or otherwise acquired Shoals Technologies Group common stock between May 16, 2022, and May 7, 2024, including purchasers in the December 2022 secondary public offering, may have been included in the settlement class, subject to the settlement terms and exclusions.
A Proof of Claim and Release form had to be submitted by mail, postmarked no later than August 25, 2026, or electronically through the settlement website by August 25, 2026.
- Type
- Settlement Claim
- Status
- Deadline passed
- Total settlement amount
- $70,000,000
- Payout
- The $70 million cash settlement fund, less court-approved fees, expenses, awards, and other deductions, is to be distributed under the approved Plan of Allocation to valid and timely claimants.
- Reported proof requirement
- Yes
This information does not determine whether you qualify for a case.
Sources
Public reporting associated with this case.
- Shoals Technologies Securities Litigation Settlement
Barchart.com ·