#United States #New York #Class Action #Gross Law Firm #Solaris Energy

Class Action Lawsuit Against Solaris Energy Infrastructure, Inc.

On April 28, 2025, The Gross Law Firm announced an important notice for shareholders of Solaris Energy Infrastructure, Inc. (NYSE: SEI). A class action lawsuit has been filed, prompting the firm to reach out to investors who purchased shares during the class period of July 9, 2024, to March 17, 2025.

Key Points About the Lawsuit

Allegations Against Solaris Energy

The complaint revolves around serious allegations against Solaris Energy. Shareholders claim that during the specified period, the company, along with its affiliates, made materially false and misleading statements concerning critical elements of the business. The allegations include:
1. Lack of Corporate History: It is asserted that Mobile Energy Rentals LLC (MER), an acquisition by Solaris, had little to no corporate history in the mobile turbine leasing sector, raising doubts about its credibility.
2. Unreliable Earnings Stream: The complaint points out that MER did not possess a diversified income stream, jeopardizing the anticipated benefits of the acquisition.
3. Criminal Background: Concerns were raised regarding a co-owner of MER, who reportedly has a history of being associated with turbine-related frauds, which could have further implications for investors.
4. Inflated Business Prospects: Due to these factors, the lawsuit alleges that Solaris inflated its commercial prospects and misrepresented its profitability metrics, primarily by failing to depreciate its turbines correctly.
5. Misleading Statements: Collectively, these actions cast doubt on the validity of Solaris's positive assertions concerning its operations and future opportunities.

Given these serious allegations, it’s crucial for affected shareholders to register their information to participate in the proceedings.

Registering for the Class Action

The deadline for shareholders to register for potential participation in the lawsuit is set for May 27, 2025. Interested parties can submit their information through the Gross Law Firm’s website to ensure they receive updates and potentially qualify for recovery.

Next Steps for Shareholders: Once registered, shareholders will benefit from portfolio monitoring software that will keep them informed throughout the lifecycle of the case. Importantly, becoming a lead plaintiff is not a prerequisite for participating in recovery, making it accessible for all affected investors.

Why choose The Gross Law Firm? This firm is nationally recognized for advocating the rights of investors harmed by fraudulent actions and unethical business practices. The Gross Law Firm is dedicated to seeking justice and compensation for those negatively affected by misleading business conduct.

Contact Information

If you are a shareholder and wish to learn more about this case, contact The Gross Law Firm at:

• - Email: [email protected]
• - Phone: 646-453-8903
• - Address: 15 West 38th Street, 12th floor, New York, NY, 10018

It's essential for investors to stay informed and assert their rights in the face of potential corporate misconduct. This lawsuit is not just about Solaris; it symbolizes the broader effort to hold companies accountable for their integrity and transparency.

Stay tuned for more updates as the legal process unfolds.