Levi & Korsinsky Invites Investors to Join Class Action Against SEI Due to Alleged Securities Fraud

Join the Class Action Against Solaris Energy Infrastructure, Inc.

Levi & Korsinsky, LLP, a prominent law firm specializing in securities litigation, has issued a notice inviting investors affected by alleged securities fraud involving Solaris Energy Infrastructure, Inc. (NYSE: SEI) to join a class action lawsuit. This action comes in response to significant claims that the company misled shareholders regarding its business operations, particularly concerning its acquisition of Mobile Energy Rentals LLC (MER).

Understanding the Class Action Lawsuit

The lawsuit covers investors who held shares during the period between July 9, 2024, and March 17, 2025, and aims to recover losses suffered due to the alleged deceptive practices of Solaris Energy. The primary allegations suggest that the company concealed critical information about its acquisition of MER, including:

1. Lack of Corporate History: MER reportedly had minimal or no track record in the mobile turbine leasing industry, raising doubts about its operational viability.
2. Limited Earnings Diversification: It was claimed that MER lacked a diversified income stream, which could negatively impact future profitability.
3. Criminal Background of Co-Owner: The co-owner of MER faced a history of felony charges related to turbine fraud, potentially jeopardizing investor confidence.
4. Inflation of Profitability Metrics: The lawsuit alleges that Solaris inflated its profitability by failing to account for the proper depreciation of its turbines, presenting an overly optimistic picture of its financial health.
5. Misleading Positive Statements: As a result of these issues, the complaint states that the company misrepresented its business prospects, leading investors to incur substantial losses when the truth came to light.

What Investors Need to Know

Investors partaking in this class action do not need to become lead plaintiffs to receive any potential compensation resulting from the lawsuit. If you suffered financial harm due to your investment in Solaris Energy within the specified timeframe, you still have the opportunity to join this legal action until the deadline of May 27, 2025.

No Financial Risk

One significant advantage for affected investors is that there are no out-of-pocket costs associated with participating in this case. Levi & Korsinsky affirms that, as a class member, you can seek restitution without incurring any fees, emphasizing their