#United States #New York #Class Action #Levi & Korsinsky #Solaris Energy

Class Action Lawsuit Against Solaris Energy Infrastructure, Inc.

New York, NY – May 9, 2025 – Levi & Korsinsky, LLP has announced a class action lawsuit against Solaris Energy Infrastructure, Inc. (NYSE: SEI), alerting investors of significant legal proceedings related to alleged securities fraud. The lawsuit primarily focuses on investors who faced financial losses between July 9, 2024, and March 17, 2025, due to misleading statements regarding the company’s operational integrity and financial health.

Lawsuit Overview

The class action seeks to compensate those adversely affected by alleged deceitful practices of the company, as they reportedly misrepresented various aspects of their business. The complaint suggests that Solaris Energy Infrastructure concealed critical information which impacted shareholders negatively.

Key Allegations

The plaintiffs argue that key executives within Solaris Energy Infrastructure made several false statements or failed to disclose pivotal facts about the company:
1. Corporate History: The lawsuit highlights that Mobile Energy Rentals LLC (MER), an entity acquired by Solaris, lacked a significant corporate history in the mobile turbine leasing sector.
2. Earnings Diversification: It is also alleged that MER did not have diversified income streams, leaving it vulnerable to fluctuations in specific market segments.
3. Criminal Background: Concerns have been raised about the criminal history of a co-owner associated with MER, who has previous allegations of turbine-related fraud, casting doubt on the integrity of the acquisition.
4. Financial Misstatements: Reports indicate that Solaris inflated its profitability metrics by neglecting to accurately depreciate its turbine assets, contributing to misleading representations of the company's financial status.
5. Market Forecasts: Consequently, positive statements regarding the company's future prospects were deemed materially misleading and unsupported by the available evidence.

What Investors Need to Know

Investors who suffered losses during the mentioned timeframe are urged to take action. Those interested in participating in the class action have until May 27, 2025, to petition the court for appointment as lead plaintiff. It is clarified that to recover losses, participants do not have to be lead plaintiffs in the case.

No Financial Burden

Levi & Korsinsky emphasizes that class members may be entitled to restitution without any out-of-pocket costs. The firm offers its services on a no-win, no-fee basis, allowing injured investors to pursue their claims without financial strain.

Why Choose Levi & Korsinsky?

With over two decades of expertise in securities litigation, Levi & Korsinsky has a solid reputation for securing significant settlements for shareholders. They've consistently been recognized as one of the top securities litigation firms in the United States by ISS Securities Class Action Services. Their experienced team of over seventy professionals is dedicated to advocating for investors’ rights in complex legal matters.

For more information or to learn more about the lawsuit, individuals can reach out directly to Levi & Korsinsky:

• - Email: [email protected]
• - Phone: (212) 363-7500

In conclusion, the ongoing situation surrounding Solaris Energy Infrastructure is crucial for affected investors, and timely action can lead to recouping their losses. Stay informed and make clear decisions as the legal landscape evolves.