#United States #New York #Levi and Korsinsky #SEI #Solaris Inc

Investors of Solaris Energy Infrastructure Inc. Should Reach Out

A recent notification from Levi & Korsinsky, LLP has drawn attention to the investors of Solaris Energy Infrastructure Inc., trading under the ticker symbol SEI on the NYSE. The firm advises shareholders to take action before May 27, 2025, to discuss their rights regarding a class action securities lawsuit that has been filed against the company.

Understanding the Class Action Lawsuit

The class action is designed to recover losses on behalf of investors impacted by alleged securities fraud that occurred between July 9, 2024, and March 17, 2025. According to the complaint filed by Levi & Korsinsky, certain defendants are accused of making misleading statements and failing to disclose crucial information related to Solar Energy’s business transactions.

Claims of Misrepresentation

The lawsuit outlines several key allegations:
1. Corporate History: The complaint mentions that Mobile Energy Rentals LLC (MER), a critical part of Solaris's business dealings, lacked a significant corporate history in the mobile turbine leasing sector.
2. Revenue Diversification: It is stated that MER did not possess a varied revenue stream, raising concerns about its financial sustainability.
3. Owner's Criminal Record: Notably, the co-owner of MER has a background involving multiple fraud allegations related to turbine operations, which was not initially disclosed.
4. Profitability Metrics: Solaris is also accused of inflating its profitability by not properly depreciating its turbines, which misled investors about its financial health.

These allegations indicate that the positive statements made about the company’s future and operations lacked a reasonable basis, leading to investor losses.

Next Steps for Investors

For those investors who believe they suffered losses during the aforementioned period, the time to act is now. Levi & Korsinsky encourages potential claimants to engage with them before the deadline on May 27, 2025. Although serving as a lead plaintiff may offer certain benefits, it's not a requirement for an investor to pursue compensation in this class action.

No Cost Involved

Participating in this class action bears no financial risk to the investors, as class members may be eligible for compensation without any out-of-pocket costs. Levi & Korsinsky operates on a contingency basis, ensuring no initial costs to sign up for this case.

Why Choose Levi & Korsinsky?

Over the past two decades, Levi & Korsinsky has earned a reputation for securing substantial recoveries for affected shareholders, having represented clients in numerous high-stakes securities litigations. The firm has been recognized consistently as one of the top securities litigation practices in the United States, with dedicated attorneys and substantial case experience.

Contact Information

Investors interested in finding out more about their rights and the potential claims are encouraged to reach out to:

• - Joseph E. Levi, Esq. or Ed Korsinsky, Esq.
• - Address: 33 Whitehall Street, 17th Floor, New York City, NY 10004
• - Email: [email protected]
• - Phone: (212) 363-7500

In summary, the investors of Solaris Energy Infrastructure Inc. have a pivotal window to seek justice and recover potential losses via this class action lawsuit against the alleged fraudulent practices surrounding the company's operations.