The Pomerantz Law Firm has brought a class action lawsuit against Singapore-headquartered solar manufacturer Maxeon Solar Technologies concerning whether “Maxeon and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.”
Class action lawsuits have been filed against US domestic solar company SunPower, amidst allegations that company misled investors by failing to disclose that it had inaccurately reported the cost of revenue and inventory metrics.
US solar manufacturer Toledo Solar has settled its lawsuit with cadmium-telluride (CadTel) thin film solar manufacturer First Solar for an undisclosed amount.
SolarEdge Technologies’ solar power optimisers and inverters could face an import ban into the US after the country’s International Trade Commission (ITC) said it would begin an investigation following a complaint filed by optimiser provider Ampt.