Los Angeles, Calif .– (Newsfile Corp. – July 2, 2021) – Law firm Schall, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Array Technologies, Inc. (“Array “or” the Company “) (NASDAQ: ARRY) for violating federal securities laws.
Investors who have purchased shares of the Company in accordance with and / or the Company’s initial public offering in October 2020 (the âIPOâ), or the December 2020 public offering of the Company (the âSPO December 2020 â), or the Company’s public offer in March 2021 theâ March 2021 SPO â), or between October 14, 2020 and May 11, 2021 both dates included (theâ Recourse Period â) , are encouraged to contact the firm before July 13, 2021.
If you are a shareholder who has suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm’s website at www.schallfirm.com, or by email at [email protected]
The class, in this case, has not yet been certified, and until certification occurs, you are not represented by legal counsel. If you choose to do nothing, you can remain an absent member of the group.
According to the complaint, the company made false and misleading statements to the market. Array failed to disclose that it was facing rising costs of raw materials such as steel as early as the first quarter of 2020. At the same time, the company was facing rising costs of transportation and others. deteriorating business conditions. Based on these facts, the Company’s public statements were false and misleading throughout the Class Period. When the market learned the truth about Array, investors suffered damage.
Join the case to recoup your losses.
The Schall law firm represents investors around the world and specializes in securities class actions and shareholder rights litigation.
This press release may be considered an attorney’s advertisement in certain jurisdictions under applicable law and rules of professional conduct.
Schall Law Firm
Brian Schall, Esq.,
Schall Law Firm
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