Robbins LLP said investors who bought First Solar securities between February 26, 2025 and February 24, 2026 may be eligible to participate in the proposed case and can seek to serve as lead plaintiff.
First Solar, Inc. and certain of its officers are facing a proposed securities class action tied to statements made between February 26, 2025 and February 24, 2026, with Robbins LLP now also publicizing the case to investors. The complaint alleges the company overstated its ability to manage the impact of U.S. tariff policy and understated how its response, including intentional underutilization of production facilities in Malaysia and Vietnam and attempted relocation of production to the U.S., could hurt projected performance in fiscal 2026. The filing also points to two stock drops cited by the plaintiff: a January 7, 2026 decline after Jefferies downgraded the stock to Hold from Buy and flagged ongoing pressure at international facilities, and a February 25, 2026 decline after First Solar reported fourth-quarter and full-year 2025 results, missed earnings expectations, issued weaker-than-expected 2026 revenue guidance, and Baird Research cut the stock to Neutral from Outperform. Robbins said shareholders may be eligible to participate in the action and can contact the firm if they wish to seek lead plaintiff status, while an earlier notice on the case said investors have until August 24, 2026 to ask the court for that appointment.