The Law Offices of Howard G. Smith said investors who suffered substantial losses in First Solar, Inc. have until Aug. 24, 2026 to seek appointment as lead plaintiff in an ongoing securities fraud class action. The complaint alleges that, from Feb. 26, 2025 through Feb. 24, 2026, the defendants made materially false or misleading statements and omitted material adverse facts about the company’s business, operations and prospects. The filing claims First Solar overstated its ability to manage the impact of U.S. tariff policy on its business and understated how its response, including the intentional underutilization of production facilities in Malaysia and Vietnam and attempted relocation of production to the U.S., was likely to hurt projected performance in the 2026 fiscal year. The complaint further alleges that positive statements about the company lacked a reasonable basis or were materially misleading during the class period. The firm said class members do not need to take action now to remain in the case and may choose their own counsel or remain absent class members.