First Solar, Inc. faces a federal securities class action on behalf of investors who purchased or otherwise acquired its securities between February 26, 2025, and February 24, 2026. Faruqi & Faruqi, LLP alleges that First Solar and its executives overstated the company’s ability to manage U.S. tariff policy, understated the impact of intentionally underutilizing production facilities in Malaysia and Vietnam and attempting to relocate production to the U.S., and made materially false or misleading statements about projected fiscal 2026 performance. Earlier notices from DJS Law Group and Kaplan Fox & Kilsheimer LLP raised substantially similar allegations and cited potential violations of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5. First Solar shares fell about 10.3% on Jan. 7, 2026, after a Jefferies downgrade, and existing notices said the stock fell about 13.6% on Feb. 24 after the company reported 2025 results and issued lower-than-expected 2026 revenue guidance. Faruqi’s notice instead says shares fell approximately 13.61% on Feb. 25 following alleged corrective disclosures. Investors have until Aug. 24, 2026, to seek appointment as lead plaintiff, although doing so is not required to participate in any potential recovery.