NEW YORK CITY, NY / ACCESSWIRE / May 22, 2024 / Shoals Technologies Group, Inc. (NASDAQ:SHLS)
Lifshitz Law PLLC announces investigation into possible securities laws violations and/or breaches of fiduciary duties in connection with allegations that the Company made materially false and/or misleading statements and/or failed to disclose that: (i) the Company did not deliver EBOS products that met the highest levels of quality and reliability; (ii) the Company had received reports of exposed copper conduit in EBOS wire harnesses in a large number of solar fields and was aware that a significant portion of its wire harnesses had defects; (iii) the Company would have to incur between $60 million to $185 million in costs to remediate the wire shrinkback issue; and (iv) the Company had understated its cost of revenue by millions of dollars.
If you are a SHLS investor, and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by telephone at (516)493-9780 or e-mail at info@lifshitzlaw.com.
The Boeing Company (NYSE:BA)
Lifshitz Law PLLC announces investigation into possible securities laws violations and/or breaches of fiduciary duties in connection with allegations that the Company made materially false and/or misleading statements and/or failed to disclose that: (i) throughout the Relevant Period, the Company made false and misleading statements about the its safety and quality efforts; (ii) Boeing failed to disclose that it had been prioritizing its profits over safety, which led to poor quality control standards in the production of its commercial aircraft such as the 737 MAX, resulting in a heightened risk of manufacturing flaws which could render the Company's new airplanes unsafe; and (iii) as a result of the foregoing, Boeing stock traded at artificially inflated prices during the Relevant Period.
If you are a BA investor, and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by telephone at (516)493-9780 or e-mail at info@lifshitzlaw.com.
Amplitude, Inc. (NASDAQ:AMPL)
Lifshitz Law PLLC announces investigation into possible securities laws violations and/or breaches of fiduciary duties in connection with allegations that the Company made false and/or misleading statements and/or failed to disclose that: (i) Amplitude's land-and-expand strategy was years away from significantly accelerating revenues among its newer client cohorts; (ii) the rapid acceleration in the Company's 2Q21 results resulted from the ephemeral effects of the COVID-19 pandemic which had not continued by the start of the Relevant Period, as Amplitude clients were expanding at a slower pace; and (iii) as a result, Amplitude's business, operations, financial results, and prospects were materially worse than represented to investors during the Relevant Period.
If you are an AMPL investor, and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by telephone at (516)493-9780 or e-mail at info@lifshitzlaw.com.
Fox Factory Holding Corp. (NASDAQ:FOXF)
Lifshitz Law PLLC announces investigation into possible securities laws violations and/or breaches of fiduciary duties in connection with allegations that the Company made misrepresentations related to demand for Fox Factory's products and inventory levels.
If you are a FOXF investor, and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by telephone at (516)493-9780 or e-mail at info@lifshitzlaw.com.
ATTORNEY ADVERTISING.© 2024 Lifshitz Law PLLC. The law firm responsible for this advertisement is Lifshitz Law PLLC, 1190 Broadway, Hewlett, New York 11557, Tel: (516) 493-9780. Prior results do not guarantee or predict a similar outcome with respect to any future matter.
Contact:
Joshua M. Lifshitz, Esq.
Lifshitz Law PLLC
Phone: 516-493-9780
Facsimile: 516-280-7376
Email: info@lifshitzlaw.com
SOURCE: Lifshitz Law Firm, P.C.
View the original
press release on accesswire.com
