NEW YORK, Aug.  17, 2026  (GLOBE NEWSWIRE) -- Kaplan Fox &amp; Kilsheimer LLP announces that a class action lawsuit has been filed against First Solar, Inc. (&#34;First Solar&#34; or the &#34;Company&#34;) (NASDAQ:FSLR)

FSLR

Kaplan Fox Encourages First Solar, Inc. (NASDAQ: FSLR) Investors with Significant Losses to Contact the Firm Before August 24, 2026

First Solar Class Action Could Add Near-Term Pressure on FSLR

<section class="insight" data-version="1">
 <section data-block="information">
 <h3>Information</h3>
 NEW YORK, Aug. 17, 2026 (GLOBE NEWSWIRE) -- Kaplan Fox &amp;amp; Kilsheimer LLP announces that a class action lawsuit has been filed against First Solar, Inc. (&amp;#34;First Solar&amp;#34; or the &amp;#34;Company&amp;#34;) (NASDAQ:FSLR)
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 <section data-block="ai-summary-paragraph">
 <h3>AI Summary</h3>
 Kaplan Fox filed a securities class action against First Solar (FSLR) alleging misstatements on tariffs and U.S. production shifts. The suit follows Jefferies’ downgrade and a disappointing Q4 2025 report, coinciding with a sharp stock decline. While the case creates near-term overhang, it may not affect fundamentals unless a settlement or new facts emerge.
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 <section data-block="ai-summary-bullets">
 <h3>Key Points</h3>
 <ul><li>Kaplan Fox files class action against FSLR. Feb 26, 2025–Feb 24, 2026 covered.</li><li>Jefferies downgrades FSLR to Hold from Buy. Stock fell ~10%.</li><li>Q4 2025 results missed; FY2026 revenue guidance lowered amid headwinds.</li><li>Allegations: tariff-management claims; underutilization of Malaysia/Vietnam plants; US relocation.</li><li>Lead-plaintiff deadline: August 24, 2026.</li></ul>
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 <section data-block="companies-mentioned">
 <h3>Companies Mentioned</h3>
 <ul><li>First Solar, Inc. (FSLR): Subject of class action alleging tariff-related misstatements and production shifts; potential legal overhang.</li><li>Jefferies Financial Group Inc. (JEF): Downgraded FSLR to Hold from Buy; linked to prior stock weakness.</li><li>Kaplan Fox &amp; Kilsheimer LLP: Plaintiff law firm leading the class-action filing; could signal further litigation activity.</li></ul>
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 <section data-block="category">
 <h3>Legal</h3>
 Category: Legal. The piece centers on a securities class-action against FSLR, highlighting potential litigation risk and its non-fundamental implications for valuation and sentiment.
 </section>

 <section data-block="market-moving">
 <h3>Market-Moving</h3>
 <ul><li>Class-action filing adds near-term legal overhang for FSLR.</li><li>Downgrade and Q4 miss pressured shares previously.</li><li>Lead-plaintiff deadline may spur further filings.</li></ul>
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 <section data-block="key-facts">
 <h3>Key Facts</h3>
 <ul><li>Class Period: Feb 26, 2025–Feb 24, 2026.</li><li>Downgrade: Jefferies, Jan 7, 2026.</li><li>Jan 7 close: $241.11, down 10.3%.</li><li>Feb 24 close: $210.12, down 13.6%.</li><li>Q4 2025 results missed; FY2026 revenue guidance lowered.</li></ul>
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 <section data-block="trading-thesis">
 <h3>Trading Thesis</h3>
 Trading thesis: Limited upside near term; potential downside if litigation advances over 1–3 quarters.
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<link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css"></link>NEW YORK, Aug. 17, 2026 (GLOBE NEWSWIRE) -- <a href="https://www.globenewswire.com/Tracker?data=2dxyTVuFU3_mTZY-PjxuM1c8Rn7c8MifIjYSJ1WJ-0_L57g0QU-KxKkWvXWINHqp2DtAyShbaqTVHksnnw9_U8hMIUuAXY-7Ha9NX5c3z32V92Ws36daUaQOsYbHsk2-3foeeOlw48-fkPTpVgaTYwijiB_pcElq68eJqZUzJGJpfzmrLg5FuXxPCEWdOSdmc5PYWZ-vvwhRTyzEsRCeUNhgo5_my9V0ELqAbbpSZqY=" rel="nofollow" target="_blank">Kaplan Fox &amp; Kilsheimer LLP</a> announces that a class action lawsuit has been filed against First Solar, Inc. ("First Solar" or the "Company") (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/FSLR">FSLR</a>) on behalf of investors that purchased or otherwise acquired First Solar securities between February 26, 2025 and February 24, 2026 (the "Class Period"). <a href="https://www.globenewswire.com/Tracker?data=9ppo2vl6dwvewPz8cNSU1zz0rdSlZI73cYd7DprAQRKUNCARp4hycHTgtFihvQOr4Wzr9oJ_y1OaBidLIETywY8cGXJQJLBGAQLYmMQ4DsbXGpBOrd0t3orYvKVgjaEBE9ylsvFW8uQSzSY4P3KWOKY-Xxztk2iPTKPXkEdFo77EPIE7JqvFunVbDWL_y3r6Se5HYf-M22z_4fmJ1MNBBl9zHFvyqUiC5iJeHkJ_5huQ7xkuifCBODBB8YX638yXvWZI37Xnxxgy6Kl_5HOVZoyLEXHddQ7lEzSISQubpLCg5RNzXpVoyEibv9mRJLLJ" rel="nofollow" target="_blank">CLICK HERE TO JOIN THE CASE</a> If you are an investor in First Solar and have suffered losses, you may <a href="https://www.globenewswire.com/Tracker?data=9ppo2vl6dwvewPz8cNSU131wuO6KB93wgqTrjvBDjboVm6-9sh3QfJN7MFvNr-u-LZ1G8m0L5cXdipkz9bKaNvuNPJzb-2nYVJmsskKl9ulrkAs-B9X7uFKwvzOZ43zXMoRr04QtLj6FGjeVaXKDb7UeplezwjzLpIc7Synx9qRusTCOwCCcCW1YSD1WrZtFQwCu3E0mOZ_NnyumpYzseu6laTLMmh0F8O8OnFxrcWhMBlIifoBVq-XlhLMLsTy4VPuqCmHvccQtA8WrmB7bM0jkFdyS7m7vCqDpZ_emh6Q=" rel="nofollow" target="_blank">CLICK HERE</a> to contact us. You may also contact Kaplan Fox by emailing <a href="https://www.globenewswire.com/Tracker?data=SAfQSD8HJiMjfm38xgKXqYqW4DxcQp9EWGMdRatTsnNSDuYiRM6IOXCg4kS0Qu8fcVmJyqd9WOlPUTkQ61TIvebefLvcl_Uhsp0eI6d1bvM=" rel="nofollow" target="_blank">pmayer@kaplanfox.com</a> or by calling (646) 315-9003. DEADLINE REMINDER: If you are a member of the proposed Class, you may move the court no later than August 24, 2026 to serve as a lead plaintiff for the purported class. If you have losses we encourage you to contact us to learn more about the lead plaintiff process. You need not seek to become a lead plaintiff in order to share in any possible recovery. On January 7, 2026, according to the complaint, "Jefferies downgraded First Solar to Hold from Buy, noting that during 2025, First Solar had lowered guidance, faced significant de-bookings and experienced margin compression through 2025."  Following this news, the price of First Solar stock fell $27.67 per share, about 10.3%, to close at $241.11 per share on January 7, 2026. Then, on February 24, 2026, after markets closed, according to the complaint First Solar announced financial results for the fourth quarter and year ended December 31, 2025 "that missed expectations by a wide margin and issued lower-than expected FY 2026 revenue guidance, citing customer headwinds such as permitting delays under the Trump administration." Following this news, the price of First Solar stock fell $33.09 per share, about 13.6%, to close at $210.12 per share. The complaint alleges, among other things, that throughout the Class Period, (i) Defendants overstated First Solar’s capacity to manage the impact of U.S. tariff policy on the Company’s business; (ii) Defendants understated the extent to which its responses to U.S. tariff policy, including the intentional underutilization of production facilities in Malaysia and Vietnam, and attempted relocation of production to the U.S., were likely to negatively impact First Solar’s projected performance in the 2026 fiscal year; and (iii) as a result, Defendants’ public statements were materially false and misleading at all relevant times. WHY CONTACT KAPLAN FOX - Kaplan Fox is a leading national law firm focusing on complex litigation with offices in New York, Oakland, Los Angeles, Chicago and New Jersey. With over 50 years of experience in securities litigation, Kaplan Fox offers the professional experience and track record that clients demand. Through prosecuting cases on the federal and state levels, Kaplan Fox has successfully shaped the law through winning many important decisions on behalf of our clients. For more information about Kaplan Fox &amp; Kilsheimer LLP, you may visit our website at <a href="https://www.globenewswire.com/Tracker?data=JShlBrkt9kj9_hIw8RnU6bjWc3Busp2bRQHqw4bKMjyNFvB2fxfEh8yWrL1KS8lEAg0iR-0NNiB3n9lbg9N0CM_BiRn7wHRjxaFJgowuhXM=" rel="nofollow" target="_blank">www.kaplanfox.com</a>. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. Past results do not guarantee future outcomes. If you have any questions about this Notice, your rights, or your interests, please contact: CONTACT: Pamela A. Mayer <a href="https://www.globenewswire.com/Tracker?data=utYLL922XNgYEKKi2BCOwBdn6Z7hOatLNOKp0IU8fw3LPy2uYVBXeaT-WwUIzjUINJJ_bDErK7sTR8rXttJiC0O6FiSA9yEd8ewkBWKQx1R-f0vZINLGakPvTtYHjBwh" rel="nofollow" target="_blank">KAPLAN FOX &amp; KILSHEIMER LLP</a> 800 Third Avenue, 38th Floor New York, New York 10022 (646) 315-9003 <a href="https://www.globenewswire.com/Tracker?data=SAfQSD8HJiMjfm38xgKXqYqW4DxcQp9EWGMdRatTsnOs8WsVwExrm67HCrwoRzmyEQhGHX0U_No8ijlXtO2bGd3iaGgKEDD_S7t-l6cu6eE=" rel="nofollow" target="_blank">pmayer@kaplanfox.com</a> Laurence D. King <a href="https://www.globenewswire.com/Tracker?data=utYLL922XNgYEKKi2BCOwBdn6Z7hOatLNOKp0IU8fw16QVGGhhE0XqIbN-VsKZdMD9stPNl2yuyPNTGojujg1iAQakcN9l7LMG3nma5d3cJS0i_XM9qRqldg5-45Pbe7" rel="nofollow" target="_blank">KAPLAN FOX &amp; KILSHEIMER LLP</a> 1999 Harrison Street, Suite 1501 Oakland, California 94612 (415) 772-4704 <a href="https://www.globenewswire.com/Tracker?data=Lc_kDclSsuk4j9qFG1XHN9xOn0hL7sa-WeRhZtHiNqwPP6XviMo76nECca9oiINVk1SBPE0NLlnsADroMBcFKKCRaXdg_8xscVR-KmX2msk=" rel="nofollow" target="_blank">lking@kaplanfox.com</a> Contacting or submitting information to Kaplan Fox &amp; Kilsheimer LLP does not create an attorney-client relationship, nor an obligation on the part of Kaplan Fox to retain you as a client. <a href="https://www.globenewswire.com/Tracker?data=BQoJxTpwDfOGmHkHq2gdBUFyqvQ8pNVp92ScBysKMfc8t9f9p7GDNzuzmKy59dfS4WPUTUz0Atie8f3ne4b5LCYjTbxXcOlO3exJCQXw0A-JC_VgKmcOTvL4OaHaWW-35uesfSYXdBAuLdkvt1JODdBkEp9559KZabKdHqAxMLkZg1q68z136KUBEvDnDxTUbW1yBBz4Z7-M6G_VcksgKeHG7WP9QEtYPETpvfQzWtIL5V8MHAseBYRb7n7EdiTt" rel="nofollow" target="_blank">https://www.kaplanfox.com/case/first-solar-inc-class-action-alert-learn-more-now/</a> <img alt="" class="__GNW8366DE3E__IMG" src="https://www.globenewswire.com/newsroom/ti?nf=OTgxMTI0NiM3Nzc5NzEyIzIwMjA4OTE="></img> <img alt="" src="https://ml.globenewswire.com/media/MmEzZjdhYmEtMTI2NS00MWQ5LWI4MzctYjkzMmJmOWNmZDZhLTEwMzE5OTktMjAyNi0wOC0xNy1lbg==/tiny/Kaplan-Fox-Kilsheimer-LLP.png" referrerpolicy="no-referrer-when-downgrade"></img><a href="https://www.globenewswire.com/NewsRoom/AttachmentNg/711aa439-0e7d-4b53-8daa-452f70fe946a"><img src="https://ml.globenewswire.com/media/711aa439-0e7d-4b53-8daa-452f70fe946a/small/pr-resizing-kaplan-fox-tagline-logo-color-jpg.jpg" border="0" width="150" height="29" alt="Primary Logo"></img></a>

Kaplan Fox filed a securities class action against First Solar (FSLR) alleging misstatements on tariffs and U.S. production shifts. The suit follows Jefferies’ downgrade and a disappointing Q4 2025 report, coinciding with a sharp stock decline. While the case creates near-term overhang, it may not affect fundamentals unless a settlement or new facts emerge.

News insight

Kaplan Fox Encourages First Solar, Inc. (NASDAQ: FSLR) Investors with Significant Losses to Contact the Firm Before August 24, 2026

AI summary

Sentiment rationale

Key facts

Legal