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May 27, 2025 Deadline: Contact The Gross Law Firm to Join Class Action Suit Against SEI

1. Class action notice issued for SEI shareholders from mid-2024 to March 2025. 2. Allegations include false statements and undisclosed issues with a mobile turbine supplier. 3. Key claims involve misrepresentation of acquisition prospects and inflated profitability metrics. 4. Shareholders may seek recovery without lead plaintiff appointment; registration deadline is May 27, 2025. 5. Gross Law Firm emphasizes investor protection against fraud and deceit.

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FAQ

Why Bearish?

The allegations against SEI could suggest potential financial mismanagement, impacting investor confidence. Historical cases, like Enron, reveal how fraud allegations can lead to sharp stock price declines.

How important is it?

The class action's focus on misleading statements directly undermines investor trust, potentially leading to price drops. As such lawsuits unfold, market sentiment may vary significantly, impacting SEI's valuation.

Why Short Term?

Initial negative sentiment may persist until resolution of the class action case. For instance, similar lawsuits have led to immediate market reactions, affecting stock performance through heightened scrutiny.

Related Companies

NYSE: MER

Notice to Shareholders of Solaris Energy Infrastructure, Inc. (NYSE: SEI)

NEW YORK, April 17, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Solaris Energy Infrastructure, Inc. (NYSE: SEI).

Shareholders who purchased shares of SEI during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.

CONTACT US HERE: https://securitiesclasslaw.com/securities/solaris-energy-infrastructure-inc-loss-submission-form/?id=143348&from=4

CLASS PERIOD

July 9, 2024 to March 17, 2025

ALLEGATIONS

The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that:

  1. MER, Mobile Energy Rentals LLC, had little to no corporate history in the mobile turbine leasing space;
  2. MER did not have a diversified earnings stream;
  3. MER's co-owner was a convicted felon associated with multiple allegations of turbine-related fraud;
  4. as a result, Solaris overstated the commercial prospects posed by the Acquisition;
  5. Solaris inflated profitability metrics by failing to properly depreciate its turbines;
  6. and that, as a result of the foregoing, defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

DEADLINE

May 27, 2025. Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/solaris-energy-infrastructure-inc-loss-submission-form/?id=143348&from=4

NEXT STEPS FOR SHAREHOLDERS

Once you register as a shareholder who purchased shares of SEI during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is May 27, 2025. There is no cost or obligation to you to participate in this case.

WHY GROSS LAW FIRM?

The Gross Law Firm is a nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT

The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: info@grosslawfirm.com
Phone: (646) 453-8903

SOURCE The Gross Law Firm

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