Investor Deadline Approaches in SolarEdge Technologies, Inc. Class Action Lawsuit

LOS ANGELES, December 21, 2023 — Investors are issued a reminder from Glancy Prongay & Murray LLP ("GPM") regarding the rapidly approaching deadline of January 2, 2024, to file a lead plaintiff motion in the class action lawsuit concerning SolarEdge Technologies, Inc. SEDG. The lawsuit has been filed on behalf of those who acquired the securities of SolarEdge Technologies, which designs and sells advanced inverter systems for solar photovoltaic installations globally and is headquartered in Herzliya, Israel.

Background on the Lawsuit

The class action targets SolarEdge Technologies for potential violations of federal securities laws. If you invested in SEDG during the class period and suffered significant losses, you may be entitled to act as lead plaintiff, but you must file your application by the specified January deadline. This role is critical for directing the litigation on behalf of other investors.

Details on SolarEdge and the Litigation

SolarEdge Technologies, known for its optimized DC inverter systems for solar PV installations, faces allegations that may have affected investor trust and the value of their investments. The upcoming deadline marks a crucial date for shareholders who wish to participate in the class action lawsuit and for those deciding whether to take on the role of lead plaintiff.

Investor Action and Next Steps

As the January 2, 2024, deadline looms, GPM urges SEDG investors with significant losses to consider their legal options. The outcome of this lawsuit could have important implications for their investments and for SolarEdge Technologies as a company.

deadline, lawsuit, investors