LOS ANGELES, May 27, 2025 /PRNewswire/ -- The DJS Law Group reminds investors of a class action lawsuit against Solaris Energy Infrastructure, Inc. ("Solaris" or "the Company") (NYSE: SEI) for violations of the federal securities laws.
Shareholders who purchased the Company's securities between July 9, 2024 and March 17, 2025, inclusive (the "Class Period"), are encouraged to contact the firm before May 27, 2025.
CASE DETAILS: The complaint alleges that the Company made false and misleading statements to the market when Solaris completed its acquisition of Mobile Energy Rentals LLC ("MER") despite the fact that MER had no significant corporate experience in the mobile turbine leasing space. MER did not have the diversified earnings stream that was touted to investors. MER's co-owner was a convicted felon facing allegations of fraud specific to the energy industry. The Company overstated the commercial prospects that would result from its acquisition of MER. The Company improperly depreciated its turbines to inflate profitability.
If you are a shareholder who suffered a loss, contact us to participate.
WHY DJS LAW GROUP? DJS Law Group's primary focus is to enhance investor return through balanced counseling and aggressive advocacy. We specialize in securities class actions, corporate governance litigation, and domestic/international M&A appraisals. Our clients are some of the largest and most sophisticated hedge funds and alternative asset managers in the world. The litigation claims of our clients are extraordinarily valuable assets that demand respect, focus, and results.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
CONTACT:
David J. Schwartz
DJS Law Group
274 White Plains Road, Suite 1
Eastchester, NY 10709
Phone: 914-206-9742
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SOURCE DJS Law Group LLP