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Berman Tabacco Announces Investigation of FTC Solar, Inc. (FTCI) for Potential Securities Law Violations
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Rhea-AI Summary
FTC Solar Inc. (FTCI) Under Investigation by Berman Tabacco for Potential Securities Law Violations in Solar Tracker Systems and Engineering Services
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BOSTON--(BUSINESS WIRE)--
Berman Tabacco, a national law firm representing investors, is investigating potential securities law violations by FTC Solar, Inc. ("FTC Solar" or the "Company") (Nasdaq: FTCI), a provider of solar tracker systems, technology, software, and engineering services.
About the Investigation
In April 2021, FTC Solar completed an initial public offering. Shares began trading on the Nasdaq on April 28, 2021.
On November 8, 2023, Bloomberg reported, “FTC Solar shares plummet 34% after the solar equipment maker reported a larger-than-expected adjusted net loss for the third quarter and a management change, including the departures of current CEO and CFO in December 2023.”
Contact
If you have information concerning this investigation, please contact us here: Contact | Berman Tabacco.
About Berman Tabacco
Since 1982, our firm has prosecuted hundreds of securities and antitrust complex cases. The firm and its attorneys have been recognized for their work on behalf of plaintiffs, including by Chambers USA, Benchmark Litigation, which has ranked the firm as Highly Recommended and a Top Ten Plaintiffs, The Legal 500, U.S. News & World Report-Best Lawyers, The Daily Journal, Lawdragon, Who's Who Legal, and Super Lawyers.
The firm has offices in Boston, Massachusetts and San Francisco, California.
Berman Tabacco
Jay Eng, Esq.
One Liberty Square
Boston, Massachusetts Email: law@bermantabacco.com
Source: Berman Tabacco
FAQ
What is Berman Tabacco investigating regarding FTC Solar Inc. (FTCI)?
Berman Tabacco is investigating potential securities law violations by FTC Solar Inc. (FTCI) related to their solar tracker systems, technology, software, and engineering services.
What is the ticker symbol for FTC Solar Inc.?
The ticker symbol for FTC Solar Inc. is FTCI.
What does FTC Solar Inc. (FTCI) provide?
FTC Solar Inc. (FTCI) is a provider of solar tracker systems, technology, software, and engineering services.
ftc solar is a team of dedicated renewable energy professionals focused on delivering cost reductions to our clients across the solar project development and construction cycle. with over 1gw of us and 4gw of worldwide project installation experience, ftc solar’s differentiated offerings drive value for solar solutions spanning a range of applications including ground mount, tracker, canopy and rooftop. products and services: - development engineering services - pay for performance engineering consulting - pay for performance lean construction implementation - design automation software (https://sundat.ftcsolar.com/) - portfolio management software (http://sam.ftcsolar.com/) - ap90 single axis tracker with > 1gw worldwide installations visit ftc solar's website for more information: www.ftcsolar.com
