Kehoe Law Firm, P.C. is investigating potential securities fraud claims on behalf of investors of Solaris Energy Infrastructure, Inc. (“Solaris Energy” or “Solaris”) (NYSE:SEI).
Class Action Lawsuit Filed Against Solaris Energy
On March 28, 2025, a class action lawsuit alleging violations of the federal securities laws was filed against Solaris Energy in United States District Court, Southern District of Texas (Case No. 4:25-cv-01455).
The securities class action lawsuit, pursuing claims under the Securities Exchange Act of 1934, was filed on behalf of investors who purchased or otherwise acquired Solaris Energy securities between July 9, 2024 and March 17, 2025 (the “Class Period”).
Summary of the Class Action Allegations
Throughout the Class Period, the Solaris Energy Defendants allegedly made materially false and/or misleading statements, as well as failed to disclose material adverse facts about Solaris’ business, operations, and prospects.
According to the complaint, the Solaris Defendants misrepresented and/or failed to disclose that Mobile Energy Rentals LLC (“MER”) had little to no corporate history in the mobile turbine leasing space; MER did not have a diversified earnings stream; and MER’s co-owner was a convicted felon associated with multiple allegations of turbine-related fraud.
As a result, Solaris, allegedly, overstated the commercial prospects posed by Solaris Energy’s acquisition of MER; Solaris inflated profitability metrics by failing to properly depreciate its turbines; and, consequently, the Solaris Energy Defendants’ positive statements about its business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
Solaris Energy Investors May Have Legal Claims
Solaris investors who acquired their securities during the Class Period are encouraged to complete Kehoe Law Firm’s Stockholder Information Request form or send us a message to contact an attorney to discuss the class action lawsuit and receive a free, no-obligation evaluation of potential legal claims.
Solaris Energy shareholders can also contact Michael Yarnoff, Esq., (215) 792-6676, Ext. 804, [email protected], [email protected].
About Kehoe Law Firm, P.C.
Kehoe Law Firm, P.C. is a nationally recognized, plaintiff-side class action firm dedicated to protecting investors and consumers from fraud and misconduct. Our attorneys have served as Lead or Co-Lead Counsel in major securities cases, recovering over $10 billion for institutional and individual investors.
Our firm litigates securities fraud, fiduciary breaches, unfair mergers and acquisitions, and antitrust violations, while also representing whistleblowers and advocating for victims of data breaches, consumer fraud, vehicle and product defects, employment law violations, retirement plan mismanagement, and other corporate and business misconduct. With a results-driven approach, we pursue justice and substantial recoveries for those we represent.
Kehoe Law Firm’s class action legal services are provided on a contingency-fee basis, meaning clients are not responsible for any fees or litigation expenses.
SEND US A MESSAGE
Contact Us
ADDRESS
Kehoe Law Firm, P.C.
2001 Market Street
Suite 2500
Philadelphia, PA 19103