LOS ANGELES, April 7, 2025 /PRNewswire/ — The Schall Law Firm, a national shareholder rights litigation firm, is reminding investors of a class action lawsuit against Solaris Energy Infrastructure, Inc. (“Solaris” or “the Company”) SEI. The lawsuit asserts violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934, along with Rule 10b-5 as established by the U.S. Securities and Exchange Commission.

Investors who acquired Company securities from July 9, 2024 to March 17, 2025 (known as the “Class Period”) are urged to contact the firm prior to May 27, 2025.

Affected shareholders who have incurred losses can click here to participate in the lawsuit.

Additionally, interested parties may reach out to Brian Schall of the Schall Law Firm at 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, through a phone call at 310-301-3335. More information can also be found on the firm’s website at www.schallfirm.com or emailed to [email protected].

It is important to note that the class in this case has not yet received certification. Until certification is granted, participants are not formally represented by an attorney. Those who take no action will remain absent class members.

The Complaint alleges that Solaris made false and misleading statements in the market. Specifically, the Company completed its acquisition of Mobile Energy Rentals LLC (“MER”) despite MER’s lack of significant corporate experience with mobile turbine leasing. Furthermore, MER did not possess the diverse earnings stream as claimed to investors. The situation is compounded by the fact that a co-owner of MER is a convicted felon facing fraud allegations related to the energy sector. Solaris allegedly exaggerated the expected commercial success from the MER acquisition and improperly adjusted turbine depreciation to increase reported profitability. Consequently, the Company’s public declarations were false and misleading during the class period, leading to losses for investors once the truth was revealed.

Investors are encouraged to join the case to seek recovery of their losses.

The Schall Law Firm advocates for investors globally, concentrating on securities class action lawsuits and shareholder rights litigation.

This press release may qualify as Attorney Advertising in certain jurisdictions according to relevant laws and ethical guidelines.

CONTACT:

The Schall Law Firm
Brian Schall, Esq.,
www.schallfirm.com
Office: 310-301-3335
[email protected]

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SOURCE: The Schall Law Firm