SolarEdge Technologies, Inc.

USDC – Southern District of New York

November 16, 2023

Class Period: 5/3/2023 – 10/19/2023
Lead Plaintiff Deadline: January 2, 2024

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Principle Contacts

Laurence D. King

SOLAREDGE INVESTOR ALERT: Kaplan Fox & Kilsheimer LLP Notifies SolarEdge investors of a Class Action Lawsuit and Upcoming Deadline

Kaplan Fox & Kilsheimer LLP reminds investors that a complaint has been filed on behalf of investors that purchased or otherwise acquired SolarEdge Technologies, Inc. (“SolarEdge” or the “Company”) (NASDAQ: SEDG) securities between May 3, 2023 and October 19, 2023, inclusive (the “Class Period”).  Click Here to Join Investigation.

If you acquired SolarEdge securities during the Class Period and would like to discuss this case, please click here. You may also contact us by emailing or calling (646) 315-9003.

If you are a member of the proposed Class, you may move the court no later than January 2, 2024 to serve as a lead plaintiff for the purported class.  If you have losses, we encourage you to contact us to learn more about the lead plaintiff process.

On Oct. 19, 2023, SolarEdge announced its preliminary financial results for the third quarter of 2023, disclosing that “[d]uring the second part of the third quarter of 2023, we experienced substantial unexpected cancellations and pushouts of existing backlog from our European distributors. . . .”  The Company attributed the cancellations and pushouts to “higher than expected inventory in the channels.”  As a result, SolarEdge stated that “third quarter revenue, gross margin and operating income will be below the low end of the prior guidance range.”

Following this news, the Company’s share price fell $31.08, or 27.2%, to close at $82.90 per share on October 20, 2023 on heavy trading volume. 


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If you have any questions about this Notice, your rights, or your interests, please contact:

Pamela Mayer
800 Third Avenue, 38th Floor
New York, New York 10022
(646) 315-9003

Laurence D. King
1999 Harrison Street, Suite 1560
Oakland, California 94612
(415) 772-4704
Fax:  (415) 772-4707

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