SolarEdge Technologies Inc.

Ticker: SEDG

Class Period Start: 08/06/2020

Class Period End: 10/19/2022

Registration Deadline: 01/03/2023

A securities class action lawsuit has been filed in the USDC – S.D.N.Y. on behalf of all those who purchased or otherwise acquired common shares of SolarEdge Technologies Inc. (NASDAQ: SEDG) (“SolarEdge” or the “Company”) between August 6, 2020 and October 19, 2022, both dates inclusive (the “Class Period”).

According to the lawsuit, throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that:

  • the designs of the power optimizers, inverters, and components thereof used to develop SolarEdge’s products potentially originated with and were misappropriated from Ampt LLC (“Ampt”);
  • Ampt made claims against the Company for misappropriating Ampt’s patented technology;
  • evidentiary support existed for the allegations that SolarEdge misappropriated certain patents relating to the design and development of the Company’s power optimizers and inverters;
  • as a result, SolarEdge faced a threat of regulatory and/or court action, which could prohibit the import, marketing, and sale of its power optimizers and inverters, including solar energy systems that contain such products;
  • which in turn seriously threatened SolarEdge’s ability to monetize on their solar energy systems that contain the power optimizers and inverters in the United States and generate revenue; and
  • certain revenues generated from the sale of power optimizers and inverters were potentially based on SolarEdge’s unlawful activities, including the misappropriation of patented designs by Ampt.

If you suffered a loss on your investments or would like to inquire about joining an action to recover your loss under the federal securities laws, please complete the form below.

An attorney will contact you at no cost to provide you information about joining the action and answer your questions. Please note that submission of this form does not by itself form an attorney-client relationship nor does filing out this form mean you have joined any lawsuit.

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