MILWAUKEE, March 21, 2024 /PRNewswire/ -- Ademi LLP is investigating possible securities fraud claims against Shoals (Nasdaq: SHLS). The investigation results from inaccurate statements Shoals may have made regarding its accounting, business operations and prospects.

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Click here to learn more about the investigation: https://www.ademilaw.com/case/shoals-technologies-group-inc or call Guri Ademi toll-free at 866-264-3995. There is no cost or obligation to you.

The investigation focuses Shoals' representations regarding its quality and internal controls with respect to certain wire products and insulation (plastic coating around the wire), which were incorrectly applied, causing the insulation to shrink over time. The warranty costs of these failures could approach approximately $185 million.

If you wish to obtain additional information or have information about this investigation, please contact Guri Ademi either at gademi@ademilaw.com or toll-free: 866-264-3995, https://www.ademilaw.com/case/shoals-technologies-group-inc.                    

We specialize in securities fraud and shareholder litigation.  For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes.

Contact:
Ademi LLP
Guri Ademi
3620 East Layton Ave.
Cudahy, WI 53110
Toll Free: (866) 264-3995
Fax: (414) 482-8001
www.ademilaw.com

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SOURCE Ademi LLP