<br /> FIRST SOLAR SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK & FOTI, LLC REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against First Solar, Inc. – FSLR<br />

FIRST SOLAR SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK & FOTI, LLC REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against First Solar, Inc. – FSLR

PR Newswire

NEW ORLEANS

,

Jan. 11, 2022

/PRNewswire/ — Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of

Louisiana

,

Charles C. Foti, Jr.

, remind investors that they have until

March 8, 2022

to file lead plaintiff applications in a securities class action lawsuit against First Solar, Inc. (NasdaqGS: FSLR), if they purchased the Company’s shares between

February 22, 2019

and

February 20, 2020

, inclusive (the “Class Period”). This action is pending in

the United States

District Court for the District of

Arizona

.

What You May Do

If you purchased shares of First Solar as above and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email (

[email protected]

), or visit

https://www.ksfcounsel.com/cases/nasdaqgs-fslr/

to learn more. If you wish to serve as a lead plaintiff in this class action, you must petition the Court by

March 8, 2022

.

About the Lawsuit

First Solar and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.

On

February 20, 2020

, the Company disclosed that it was exploring the sale of its Project Development business, that it was experiencing “challenges with regard to certain aspects of the overall cost per watt,” and that it would no longer be disclosing a discrete cost per watt for its Series 6 units.

On this news, shares of First Solar declined, damaging shareholders.

The case is

City of Pontiac General Employees’ Retirement System v. First Solar, Inc.,

No. 22-cv-00036.

About Kahn Swick & Foti, LLC

KSF, whose partners include former

Louisiana

Attorney General

Charles C. Foti, Jr.

, is one of the nation’s premier boutique securities litigation law firms. KSF serves a variety of clients – including public institutional investors, hedge funds, money managers and retail investors – in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies. KSF has offices in

New York

,

California

,

Louisiana

and

New Jersey

.

To learn more about KSF, you may visit

www.ksfcounsel.com

.

Contact:

Kahn Swick & Foti, LLC

Lewis Kahn

, Managing Partner

[email protected]

1-877-515-1850

1100 Poydras St., Suite 3200

New Orleans, LA

70163