The solar technology company said customer contract cancellations offset an increase in module sales to third parties.
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Multiple securities class action lawsuits have been filed against First Solar (NasdaqGS:FSLR). The suits allege materially misleading statements about U.S. tariff policy and production utilization. Plaintiffs claim the company understated the impact of production relocation and facility underutilization on its outlook. First Solar is a major U.S. solar module producer, and the new wave of litigation puts its disclosures around tariff exposure and manufacturing utilization under closer...