Robbins Geller Rudman & Dowd LLP announces an investigation into potential violations of U.S. federal securities laws by JinkoSolar Holding Co., Ltd. (NYSE: JKS) focused on whether JinkoSolar and certain of its top executives made false and misleading statements and/or failed to disclose material information to investors.
If you have information that could assist in this investigation or if you are a JinkoSolar investor who suffered a loss and would like to learn more, you can provide your information here:
THE COMPANY: JinkoSolar is a solar panel manufacturer that distributes and sells its solar products to utility, commercial, and residential consumers.
THE REVELATION: On May 8, 2023, The Florida Times-Union reported that federal agents from the Department of Homeland Security executed a search warrant at JinkoSolar’s Jacksonville, Florida manufacturing plant. A spokesman for Homeland Security Investigations, which is the main investigative arm of the Department of Homeland Security, stated that the search warrant was executed as “part of an ongoing federal investigation.” Following the announcement, the price of JinkoSolar shares declined more than 8%.
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