Press release from PR Newswire
Faruqi & Faruqi, LLP Announces Investigation of First Solar Inc.
Monday, March 19, 2012
Faruqi & Faruqi, LLP Announces Investigation of First Solar Inc.11:22 EDT Monday, March 19, 2012NEW YORK, March 19, 2012 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential securities fraud at First Solar Inc. ("First Solar" or the "Company") (NasdaqGS: FSLR). (Logo: http://photos.prnewswire.com/prnh/20120119/MM38856LOGO) The investigation focuses on whether the Company and its executives violated federal securities laws by failing to disclose that: (1) certain manufacturing flaws were having an adverse effect on the Company's earnings; (2) First Solar was improperly recognizing revenue from certain products in its systems business; and (3) First Solar lacked sufficient internal and financial controls to accurately report the Company's financial results.Request more information now by clicking here: www.faruqilaw.com/FSLR Take ActionIf you purchased First Solar securities between April 30, 2008 and February 28, 2012 and would like to discuss your legal rights, visit www.faruqilaw.com/FSLR. You can also contact us by calling Richard Gonnello or Francis McConville toll free at 877-247-4292 or at 212-983-9330 or by sending an e-mail to firstname.lastname@example.org or email@example.com. Faruqi & Faruqi, LLP also encourages anyone with information regarding First Solar's conduct to contact the firm, including whistleblowers, former employees, shareholders and others.Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential matter.FARUQI & FARUQI, LLP369 Lexington Avenue, 10th FloorNew York, NY 10017Attn: Richard Gonnello, Esq.firstname.lastname@example.orgFrancis McConville, Esq.email@example.comTelephone: (877) 247-4292 or (212) 983-9330SOURCE Faruqi & Faruqi, LLP