NEW YORK, NY / ACCESSWIRE / March 28, 2024 / If you suffered a loss on your

Shoals Technologies Group, Inc. (NASDAQ:SHLS) investment and want to learn

about a potential recovery under the federal securities laws, follow the link

below for more information:

https://zlk.com/pslra-1/shoals-technologies-lawsuit-submission-form?prid=73251&wire=1

or contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or call

(212) 363-7500 to speak to our team of experienced shareholder advocates.

THE LAWSUIT: A class action securities lawsuit was filed against Shoals

Technologies Group, Inc. that seeks to recover losses of shareholders who were

adversely affected by alleged securities fraud between May 17, 2022 and

November 7, 2023.

CASE DETAILS: The filed complaint alleges that defendants made false

statements and/or concealed that: (1) Shoals did not deliver EBOS, electrical

balance of system, products that met the highest levels of quality and

reliability; (2) Shoals had received reports of exposed copper conduit in EBOS

wire harnessess in a large number of solar fields and was aware that a

significant portion of its wire harnesses had defects; (3) Shoals would have

to incur between $60 million to $185 million in costs to remediate the wire

shrinkback issue; and (4) Shoals had understated its cost of revenue by

millions of dollars. As a result, defendants' positive statements about the

Company's financial guidance, business, operations, and prospects were

materially false and misleading and/or lacked a reasonable basis at all

relevant times.

WHAT'S NEXT? If you suffered a loss in Shoals Technologies stock during the

relevant time frame - even if you still hold your shares - go to

https://zlk.com/pslra-1/shoals-technologies-lawsuit-submission-form?prid=73251&wire=1

to learn about your rights to seek a recovery. There is no cost or obligation

to participate.

WHY LEVI & KORSINSKY: Over the past 20 years, Levi & Korsinsky LLP has

established itself as a nationally-recognized securities litigation firm that

has secured hundreds of millions of dollars for aggrieved shareholders and

built a track record of winning high-stakes cases. The firm has extensive

expertise representing investors in complex securities litigation and a team

of over 70 employees to serve our clients. For seven years in a row, Levi &

Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as

one of the top securities litigation firms in the United States. Attorney

Advertising. Prior results do not guarantee similar outcomes.

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

Ed Korsinsky, Esq.

33 Whitehall Street, 17th Floor

New York, NY 10004

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

https://zlk.com/

SOURCE: Levi & Korsinsky, LLP

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