If you purchased or otherwise acquired SolarEdge Technologies Inc. common stock between Feb. 13, 2023, and Oct. 19, 2023, you may be eligible to receive a cash payment from a $55 million securities class action settlement.
The settlement resolves claims that SolarEdge and certain former executives allegedly made misleading statements or failed to disclose important information about channel inventory levels and product demand in Europe, which plaintiffs claim affected the value of SolarEdge stock.
Eligible investors must submit a claim form to receive a payment.
Why Did This Lawsuit Happen?
A securities class action lawsuit was filed against SolarEdge Technologies Inc. and certain former officers and executives.
The lawsuit alleged that the defendants violated federal securities laws by making material misrepresentations and omissions regarding:
SolarEdge product channel inventory levels
Product demand in Europe
Plaintiffs claimed these statements allegedly caused SolarEdge common stock to trade at artificially inflated prices and resulted in losses for investors when corrective information entered the market.
SolarEdge denied all allegations of wrongdoing. The company agreed to settle the case to avoid the costs, risks, and uncertainty of continued litigation.
Who Qualifies for the Settlement?
You may be eligible if you:
✔️ Purchased or otherwise acquired SolarEdge Technologies Inc. common stock
✔️ Purchased the stock between Feb. 13, 2023, and Oct. 19, 2023 (inclusive)
✔️ Were allegedly damaged as a result of those transactions
Both individual investors and entities may be included.
If you qualify, you must submit a valid claim form to receive a settlement payment.
How Much Can Investors Receive?
SolarEdge has agreed to pay:
$55,000,000 into a settlement fund
The amount each investor receives depends on several factors, including:
The number of valid claims submitted
When shares were purchased and sold
The investor’s recognized loss amount
Court-approved deductions from the settlement fund
The estimated average recovery is:
Approximately $2.06 per damaged share
After estimated deductions, the estimated average net recovery is:
Approximately $1.49 per damaged share
Actual payments may be higher or lower depending on individual claims and the total number of valid claims submitted.
Payments will be distributed on a pro rata basis according to the court-approved plan of allocation.
What Information Do I Need to File a Claim?
To submit a claim, investors may need to provide:
The last four digits of their Social Security number or full taxpayer identification number
Number of shares held as of the opening of trading on Feb. 13, 2023
Purchase, acquisition, and sale dates from Feb. 13, 2023, through Jan. 17, 2024
Number of shares purchased, acquired, or sold
Purchase, acquisition, or sale prices
Number of shares held as of the close of trading on Jan. 17, 2024
Investors should also provide supporting transaction documents, such as:
Broker confirmation slips
Broker account statements
Other records showing transaction dates, quantities, and prices
How to File a SolarEdge Settlement Claim?
To receive a payment, eligible investors must submit a claim form.
You can file:
Online through the settlement website, or
By downloading, completing, and mailing the claim form to the settlement administrator
The claim deadline is:
Aug. 17, 2026
Settlement administrator mailing address:
SolarEdge Technologies Inc. Securities Litigation
c/o Claims Administrator
1650 Arch St., Suite 2210
Philadelphia, PA 19103
Your Settlement Options
| Option | What It Means | Deadline |
|---|---|---|
| Submit a claim | File a valid claim form to receive a settlement payment if eligible. | Aug. 17, 2026 |
| Exclude yourself | Remove yourself from the settlement. You will not receive a payment but will not be bound by the settlement. | Aug. 3, 2026 |
| Object to the settlement | Tell the court why you disagree with the proposed settlement, allocation plan, or attorneys’ fees request. | Aug. 3, 2026 |
| Attend the hearing | Attend the settlement hearing and, if permitted, speak about your objection. | Aug. 24, 2026 |
| Do nothing | Receive no payment and give up the right to bring your own individual action related to these claims. | No action |
Payments will be issued after the court grants final approval and any appeals are resolved.
Settlement Fund Breakdown
The $55 million settlement fund includes:
Notice and administration expenses: Up to $500,000
Attorneys’ fees: Up to $13,750,000
Attorneys’ expenses: Up to $750,000
Service awards to plaintiffs: Up to $230,000 total
Payments to eligible class members: Remaining funds
If you purchased SolarEdge Technologies Inc. common stock during the class period, you may be eligible for a portion of this settlement.
