Solaris Energy Infrastructure Inc Securities Lawsuit Investigation

Shamis & Gentile P.A., one of the nation's premier class action law firms specializing in securities fraud cases, is investigating potential claims against Solaris Energy Infrastructure Inc (SEI).

If you purchased or held Solaris Energy Infrastructure Inc securities between July 09, 2024 and March 17, 2025, you may be eligible to join this class action lawsuit and seek compensation for your losses.

About Solaris Energy Infrastructure Inc

Solaris Energy Infrastructure Inc (NYSE: SEI) provides equipment used in the completion of oil and natural gas wells in the United States. In 2024, the company announced a major acquisition of Mobile Energy Rentals LLC (MER), a business it described as a “premier provider of distributed power solutions” serving energy and commercial end-markets.

Following the completion of the acquisition in September 2024, Solaris rebranded MER as its “Power Solutions” segment. The company touted MER’s management experience and projected strong growth and profitability from this new business line. Solaris’s shares are publicly traded on the New York Stock Exchange under the ticker SEI.

The Allegations

The securities class action lawsuit alleges that Solaris and certain former senior executives made materially false and misleading statements, as well as failed to disclose important facts about the company’s business and prospects during the class period from July 09, 2024 to March 17, 2025.

Key Points:

• Solaris misrepresented MER’s corporate history, suggesting it had an established track record in the mobile turbine leasing space, when in reality, MER allegedly had little to no verifiable history or operating experience in this market.
• The company claimed MER had a diversified earnings stream, but it is alleged that up to 96% of its revenue came from a single customer.
• Solaris failed to disclose that a co-owner of MER was a convicted felon with a history of turbine-related fraud, raising serious questions about the credibility and risk profile of the acquisition.
• The commercial prospects and synergies of the MER acquisition were overstated, according to the complaint.
• Solaris is accused of inflating its profitability metrics by failing to properly depreciate turbine assets, using a 25-year useful life assumption that was significantly longer than industry norms.
• When these facts came to light—especially following the publication of an investigative report on March 17, 2025—Solaris’s stock price dropped sharply, falling $4.15 per share, or approximately 16.9%, on unusually high trading volume.

The lawsuit asserts violations of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and seeks to recover damages for investors who suffered losses when the truth was revealed.

Important Dates

• Class period: July 09, 2024 to March 17, 2025
• Lead plaintiff deadline: May 27, 2025
• Complaint filed: March 28, 2025

Your Rights and Next Steps

If you purchased or otherwise acquired Solaris Energy Infrastructure Inc securities during the class period and suffered financial losses, you have important legal rights. You may be eligible to join the class action lawsuit as a class member.

To become a lead plaintiff—the investor who acts on behalf of other class members—you must file a motion with the court by May 27, 2025. The lead plaintiff typically works closely with the lawyers to direct the litigation, but you do not need to be a lead plaintiff to receive a potential recovery. All eligible investors are automatically included in the class unless they choose to opt out.

Lawyers are ready to help you understand your options, answer your questions, and guide you through the process. Even if you are unsure about your eligibility, you can still submit your information to receive a free, confidential evaluation.

You May Be Entitled to Compensation

If you suffered losses as a result of purchasing Solaris Energy Infrastructure Inc securities during the class period, you may be entitled to compensation through this lawsuit. Lawyers are ready to help you determine your eligibility and explain the next steps.

To get started, complete the below form to join the lawsuit and protect your rights as an investor.