SolarEdge $55 Million Securities Class Action Settlement

William C. Gendron

Editor in Chief

Published

May 29, 2026 10:17 AM

Updated

May 29, 2026

Who can file a claim?

The settlement includes all persons and entities who purchased or otherwise acquired SolarEdge common stock between Feb. 13 and Oct. 19, 2023, inclusive, and suffered damages as a result.

Additional details

Both individuals and entities can be class members.
Class members must file a separate claim form for each unique account type.
The actual beneficial owner or a legal representative must submit the claim.
Joint owners must each sign the claim form.
Executors, administrators, guardians, conservators and trustees may submit claims on behalf of others and must provide proof of authority.
Representatives filing for multiple class members or for institutional accounts with large numbers of transactions must submit transaction information in an electronic spreadsheet format.

How much can class members receive?

The total settlement fund is $55,000,000. The amount each class member will receive depends on several factors:

The number of valid claims submitted
The dates and prices at which class members bought and sold SolarEdge stock
The total recognized losses of all claimants
Court-approved deductions for attorneys' fees, expenses, notice and administration costs, and taxes

The settlement administrator will distribute payments on a pro rata basis according to the court-approved plan of allocation:

The estimated average recovery is approximately $2.06 per share for the approximately 26.7 million shares of SolarEdge common stock damaged during the class period. After estimated deductions, the average net recovery is approximately $1.49 per share.
Actual payments may be higher or lower depending on individual claims and the total number of valid claims.
The settlement administrator will calculate each class member's payment based on the recognized loss amount assigned to each share.
Recognized loss amounts depend on the amount of artificial inflation in the stock price and purchase and sale timing. The settlement administrator will calculate them using the court-approved plan of allocation.

For shares sold before Aug. 2, 2023, the recognized loss is $0 per share.
For shares sold between Aug. 2, 2023, and Oct. 19, 2023, inclusive, the recognized loss is the per-share artificial inflation on the purchase date minus the per-share artificial inflation on the sale date as set out in the plan of allocation inflation table (pages 6-7 of the settlement notice).
For shares sold between Oct. 20, 2023, and Jan. 17, 2024, inclusive, the recognized loss is the lesser of the per-share artificial inflation on the purchase date or the purchase price minus the 90-day lookback value on the sale date.
For shares held as of the close of trading on Jan. 17, 2024, the recognized loss is the lesser of the per-share artificial inflation on the purchase date or the purchase price minus $81.62, the average closing price during the 90-day lookback period.

The settlement administrator will set any recognized loss that calculates to a negative number to $0.
If total recognized losses exceed the net settlement fund, the settlement administrator will reduce payments on a pro rata basis.
Class members whose payment would be less than $10 will not receive a payout.

How to claim a SolarEdge securities class action settlement payment

Class members may file a claim online or download, print and complete the PDF claim form and mail it to the settlement administrator. The deadline to file a claim is Aug. 17, 2026.

Settlement administrator's mailing address: SolarEdge Technologies Inc. Securities Litigation, c/o Claims Administrator, 1650 Arch St., Suite 2210, Philadelphia, PA 19103

Proof or documentation required to submit a claim

All class members must provide the last four digits of their Social Security number or their full taxpayer identification number. They must also provide holding, purchase, acquisition and sale information, including:

Number of shares held as of the opening of trading on Feb. 13, 2023
Trade dates for purchases, acquisitions and sales from Feb. 13, 2023, through Jan. 17, 2024
Number of shares purchased, acquired or sold
Total purchase, acquisition or sale price
Number of shares held as of the close of trading on Jan. 17, 2024

Class members must also provide documentation to support their transactions in SolarEdge common stock. Acceptable proof includes:

Broker confirmation slips
Broker account statements
Other documentation showing the dates, quantities and prices of purchases and sales

Payout options

Physical check

$55 million settlement fund

The $55,000,000 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: Remainder of the fund

Important dates

Opt-out deadline: Aug. 3, 2026
Deadline to file a claim: Aug. 17, 2026
Settlement hearing: Aug. 24, 2026

When is the SolarEdge securities class action settlement payout date?

The settlement administrator will issue payments after it completes processing and the court resolves any appeals and grants final approval to the settlement.

Why did this class action settlement happen?

The class action lawsuit alleged SolarEdge and certain executives violated federal securities laws by making material misrepresentations and omissions about channel inventory levels and product demand in Europe. The plaintiffs claimed these statements artificially inflated the price of SolarEdge common stock and caused investor losses when corrective information entered the market.

SolarEdge denied all allegations of wrongdoing but agreed to settle to avoid the burden, expense, uncertainty and risk of continued litigation.