Vietnam & First Solar

Vietnam: First Solar's production facilities in Vietnam were subject to U.S. tariffs and experienced intentional underutilization, impacting the company's projected performance.

First Solar: First Solar is the defendant in multiple class action lawsuits alleging that it made false and misleading statements regarding its capacity to manage the impact of U.S. tariff policy and the negative effects of its responses to these policies on its projected performance. Its stock price fell significantly following downgrades and missed earnings expectations.

Vietnam: Vietnam is another country with First Solar production facilities. Tariffs and underutilization of these facilities are central to the allegations.

First Solar: First Solar is the defendant in the securities class action, accused of misleading investors about tariff impacts and production relocation. The company's stock fell sharply after downgrades and weak earnings, and it faces potential financial liability and reputational harm.