>Canadian Solar
Date Filed: June 2, 2010
Court: U.S. District Court
Location: California
Ticker Symbol: CSIQ

Hagens Berman Sobol Shapiro LLP (www.hbsslaw.com) today announced it is investigating Canadian Solar (NASDAQ:CSIQ) for potentially misrepresenting financial information to shareholders following the delay of first quarter earnings as a result of a Securities and Exchange Commission investigation into 2009 company sales.

The SEC issued a subpoena to Canadian Solar that launched the investigation which is leading analysts to question why the global manufacturer’s customers returned shipped goods. The announcement of the investigation prompted a decline in company stock during after-hours trading on Tuesday, June 1, 2010.

Investors who purchased shares of Canadian Solar common stock between October 13, 2009 and June 1, 2010 may contact our firm about our investigation or provide information concerning this investigation. Contact counsel, Reed Kathrein of Hagens Berman at 510-725-3000 or via e-mail at csiq@hbsslaw.com.

UPDATE:

June 24, 2010 - Hagens Berman filed a new class-action lawsuit on behalf of shareholders against Canadian Solar, Inc. (NASDAQ: CSIQ) in California. The lawsuit identified new claims and new classes based on an independent investigation undertaken by the law firm.

Click here to review the complaint, or read our announcement highlighting the new claims.




Key Attorneys

Reed R. Kathrein

Mr. Kathrein is the managing partner of the Berkeley office of Hagens Berman. After eleven years defendi...   link >>


        

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