The Newsroom

Investigations  /  01.02.2019

Shareholder Investigation of JA Solar

JA Solar Holdings Co., Ltd. (Formerly JASO) Accused of Depressing Stock Value Before Going Private

According to the complaintĀ against the company’s officers and directors for alleged violations of the Securities Exchange Act of 1934 between December 11, 2017 and July 16, 2018, JA Solar engaged in a scheme to deceive the market and artificially deflate the price of its stock by failing to disclose relevant facts. On November 17, 2017, JA Solar entered into an agreement and plan of merger. The Proposed Transaction implied a total equity value for JA Solar of $362.1 million. The merger was approved by shareholder vote on March 12, 2018, and closed on July 16, 2018. A mere three days later, it was revealed that JA Solar would be acquired by Tianye Tonglian in a reverse merger, allowing JA Solar to return to the stock market by relisting on the Shenzhen Stock Exchange at a multiple. JA Solar failed to disclose that it had plans to relist its shares in China prior to closing the transaction and delisting from the NASDAQ. As a result, shareholders unknowingly, and to their detriment, sold their shares at a depressed price.

Former JA Solar Holdings Co., Ltd. (Formerly JASO) Shareholders Have Legal Options

Concerned shareholders who would like more information about their rights and potential remedies can please send us a message via the Shareholder InformationĀ form below.

Shareholder Information

  • Please Note: Neither the submission to nor the receipt of information by Robbins Arroyo LLP or one of its attorneys through this website constitutes an agreement by our firm to represent the individual and does not create an attorney-client relationship. Please do not send confidential or sensitive information through this website. This information should be communicated through a direct contact with an individual at the firm.

Please Note: Neither the submission to nor the receipt of information by Robbins Arroyo LLP or one of its attorneys through this website constitutes an agreement by our firm to represent the individual and does not create an attorney-client relationship. Please do not send confidential or sensitive information through this website. This information should be communicated through a direct contact with an individual at the firm.

How can we help you?

CONTACT US TODAY | 1-800-350-6003 or info@robbinsarroyo.com

Tell us your concerns