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ARRY.US
id: 636

Array Technologies (ARRY) Misconduct Case

  • Array postponed the release of Q4 and 2022 financial results .

  • $ARRY price fell 6.46%, damaging Investors.

  • Investors suspect Array & its officers and/or directors of engaging in unlawful business practices.

On March 15, 2023, Array Technologies (ARRY) announced it would be unable to file its Annual Report within the 15-day extension period, as it requires additional time to complete the Annual Report.  

Earlier, Array had postponed the release of its Q4 and full-year financial results and conference call initially scheduled for March 6, 2023, to allow additional time to complete its year-end closing procedures.

On this news, the $ARRY price fell 6.46%, damaging Investors.

Considering appeared situation, Investors may have reasons to suspect Array and certain of its officers and/or directors of engaging in securities fraud or other unlawful business practices.

Case Status
Inactive Investigation
Alleged Offence
Mismanagement, 
Misleading Statements, 
Financial Misrepresentation, 
Fraud, 
Failure to Disclose, 
Malpractice, 
Negligence, 
Breach of Fiduciary duty, 
Omissions
Suspected Party
Directors, 
Management, 
Service Provider
Security Type
Stocks
Trade Direction
Long
Shock Event Date
03/15/2023