The federal search warrant impacted JinkoSolar stocks. The stock price fell to $3.91 per share, or 8.25% the same day federal investigators searched both locations.
Law firms like Bronstein, Gewirtzx and Grossman, which operate in New York and California, are asking JinkoSolar shareholders for any information they may have related to the investigation or the purchase of JinkoSolar shares. The law firms say they represent investors in security fraud class action and shareholders derivative suits.
News4JAX can confirm federal investigators did remove several boxes containing unidentified paperwork and information related to the federal search warrant. It’s still unclear if JinkoSolar violated any federal laws.Copyright 2023 by WJXT News4JAX - All rights reserved.