Key Takeaways
Pomerantz LLP announced an investigation into JinkoSolar Holding Co. after the solar company’s stock fell 11.89% on news of a $214.5 million loss.
"The investigation concerns whether JinkoSolar and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices," Pomerantz LLP said in a statement.
On April 16, 2026, JinkoSolar's American Depositary Receipts (JKS) fell $2.88 to close at $21.34. The drop followed the company's fourth-quarter 2025 financial report, which included a non-cash impairment charge of more than $200 million that resulted in a GAAP loss of $214.5 million.
The results contradicted more positive statements made by company officers during a November 2025 earnings call. The investigation by Pomerantz seeks to determine if the company misled investors, a common precursor to class-action lawsuits that seek to recover damages for shareholders.
The probe into JinkoSolar is one of several recent shareholder actions, including a similar lawsuit filed against FS KKR Capital Corp. (FSK), showing a trend of legal challenges after sharp stock declines. Pomerantz is actively seeking investors to join a potential class action, with a contact established for those who purchased shares during the period of alleged misinformation. The outcome of this investigation could lead to significant legal and financial consequences for JinkoSolar. Investors will be watching for the filing of a formal lawsuit as the next major step.
This article is for informational purposes only and does not constitute investment advice.
