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Complete Solaria Faces $6.9M Penalty After Lawsuit Loss
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Complete Solaria Faces $6.9M Penalty After Lawsuit Loss

Complete Solaria (CSLR) has released an update.

Siemens successfully sued its solar technology suppliers, Solaria Corporation and SolarCA, for breaching warranties on a solar module system, resulting in a court order for the subsidiaries to pay Siemens around $6.9 million plus attorneys’ fees. The subsidiaries, not accepting defeat, plan to appeal the decision following the final judgment.

For further insights into CSLR stock, check out TipRanks’ Stock Analysis page.

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