NEW YORK, May 10, 2023 (GLOBE NEWSWIRE) -- Kaplan Fox & Kilsheimer LLP (www.kaplanfox.com) is investigating claims on behalf of investors of JinkoSolar Holding Co., Ltd. (“JinkoSolar” or the “Company”) (NYSE: JKS). Click Here to Join Investigation.
If you acquired JinkoSolar securities and would like to discuss our investigation, please click here or contact us by emailing pmayer@kaplanfox.com or by calling (646) 315-9003.
On May 9, 2023, News4jax and the Jacksonville Daily Record reported that on May 8, 2023 law enforcement agency vehicles were seen at the JinkoSolar solar panel manufacturing plant in Jacksonville, Florida. The Jacksonville Daily Record reported that “[a]ccording to the Federal Bureau of Investigation, federal agents were assisting the Department of Homeland Security with the execution of a search warrant.” Reportedly, according to News4Jax, JinkoSolar is one of several companies under investigation by the Commerce Department for circumventing trade rules by sending products to other countries before moving them to the U.S.
On May 9, 2023, JinkoSolar shares fell $3.91 per American Depositary Receipt (“ADR”), or 8.25%, to close at $43.47 per ADR.
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If you have any questions about this investigation, please contact:
Pamela A. Mayer
KAPLAN FOX & KILSHEIMER LLP
800 Third Avenue, 38th Floor
New York, New York 10022
(646) 315-9003
E-mail: pmayer@kaplanfox.com
Laurence D. King
KAPLAN FOX & KILSHEIMER LLP
1999 Harrison Street, Suite 1560
Oakland, California 94612
(415) 772-4704
Fax: (415) 772-4707
E-mail: lking@kaplanfox.com