Array Technologies, Inc. (NASDAQ: ARRY)

This investigation is for anyone who acquired securities in Array Technologies, Inc. (NASDAQ: ARRY) prior to March 15, 2023.

The Law Offices of Howard G. Smith believes that the Company and certain of its executives violated federal law. Specifically, the Law Offices of Howard G. Smith believes that the Company misled investors regarding its financial condition. More specifically, the Law Offices of Howard G. Smith believes that the Company misled investors by telling investors that the Company had in place sufficient controls to prevent improper accounting but then by announcing that it could not timely file its latest financial statements because it needed time to correct errors on past financial statements.

On March 15, 2023, Array announced that it would be unable to file its 2022 Annual Report within the 15-day extension period given after its previously filed Notification of Late Filing. The Company explained that it “required additional time to complete its Annual Report” because, among other issues, it required additional time to “correct errors in the unaudited condensed consolidated financial statements as of and for the quarter and year-to-date periods ended March 31, 2022, June 30, 2022 and September 30, 2022.” On this news, the price of the Company’s stock dropped precipitously on unusually heavy trading volume.

The Law Offices of Howard G. Smith seeks to recover damages on behalf of class members. If you acquired securities in Array Technologies, Inc. (NASDAQ: ARRY) prior to March 15, 2023 you may join the lawsuit by submitting your information online, or you may call the Law Offices of Howard G. Smith and speak to Mr. Smith directly to learn how he can protect your rights.