Law Offices of Howard G. Smith announces that a class action lawsuit has been filed on behalf of investors who purchased Tigo Energy, Inc. (“Tigo” or the “Company”) (NASDAQ: TYGO) common stock between February 24, 2026 and August 4, 2026, inclusive (the “Class Period”). Tigo Energy, Inc. investors have until November 23, 2026 to file a lead plaintiff motion.
IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN TIGO ENERGY, INC. (TYGO), CONTACT THE LAW OFFICES OF HOWARD G. SMITH TO PARTICIPATE IN THE ONGOING SECURITIES FRAUD LAWSUIT.
Contact the Law Offices of Howard G. Smith to discuss your legal rights by email at howardsmith@howardsmithlaw.com, by telephone at (215) 638-4847 or visit our website at www.howardsmithlaw.com.
What Happened?
On August 4, 2026, Tigo announced second quarter 2026 financial results, including that the Company was cutting income projections for 2026 by approximately 20.8% at the midpoint, citing major delays in the execution of the partnership with EG4 Electronics. The Company further revealed that it did not expect to see volume shipments pursuant to the agreement ramp up until the fourth quarter of 2026.
On this news, Tigo stock fell $0.75 per share or 36.76%, to close at $1.29 per share on August 5, 2026, thereby injuring investors.
What Is The Lawsuit About?
The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) Tigo’s revenue projections were based on the launch of its EG4 partnership and attendant revenue; (2) however, the EG4 partnership would not provide material revenue until Q4 2026 at the earliest; (3) therefore, there was no basis for the projections; and (4) as a result, defendants’ statements about Tigo’s business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.
Contact Us To Participate or Learn More:
If you purchased Tigo Energy, Inc. common stock, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us:
Law Offices of Howard G. Smith
3070 Bristol Pike, Suite 112
Bensalem, Pennsylvania 19020
Telephone: (215) 638-4847
Email: howardsmith@howardsmithlaw.com
Visit our website at: www.howardsmithlaw.com.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260930682024/en/
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