JA Solar Provides Statement on Lee R. Ellenburg III Class Action Suit
(Nasdaq: JASO) has learned of a class action complaint filed in the Southern
District of
other class action plaintiffs, alleging violations by JA Solar of the U.S.
federal securities laws. JA Solar believes such claims to be groundless and
without merit and will take necessary actions in due course to vigorously
defend against the Class Action.
About JA Solar Holdings Co., Ltd.
Based in
fast-growing manufacturer of high-performance solar cells. The Company sells
its products to solar module manufacturers who assemble and integrate its
solar cells into modules and systems that convert sunlight into electricity.
For more information, please visit http://www.jasolar.com.
Safe Harbor Statement
This press release contains forward-looking statements within the meaning
of the Private Securities Litigation Reform Act of 1995, including statements
regarding JA Solar’s future course of action in response to the Class Action.
These statements are neither promises nor guarantees, and involve risks and
uncertainties that could cause actual results to differ materially from such
forward-looking statements, including, among others, risks associated with the
company’s ability to successfully manufacture and sell its products; changes
and uncertainties related to applicable laws and regulations, risks from
various economic factors such as fluctuations in currency exchange rates and
other risks and uncertainties identified in the company’s filings with the
Securities and Exchange Commission. The company disclaims any obligation to
publicly update or revise any such statements to reflect any change in company
expectations, or in events, conditions or circumstances on which any such
statements may be based, or that may affect the likelihood that actual results
will differ from those set forth in the forward-looking statements.
SOURCE JA Solar Holdings Co., Ltd.