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NEW YORK, July 10, 2021 /PRNewswire/ — Pomerantz LLP announces that a class action lawsuit has been filed against Array Technologies, Inc. f/k/a ATI Intermediate Holdings, LLC (“Array” or the “Company”) (NASDAQ: ARRY) and certain of its officers and directors. The class action, filed in the United States District Court for the Southern District of New York, and docketed under 21-cv-05658, is on behalf of: (a) all persons and entities other than Defendants that purchased or otherwise acquired Array securities between October 14, 2020 and May 11, 2021, inclusive (the “Class Period”), against Array and the Company’s Chief Executive Officer and Chief Financial Officer, for violations of the Securities Exchange Act of 1934 (the “Exchange Act”) and SEC Rule 10b-5 promulgated thereunder; and (b) all persons and entities that purchased or otherwise acquired Array common stock pursuant, or traceable, or both, to: (i) the registration statement and prospectus (the “IPO Materials”) issued in connection with the Company’s October 2020 initial public offering (the “IPO”); or (ii) the registration statement and prospectus (the “December 2020 SPO Materials”) issued in connection with the Company’s December 2020 offering (the “December 2020 SPO”); or (iii) the registration statement and prospectus (the “March 2021 SPO Materials”) issued in connection with the Company’s March 2021 offering (the “March 2021 SPO”); or (iv) any combination of the IPO, December 2020 SPO, or March 2021 SPO (collectively, the “Offerings”) against, among others, certain of the Company’s officers and directors, for violations of Sections 11 and 15 of the Securities Act of 1933 (the “Securities Act”).
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