
Lawsuit alleges Tigo Energy, Inc. made misleading statements to investors from February 24, 2026 to August 4, 2026; lead plaintiff motions are due November 23, 2026
LOS ANGELES, Oct. 19, 2026 /PRNewswire/ -- The Law Offices of Frank R. Cruz today announced a class action lawsuit against Tigo Energy, Inc. ("Tigo" or the "Company") (NASDAQ: TYGO) on behalf of investors who acquired the Company's securities from February 24, 2026 to August 4, 2026. Filed on September 24, 2026, the case is Shim v. Tigo Energy et al., U.S. District Court for the Northern District of California, Case No. 26-cv-10888.
If you lost money on Tigo Energy, Inc. securities, submit your Tigo Energy, Inc. loss information by November 23, 2026 to learn about participating in the lawsuit.
Tigo Energy, Inc. class action timeline
- Class period begins: February 24, 2026
- Class period ends: August 4, 2026
- Complaint filed: September 24, 2026
- Lead plaintiff motion deadline: November 23, 2026
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 Tigo Energy, Inc. lawsuit about?
The Tigo Energy, Inc. securities lawsuit alleges that, between February 24, 2026 and August 4, 2026, defendants made materially false and/or misleading statements and failed to disclose material adverse facts about Tigo Energy, Inc.'s business, operations, and prospects. Specifically, the complaint alleges defendants failed to disclose 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' positive statements about Tigo Energy, Inc.'s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
"According to the complaint filed against Tigo Energy, Inc., the Company, among other things, did not disclose that Tigo's revenue projections were based on the launch of its EG4 partnership and attendant revenue. The November 23, 2026 deadline is a key date for Tigo Energy, Inc. investors who want a voice in how this case moves forward," said Frank R. Cruz of The Law Offices of Frank R. Cruz.
What should Tigo Energy, Inc. investors do now?
The Law Offices of Frank R. Cruz can help Tigo Energy, Inc. investors evaluate potential claims to recover their losses.
Investors who want to serve as lead plaintiff in the Tigo Energy, Inc. class action must file a motion with the Court by November 23, 2026. For more information, visit the Tigo Energy, Inc. case page, email [email protected], or call 310-914-5007.
If you inquire by email, please include your mailing address, telephone number, and number of shares purchased.
Investors may retain counsel of their choice. Tigo Energy, Inc. investors who bought during the class period may also take no action and remain absent class members. No class has been certified yet in the Tigo Energy, Inc. case.
Questions and answers about the Tigo Energy, Inc. lawsuit
Who is eligible? Investors who bought Tigo Energy, Inc. securities between February 24, 2026 and August 4, 2026 and lost money may be class members, and may seek lead plaintiff appointment by November 23, 2026.
What does a lead plaintiff do? The lead plaintiff is appointed by the court to represent all class members and direct the Tigo Energy, Inc. class action.
Must I be lead plaintiff to share in a recovery? No, Tigo Energy, Inc. investors can take no action and remain absent class members.
How are attorneys' fees handled? The Law Offices of Frank R. Cruz works on contingency, so investors pay no attorneys' fees unless there is a recovery, and any fees require court approval.
About The Law Offices of Frank R. Cruz
The Law Offices of Frank R. Cruz investigates and prosecutes securities fraud and corporate malfeasance class actions. With nearly 20 years of litigation experience, the firm focuses on complex securities class actions and gives each client personal, one-on-one attention throughout the legal process.
Prior results do not guarantee a similar outcome.
Related links
- Tigo Energy, Inc. case page, The Law Offices of Frank R. Cruz
- Complaint: Shim v. Tigo Energy et al., U.S. District Court for the Northern District of California
- press release
- Tigo Energy, Inc. SEC filings index, EDGAR
- The Law Offices of Frank R. Cruz
Follow The Law Offices of Frank R. Cruz for updates on Twitter: twitter.com/FRC_LAW
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
SOURCE The Law Offices of Frank R. Cruz, Los Angeles
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