Item 8.01. Other Events
On January 6, 2020, First Solar, Inc. ("First Solar") issued a press release
announcing that it has entered into a Memorandum of Understanding to settle the
previously disclosed class action litigation filed in the United States District
Court for the District of Arizona titled Smilovits v. First Solar, Inc., et al,
No. 2:12-cv-00555-DGC. The press release is attached as Exhibit 99.1 to this
Current Report on Form 8-K and is incorporated herein by reference.
Forward-Looking Statements
This Current Report on Form-K and Exhibit 99.1 hereto contain forward-looking
statements which are made pursuant to safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. These forward-looking statements
include, but are not limited to, statements concerning First Solar's reaching an
agreement to settle the previously disclosed class action litigation filed in
the United States District Court for the District of Arizona titled Smilovits v.
First Solar, Inc., et al., No. 2:12-cv-00555-DGC. These forward-looking
statements are often characterized by the use of words such as "estimate,"
"expect," "anticipate," "project," "plan," "intend," "seek," "believe,"
"forecast," "foresee," "likely," "may," "should," "goal," "target," "might,"
"will," "could," "predict," "continue" and the negative or plural of these words
and other comparable terminology. Forward-looking statements are only
predictions based on our current expectations and our projections about future
events and therefore speak only as of the date of this communication. You should
not place undue reliance on these forward-looking statements. We undertake no
obligation to update any of these forward-looking statements for any reason,
whether as a result of new information, future developments or otherwise. These
forward-looking statements involve known and unknown risks, uncertainties, and
other factors that may cause our actual results, levels of activity,
performance, or achievements to differ materially from those expressed or
implied by these statements. These factors include, but are not limited to, the
matters discussed under the captions "Risk Factors" and "Management's Discussion
and Analysis of Financial Conditions and Results of Operations" of our most
recent Annual Report on Form 10-K and our subsequently filed Quarterly Reports
on Form 10-Q, as supplemented by our other filings with the Securities and
Exchange Commission.
Item 9.01. Financial Statements and Exhibits
(d) Exhibits.
Exhibit Number Description
99.1 Press Release of First Solar, Inc. dated January 6, 2020
104 Cover Page Interactive Data File (embedded within the Inline XBRL
Document)
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