“I am shocked, shocked to find that swindling is going on in here.”

Washington Free Beacon;

Investors are suing a Biden-backed solar energy company that received a $500 million federal loan last month, claiming the company lied to shareholders about the effectiveness and financial viability of its solar modules.

A Michigan municipal pension fund alleges that executives at First Solar, which is owned by Biden megadonor and Walmart heir Lukas Walton, made “false and misleading statements” to investors and failed to disclose that its solar module was “grossly underperforming and was unable to hit its wattage targets.” Those claims and omissions, the fund alleges, artificially inflated the company’s stock price in 2019 and led to investor losses.

13 Replies to ““I am shocked, shocked to find that swindling is going on in here.””

  1. Meh. The only “Investors” dumb enough to fall for another Solyndra scam are pension fund investors who brag about investing in “ethical” … “socially responsible” stocks … that are working to “save the planet”.

  2. My solar power investment portfolio is making millions.
    We hired crews of illegal native Mexican runners to clean up all the best bat shit remains from stupid birds that dare swarm near these 50000 acres of 400 degree glass baking ovens.

    DR Full of Shit Fachi, has been
    Our best importer, exporter for Chinese Gain-of-fukction, sorry, Functionality for world wide Pandemics &; is making thousands of dollars.
    Contact me @ Gain-of-function bat shit, for more information and prepare to get rich.

  3. Return on investment is half a billion dollars for $400,000 up front in order to Build Back Better in India.

    Democrat voters are morons, they’re as bad as the idiots that vote Liberal.

    And “ethical” investors who believe their crap are the dumbest of all.

  4. “I am shocked, shocked to find that swindling is going on in here.”
     January 14, 2022 KateAlternative

    “Mr Biden, Here’s the money you stole.”
    Biden stuffing cash into his pockets.
    ‘Oh Thank you, thank you, ‘
    “Now we’re going to clean up this corrupt system”