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Nextpower controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

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  1. 2026

    Investor class-action complaint dismissed

    A proposed investor class action against Nextpower and several executives alleged that adverse facts about the company’s business and operations had not been disclosed. The federal court dismissed the complaint, finding that the plaintiffs had not adequately demonstrated that the challenged statements were false or misleading.

    Source

  2. 2021

    Solar FlexRack and Nextracker settle patent lawsuit

    Settlement

    Solar FlexRack announced that it had settled a lawsuit brought against it and Northern States Metals by Nextracker. Solar FlexRack also agreed to dismiss its patent-invalidity claims; Northern States Metals denied infringement, and the settlement involved nominal payments. The settlement is not a determination that infringement occurred.

    Company response

    • Denial — Northern States Metals

      Northern States Metals and Nextracker entered into a confidential settlement agreement, but NSM denies that it ever infringed upon any of Nextracker's patent rights.

    Source excerpt

    • In settling the lawsuit, Solar FlexRack has also agreed to dismiss its claims filed with the United States Patent and Trademark Office to invalidate certain of the patent rights of Nextracker which were the subject of the suit.
    • The settlement agreement provides for only nominal payments by NSM, which NSM agreed to pay in order to avoid a protracted legal process.
    • Solar FlexRack™, the solar division of Northern States Metals (NSM) and an innovative leader in photovoltaic mounting and solar tracker solutions, announced that it has settled the lawsuit brought against it and Northern States Metals by Nextracker.
    Source