JA Solar Holdings Co., Ltd (JASO)

NEW YORK, January 1, 2019 - The Complaint alleges that JA Solar shareholders were misled into accepting consideration from the Merger that was well below fair value for their JA Solar shares. Specifically, defendants failed to disclose: (1) that the Companys Proxy materials misrepresented and/or omitted material information that was necessary for Company shareholders to make an informed decision concerning whether to vote in favor of the Merger; (2) that contrary to the representations in the Proxy, the Company already had plans to relist its shares in China prior to closing the Merger and its delisting from the NASDAQ; and (3) as a result, the Companys statements about its business, operations, and prospects lacked a reasonable basis.