T1 Energy (TE) Falls Over 18% After Disclosing SEC Probe; Contact Block & Leviton to Discuss Recovery Options
Key Highlights
- ➤T1 disclosed an SEC investigation into Section 45X eligibility and accounting matters
- ➤T1 shares fell 18.8%, from $1.97 to an intraday low of $1.60
- ➤T1 generated $155.3 million in Section 45X credits through September 30, 2026
- ➤G2_Austin Phase 1 spending rose to $510 million from $425 million
- ➤First production target moved from year-end 2026 to the first quarter of 2027
BOSTON, Nov. 13, 2026 (GLOBE NEWSWIRE) -- Block & Leviton is investigating T1 Energy Inc. (NYSE: TE) for potential securities law violations. Investors who have lost money in their T1 Energy investment should contact the firm to learn more about how they might recover those losses. For more details, visit https://blockleviton.com/cases/te.
After the market closed on November 12, T1 disclosed in its Form 10-Q that the U.S. Securities and Exchange Commission (SEC) had notified it in September of an investigation into its public disclosures about Section 45X tax credit eligibility and certain other accounting matters. On November 13, T1 shares fell as much as 18.8%, from $1.97 at the prior close to an intraday low of $1.60.
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