These are dark days for 1 SolTech Inc., the company based in the Dallas area that designs, develops and manufactures solar panels and solar modules.

The Texas attorney general’s office recently filed an agreed final judgment and permanent injunction that resolves the state’s legal action against 1SolTech Inc. and its three principals, Sandra “Sandy” Fardi, Hossein “Zak” Fardi and Ali Enrique Razavi, according to a release issued by the agency. Under the agreed judgment, filed in Travis County District court, the defendants are ordered to cease making misrepresentations on the geographical origin and certifications of their solar panels. 1 SolTech will pay $5.8 million in civil penalties and attorney fees, as well as more than $2.7 million in restitution to affected consumers.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]