The lawsuit claims that management misled shareholders and is responsible for losses incurred when its US-listed shares fell in the wake of protests over the chemical spill and subsequent closure of the factory in mid-September.

The suit has been filed by law firms Zamansky & Associates and Sianni & Straite on behalf of Marco Peters and other investors against JinkoSolar Holding and Credit Suisse Securities, which underwrote Jinko’s May 13 initial public offering of shares (IPO) on the New York Stock Exchange.