Company Website:
http://www.rosenlegal.com/cases-875.html
NEW YORK -- (Business Wire)
Rosen Law Firm, a global investor rights law firm, announces that a
class action lawsuit on behalf of Vivint Solar, Inc. securities
(NYSE:VSLR) from July 20, 2015 through March 7, 2016, both dates
inclusive (the “Class Period”). The lawsuit seeks to recover damages
from certain SunEdison’s directors and officers for Vivint investors
under the federal securities laws. Vivint is not being sued in this case.
To join the Vivint class action, go to the firm’s website at http://www.rosenlegal.com/cases-875.html
or call Phillip Kim, Esq. toll free at 866-767-3653 or email pkim@rosenlegal.com
for more information on the class action.
NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS
CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU
MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. YOU
MAY RETAIN COUNSEL OF YOUR CHOICE.
According to the lawsuit, defendants issued false and misleading
statements to investors and/or failed to disclose that: (1) SunEdison
would be unable to obtain financing for the acquisition of Vivint; (2)
SunEdison’s liquidity was less than Defendants had stated; (3) SunEdison
would not be able to complete the acquisition of Vivint; and (4) as a
result, Defendants’ statements about the merger between SunEdison and
Vivint were materially false and misleading and/or lacked a reasonable
basis at all relevant times. When the true details entered the market,
the lawsuit claims that investors suffered damages.
A class action lawsuit has already been filed. If you wish to serve as
lead plaintiff, you must move the Court no later than July 5, 2016. A
lead plaintiff is a representative party acting on behalf of other class
members in directing the litigation. If you wish to join the litigation,
go to the firm’s website at http://www.rosenlegal.com/cases-875.html
for more information. You may also contact Phillip Kim, Esq. of Rosen
Law Firm toll free at 866-767-3653 or via email at pkim@rosenlegal.com.
Rosen Law Firm represents investors throughout the globe, concentrating
its practice in securities class actions and shareholder derivative
litigation.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160504006629/en/
Contacts:
The Rosen Law Firm, P.A.
Laurence Rosen, Esq.
Phillip Kim, Esq.
275
Madison Avenue, 34th Floor
New York, NY 10016
Tel:
(212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
www.rosenlegal.com
Source: The Rosen Law Firm, P.A.
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