Vivint Solar, Inc.
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Zhang Investor Law announces a class action lawsuit on behalf of shareholders who bought shares of Vivint Solar, Inc. (NYSE: VSLR) from March 5, 2019 through September 26, 2019 (the “Class Period”). The lawsuit seeks to recover damages for Vivint Solar, Inc. investors under the federal securities laws.
If you bought Vivint Solar, Inc. securities between March 5, 2019 through September 26, 2019, and would like to join the action, please click “Join This Class Action,” above.
SHAREHOLDER ALERT: Zhang Investor Law Announces a Securities Class Action Lawsuit Against Vivint Solar, Inc. – VSLR
New York, N.Y., October 25, 2019. Zhang Investor Law announces a class action lawsuit on behalf of shareholders who bought shares of Vivint Solar, Inc. (NYSE:VSLR) between March 5, 2019 and September 26, 2019, inclusive (the “Class Period”). To join the VSLR class action, go to http://zhanginvestorlaw.com/cases/vivint-solar-inc/ call Sophie Zhang, Esq. toll-free at 800-991-3756 or email firstname.lastname@example.org for 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 RETAIN COUNSEL OF YOUR CHOICE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. YOU NEED NOT BE A LEAD PLAINTIFF TO OBTAIN A RECOVERY.
According to the lawsuit, throughout the Class Period: (1) the Company engaged in fraudulent practices, including forging customer contracts; (2) as a result, the Company’s reported sales and megawatts installed were overstated; (3) these practices were reasonably likely to lead to regulatory scrutiny: (4) as a result, the Company’s earnings would be materially and adversely impacted; and (5) as a result, Vivint’s public statements were materially false and misleading 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 December 10, 2019. 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 http://zhanginvestorlaw.com/cases/vivint-solar-inc/ or to discuss your rights or interests regarding this class action, please contact Sophie Zhang, Esq. of Zhang Investor Law toll free at 800-991-3756 or via e-mail at email@example.com.
Zhang Investor Law represents investors worldwide.