Shareholders Foundation, Inc.

Investigation for Shareholders Who Purchased Sunedison Inc (NYSE:SUNE) Preferred Stock on August 15, 2015

An investigation for shareholders who purchased shares of (NYSE:SUNE) preferred stock on August 15, 2015 in the Company’s Secondary Offering was announced and those NYSE:SUNE stockholders should contact the Shareholders Foundation.

 

San Diego, CA -- (SBWIRE) -- 12/15/2015 -- An investigation for shareholders in Sunedison Inc preferred stock on August 15, 2015 in the Company's Secondary Offering over potential securities laws violations by Sunedison Inc was announced.

Investors who purchased shares of Sunedison Inc (NYSE:SUNE) preferred stock on August 15, 2015 in the Company's Secondary Offering have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call 858-779-1554.

The investigation by a law firm focuses on possible claims on behalf of purchasers of shares of Sunedison Inc (NYSE:SUNE) preferred stock on August 15, 2015 in the Company's Secondary Offering concerning whether certain statements made in the Company's Secondary Offering were materially false and misleading at the time they were made.

On August 15, 2015, Sunedison Inc issued 650,000 shares of 6.75% Series A Perpetual Convertible Preferred Stock at a price of $1,000 per share.

On November 10, 2015, Sunedison Inc reported third-quarter results before the market open. Sunedison Inc cut its full-year guidance for unlevered annualized cash available for distribution ("CAFD) for retained megawatts ("MW") to $261-$271 million from $275-$325 million. Shares of Sunedison Inc (NYSE:SUNE) declined to as low as $2.81 per share on November 17, 2015.

Those who purchased shares of Sunedison Inc (NYSE:SUNE) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com