An investigation on behalf of current long term investors in Sunrun Inc (NASDAQ:RUN) shares over possible breaches of fiduciary duty by certain officers and directors was announced and NASDAQ:RUN stockholders should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 04/16/2018 -- Certain directors of Sunrun Inc are under investigation concerning potential breaches of fiduciary duties.
Investors who are current long term investors in Sunrun Inc (NASDAQ:RUN) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm for investors inNASDAQ:RUN stocks follows a lawsuit filed against Sunrun Inc over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ:RUN stocks, concerns whether certain Sunrun officers and directors are liable in connection with the allegations made in that lawsuit.
The plaintiff alleges that the defendants failed to disclose that the Company was concealing customer cancelations from investors, that the Company engaged in corrupt sales practices, that, as a result of the foregoing, the Company was exposed to potential civil and criminal liability, and that, as a result of the foregoing, Defendants' statements about Sunrun's business, operations, and prospects, were false and misleading and/or lacked a reasonable basis.
On May 3, 2017, it was reported that the U.S. Securities and Exchange Commission is examining whether Sunrun Inc has "adequately disclosed how many customers have canceled contracts after signing up for a home solar-energy system."
Those who purchased shares of Sunrun Inc (NASDAQ:RUN) 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