Sunrun Inc (NASDAQ:RUN) Shareholder Notice: Lawsuit Alleges Securities Laws Violations
A lawsuit was filed on behalf of investors in Sunrun Inc (NASDAQ:RUN) shares over alleged securities laws violations.
San Diego, CA -- (SBWire) -- 06/02/2017 --An investor, who purchased shares of Sunrun Inc (NASDAQ:RUN), filed a lawsuit over alleged violations of Federal Securities Laws by Sunrun Inc.
Investors who purchased shares of Sunrun Inc (NASDAQ:RUN) should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call 858-779-1554.
The plaintiff claims that between September 10, 2015, and May 3, 2017 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." Shares of Sunrun Inc (NASDAQ:RUN) declined on May 4, 2017 to $4.59 per share.
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
Media Relations Contact
Michael Daniels
General Manager
Shareholders Foundation
858-779-1554
http://www.ShareholdersFoundation.com
View this press release online at: http://rwire.com/815103