San Diego, CA -- (SBWIRE) -- 11/17/2014 -- An investigation on behalf of investors of Vivint Solar Inc (NYSE:VSLR) shares over potential securities laws violations by Vivint Solar and certain of its directors and officers in connection certain financial statements was announced.

Investors who purchased shares of Vivint Solar Inc (NYSE:VSLR) 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 focuses on possible claims on behalf of purchasers of the securities of Vivint Solar Inc (NYSE:VSLR) concerning whether a series of statements by Vivint Solar regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

Vivint Solar Inc reported that its annual Total Revenue rose from $0.45 million in 2012 to $6.17 million in 2013 and that its Net Loss of $14.28 million in 2012 turned into a Net Income of $4.04 million in 2013. For the first quarter in 2014 Vivint Solar Inc reported that its first quarter Revenue rose from $0.59 million in 2013 to $3.51 million in 2014 and that its first quarter Net Loss of $8.66 million in 2013 turned into a first quarter Net Incoem in 2014 of $11.84 million. For the second quarter 2014 Vivint Solar Inc reported that its second quarter Revenue rose from $1.33 million in 2013 ro $6.56 million in 2014 and that its second quarter Net Loss of $11.78 million in 2013 turned into a second quarter Net Income of $0.70 million in 2014.

On September 30, 2014, Vivint Solar Inc announced the pricing of its initial public offering at $16.00 per sahare.

Then on November 10, 2014, Vivint Solar Inc announced its third quarter 2014 financial results. While Vivint Solar Inc reported that its third quarter Revenue rose from $2.27 million in 2013 to $8.33 million in 2014 its third quarter Net Loss increased from $14.99 million in 2013 to $51.69 million in 2014. Vivint Solar Inc also issued its guidance for the fourth quarter in 2014. Shares of Vivint Solar Inc (NYSE:VSLR) declined to as low as $11.18 per share on November 11, 2014.

On November 13, 2014, NYSE:VSLR shares closed at $11.70 per share.

Those who purchased shares of Vivint Solar Inc (NYSE:VSLR) 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