Lundin Law PC announces it is investigating claims against TerraForm
Global Inc. (“TerraForm” or the “Company”) (Nasdaq: GLBL) concerning
possible violations of federal securities laws. The investigation is
related to allegations that certain statements issued by TerraForm were
false and misleading concerning the Company’s financial performance.
To join this class action lawsuit, please contact Brian Lundin, Esquire,
of Lundin Law PC, at 888-713-1033, or via email at brian@lundinlawpc.com.
The investigation will focus on whether the Company failed to disclose
that by the time of the IPO: (1) the IPO sponsor SunEdison was
experiencing unprecedented losses that would be revealed just days after
the finalization of the IPO; (2) SunEdison was experiencing liquidity
and debt issues that ended its ability to develop projects to sell to
TerraForm; thus, TerraForm’s “Yield Co” business model was effectively
moribund from the outset; and (3) the aggressive growth plans for
SunEdison and TerraForm were unachievable.
No class has been certified in the above action. Until a class is
certified, you are not considered represented by an attorney. You may
also choose to do nothing and be an absent class member.
Lundin Law PC was created by Brian Lundin, a securities litigator based
in Los Angeles.
This press release may be considered Attorney Advertising in some
jurisdictions under the applicable law and ethical rules.
View source version on businesswire.com: http://www.businesswire.com/news/home/20151112005404/en/
Copyright Business Wire 2015