NEW YORK, May 19, 2017 (GLOBE NEWSWIRE) -- The following statement is being issued by Levi & Korsinsky, LLP:
To: All persons or entities who purchased or otherwise acquired securities of Sunrun Inc.
("Sunrun") (NASDAQ:RUN) between September 10, 2015 and May 3,
2017. You are hereby notified
that a securities class action lawsuit has been commenced in the United States District Court for the Northern District of
California. To get more information go to:
http://www.zlk.com/pslra-sb/sunrun-inc?wire=3
or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972.
There is no cost or obligation to you.
The complaint alleges that throughout the class period Defendants issued materially false and/or misleading
statements and/or failed to disclose that: (i) Sunrun failed to adequately disclose how many customers canceled contracts after
signing up for the Company’s home-solar energy system; (ii) discovery of the foregoing conduct would subject the Company to
heightened regulatory scrutiny and potential civil sanctions; and (iii) as a result, Sunrun’s public statements were materially
false and misleading at all relevant times.
On May 3, 2017, The Wall Street Journal reported that the U.S. Securities and Exchange Commission
(“SEC”) is investigating whether Sunrun “adequately disclosed how many customers have canceled contracts after signing up for a
home solar-energy system.” The report stated that the SEC “recently issued a subpoena to Sunrun and interviewed current and former
employees about the adequacy of its disclosures on account cancellations.”
If you suffered a loss in Sunrun you have until July 3, 2017 to request that the Court appoint you as lead plaintiff. Your ability to share in any
recovery doesn’t require that you serve as a lead plaintiff.
Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The
firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered
hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar
outcomes.
CONTACT: Levi & Korsinsky, LLP Joseph E. Levi, Esq. 30 Broad Street - 24th Floor New York, NY 10004 Tel: (212) 363-7500 Toll Free: (877) 363-5972 Fax: (212) 363-7171 www.zlk.com