LOS ANGELES, May 09, 2017 (GLOBE NEWSWIRE) -- Goldberg Law PC, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Sunrun, Inc. (“Sunrun” or the “Company”) (Nasdaq:RUN) for violations of §10(b) and §20(a) of the Securities Exchange Act of 1934 and U.S. Securities and Exchange Commission Rule 10b-5 promulgated thereunder.
Investors who purchased the Company’s shares between September 16, 2015 and May 2, 2017 inclusive (the “Class Period”), are encouraged to contact the firm in advance of the July 3, 2017 lead plaintiff motion deadline.
If you are a shareholder who suffered a loss during the Class Period, click here to participate.
In addition, we encourage you to contact Michael Goldberg or Brian Schall, of Goldberg Law PC, 1999 Avenue of the Stars, Suite 1100, Los Angeles, CA 90067, at 800-977-7401, to discuss your rights free of charge. You can also reach us through the firm’s website at http://www.goldberglawpc.com/, or by email at info@goldberglawpc.com.
The class in this case has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
The Complaint alleges that during the Class Period, Sunrun violated federal securities laws by making materially false and misleading public statements and/or failing to disclose material information. On May 3, 2017, The Wall Street Journal reported that the U.S. Securities & Exchange Commission is examining whether the Company has “adequately disclosed how many customers have canceled contracts after signing up for a home solar-energy system.” When this news was announced, Sunrun’s stock price dropped materially, which caused investors harm.
Goldberg Law PC represents shareholders around the world and specializes in securities class actions and shareholder rights litigation.
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