Cases
Sunrun Inc. (NASDAQ: RUN)
Securities Class Action
Overview
Overview
- Date:
- 5/3/2017
- Company Name:
- Sunrun Inc.
- Stock Symbol:
- RUN
- Status:
- Closed/Complete
NEW YORK, May 3, 2017 – Bragar Eagel & Squire, P.C. is investigating potential claims against the board of directors of Sunrun Inc. (NASDAQ: RUN). Our investigation concerns potential breach of fiduciary duty and securities claims.
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.” The report added that the customer cancellation figure at Sunrun “grew to be as high as 40% earlier this year” and that “increase in cancellations caused Sunrun to halve its growth expectations in 2016 from 80% to 40%.”
If you purchased or otherwise acquired Sunrun securities and suffered a loss, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Melissa A. Fortunato by email at at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.
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.” The report added that the customer cancellation figure at Sunrun “grew to be as high as 40% earlier this year” and that “increase in cancellations caused Sunrun to halve its growth expectations in 2016 from 80% to 40%.”
If you purchased or otherwise acquired Sunrun securities and suffered a loss, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Melissa A. Fortunato by email at at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.