DEADLINE TOMORROW: Lundin Law PC Announces Securities Class Action Lawsuit Against TerraForm Global, Inc. And Encourages Investors With Losses to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / June 2, 2016 / Lundin Law PC announces a class action lawsuit has been filed against TerraForm Global, Inc. (“TerraForm” or the “Company”) (NASDAQ: GLBL). Investors who purchased or otherwise acquired shares traceable to the Registration Statement and Prospectus issued in connection with TerrForm’s July 31, 2015 initial public stock offering (“IPO”), are encouraged to contact the Firm prior to the December 28, 2015, lead plaintiff motion deadline.
To participate in this class action lawsuit, please contact Brian Lundin, Esquire, of Lundin Law PC, at 888-713-1033, or via e-mail at brian@lundinlawpc.com.
According to the complaint, the Company failed to disclose that the TerraForm Global IPO sponsor, SunEdison, was experiencing tremendous losses and debt problems. These financial issues impaired its ability to develop projects to sell to TerraForm Global, rendering the projected growth plans for SunEdison and TerraForm Global unsustainable. When the truth was revealed, shares dropped causing investors harm.
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.
Contact:
Lundin Law PC
Brian Lundin, Esq.
Telephone: 888-713-1033
Facsimile: 888-713-1125
brian@lundinlaw.com
SOURCE: Lundin Law PC
ReleaseID: 440706