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RUN SHAREHOLDER ALERT: The Law Offices of Vincent Wong …

Fraud Alert:

NEW YORK, June 22, 2017 (GLOBE NEWSWIRE) — The Law Offices of Vincent Wong announce that a class action lawsuit has been commenced in the United States District Court for the Northern District of California on behalf of investors who purchased Sunrun Inc. (“Sunrun”) (NASDAQ:RUN) securities between September 10, 2015 and May 3, 2017.

Click here to learn about the case: http://www.wongesq.com/pslra-sa/sunrun-inc?wire=3. There is no cost or obligation to you.

According to the complaint, throughout the Class Period, the Company issued materially false and misleading statements and/or failed to disclose that: (i) Sunrun failed to adequately disclose how many customers canceled contracts after signing up for the Companyâs 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, Sunrunâs 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 (âSECâ) is investigating whether Sunrun âadequately disclosed how many customers have canceled contracts after signing up for a home solar-energy system.â The report stated that the SEC ârecently issued a subpoena to Sunrun and interviewed current and former employees about the adequacy of its disclosures on account cancellations.â The report added that the customer cancellation figure at Sunrun âgrew to be as high as 40% earlier this yearâ and that an âincrease in cancellations caused Sunrun to halve its growth expectations in 2016 from 80% to 40%.â

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 doesnât require that you serve as a lead plaintiff. To obtain additional information, contact Vincent Wong, Esq. either via email [email protected], by telephone at 212.425.1140, or visit http://www.wongesq.com/pslra-sa/sunrun-inc?wire=3.

Vincent Wong, Esq. is an experienced attorney that has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.

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CONTACT:
Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Tel. 212.425.1140
Fax. 866.699.3880
E-Mail: [email protected]

Article source: https://www.gurufocus.com/news/535152/run-shareholder-alert-the-law-offices-of-vincent-wong-notifies-investors-of-a-class-action-involving-sunrun-inc-and-a-lead-plaintiff-deadline-of-july-3-2017