NEW YORK, Nov. 14, 2014 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential securities fraud at Vivint Solar, Inc. ("Vivint" or the "Company") (NYSE: VSLR).
The investigation focuses on whether the Company and its executives violated federal securities laws by announcing misleading statements and business information to the public investors relating to its initial public offering (IPO) on September 30, 2014.
On November 10, 2014, Vivint announced a much larger loss than anticipated for the third quarter of 2014. Upon this announcement and within the next day, Vivint Solar Research shares fell dramatically during trading.
Following this news, Vivint shares declined by $7.29 per share, approximately 20%, closing on November 11, 2014 at $11.42 per share.
Request more information now by clicking here: www.faruqilaw.com/VSLR. There is no cost or obligation to you.
Take Action
If you invested in Vivint stock or options on or before November 11, 2014 and would like to discuss your legal rights, visit www.faruqilaw.com/VSLR. You can also contact us by calling Richard Gonnello toll free at 877-247-4292 or at 212-983-9330 or by sending an e-mail to [email protected]. Faruqi & Faruqi, LLP also encourages anyone with information regarding Vivint's conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.
FARUQI & FARUQI, LLP
369 Lexington Avenue, 10th Floor
New York, NY 10017
Attn: Richard Gonnello, Esq.
[email protected]
Telephone: (877) 247-4292 or (212) 983-9330
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SOURCE Faruqi & Faruqi, LLP
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