SUNEDISON, INC. NOTIFICATION: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Investing In SunEdison, Inc. To Contact The Firm
NEW YORK, May 11, 2016 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential securities fraud at SunEdison, Inc. ("SunEdison" or the "Company") (OTC: SDSNP) on behalf of investors in the Company's 6.75% Series A Perpetual Convertible Preferred Stock ("Preferred Stock").
Specifically, on January 7, 2016, the Company announced in a press release a restructuring plan whereby it would issue $725 million of "Second Lien Secured Term Loans," and that it entered into a series of exchange agreements with certain holders of its Convertible Senior Notes and its Preferred Stock.
On this news, shares of SunEdison declined $2.17 per share, or nearly 40%, to close on January 7, 2016 at $3.34 per share.
Request more information now by clicking here: www.faruqilaw.com/SDSNP. There is no cost or obligation to you.
Take Action
If you invested in SunEdison Preferred Stock and would like to discuss your legal rights, visit www.faruqilaw.com/SDSNP. 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 SunEdison'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
685 Third Avenue, 26th 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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