NEW YORK--(BUSINESS WIRE)--Levi & Korsinsky, LLP announces that it has commenced an investigation of TerraForm Power, Inc. (“TerraForm Power” or the “Company”) (NASDAQGS: TERP) concerning possible violations of federal securities laws by the Company and/or certain of its officers and directors.
TerraForm Power is a subsidiary of SunEdison Inc. (“SunEdison”). The investigation concerns whether the Company failed to disclose, or made misstatements of material fact regarding, risk associated with the Company’s close relationship with SunEdison, including SunEdison’s reduced ability to finance TerraForm Power projects, and otherwise provide material support to TerraForm Power’s business operations. Shares of TerraForm Power are down more than 50% since July 13, 2015, on news that SunEdison would shift its business model and allegedly provide less support to TerraForm Power. To obtain additional information about the investigation, go to:
or contact Joseph E. Levi, Esq. either via email at email@example.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972.
Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut and Washington D.C. The firm’s attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.