ATLANTA--(BUSINESS WIRE)--Holzer & Holzer, LLC announces that a class action lawsuit has been filed in the United States District Court for the District of Maryland on behalf of investors who purchased TerraForm Power, Inc. (“TerraForm” or the “Company”) (NASDAQ: TERP) common stock between May 7, 2015 and March 15, 2016.
The complaint alleges, among other things, that TerraForm made false and misleading statements during that time about its Management Services Agreement with SunEdison. On March 16, 2016, TerraForm announced it was further delaying the release of its Form 10-K as a result of material weaknesses in SunEdison’s internal controls over financial reporting. The price of TerraForm stock has declined significantly following the Company’s announcement.
If you purchased TerraForm common stock between May 7, 2015 and March 15, 2016 and suffered losses on that investment, you are encouraged to contact Corey D. Holzer, Esq. via email at cholzer@holzerlaw.com, or via toll-free telephone at (888) 508-6832, to discuss your legal rights. The deadline to move for appointment as lead plaintiff is June 3, 2016.
Holzer & Holzer, LLC is an Atlanta, Georgia law firm that dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. More information about the firm is available through its website, www.holzerlaw.com and upon request from the firm. Holzer & Holzer, LLC has paid for the dissemination of this promotional communication, and Corey D. Holzer is the attorney responsible for its content.