The Law Offices of Frank R. Cruz Continues Investigation of Azure Power Global Limited (AZRE) on Behalf of Investors

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz continues its investigation of Azure Power Global Limited (“Azure” or the “Company”) (NYSE: AZRE) on behalf of investors concerning the Company’s possible violations of federal securities laws.

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On August 29, 2022, Azure announced the resignation of its CEO, less than two months after his appointment. The Company also disclosed that it had “received a whistleblower complaint in May 2022 alleging potential procedural irregularities and misconduct by certain employees at a plant belonging to one of its subsidiaries.” During the Company’s review of these allegations, Azure “discovered deviations from safety and quality norms” and” also identified evidence of manipulation of project data and information by certain employees.”

On this news, Azure’s stock fell $4.61, or 44.1%, to close at $5.85 on August 29, 2022, thereby injuring investors.

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If you purchased Azure securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Frank R. Cruz, of The Law Offices of Frank R. Cruz, 1999 Avenue of the Stars, Suite 1100, Los Angeles, California 90067 at 310-914-5007, by email to [e-mail], or visit our website at www.frankcruzlaw.com. If you inquire by email please include your mailing address, telephone number, and number of shares purchased.

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