BOSTON, Oct. 30, 2015 /PRNewswire/ -- Block & Leviton is investigating claims made in a lawsuit filed in California state court on October 23, 2015, which asserts securities fraud claims against TerraForm Global, Inc. and certain of its officers, directors, and underwriters.
TerraForm Global, Inc. and its affiliate TerraForm Power, Inc. (NASDAQ: TERP) are subsidiaries of SunEdison, Inc. The lawsuit alleges materially misleading misstatements and omissions about the risk of SunEdison's control over its subsidiaries. In recent months, shares of all three companies have plummeted by over 40%.
If you are a shareholder of TerraForm Power, Inc. or TerraForm Global, Inc. and have questions about your legal rights, or if you have information relevant to this investigation, please contact attorney Joel Fleming or Jeffrey Block of Block & Leviton LLP at (617) 398-5600 or at Joel@blockesq.com or Jeff@blockesq.com. Confidentiality for any whistleblowers or other persons with information relevant to the investigation is assured.
Block & Leviton represents investors for violations of securities laws as well as whistleblowing employees who provide information about their employers' violations of law throughout the country. The firm's lawyers have collectively been prosecuting securities cases for over 70 years, have recovered billions of dollars for investors and represent some of the nation's largest institutional investors.
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