SAN FRANCISCO, May 08, 2017 -- Hagens Berman Sobol Shapiro LLP alerts investors in Sunrun Inc. (NASDAQ:RUN) to the expanded class period in the lawsuit pending in the United States District Court for the Northern District of California. The expanded class period is September 10, 2015 through May 3, 2017. The Lead Plaintiff deadline is July 3, 2017.
If you purchased or otherwise acquired securities of Sunrun between September 10, 2015 and May 3, 2017 and suffered losses contact Hagens Berman Sobol Shapiro LLP. For more information visit:
or contact Reed Kathrein, who is leading the firm’s investigation, by calling 510-725-3000 or emailing [email protected].
On May 3, 2017, The Wall Street Journal reported that the SEC is investigating whether solar energy companies are masking how many customers they are losing.
More specifically, it reported the SEC is investigating Sunrun disclosures of how many customers have canceled contracts after signing up for a home solar energy system. Moreover, according to the article “[t]he SEC recently issued a subpoena to Sunrun and interviewed current and former employees about the adequacy of its disclosures on account cancellations.”
In response to this news, the price of Sunrun shares fell over 8% on on May 3, 2017.
“The customer cancellation rate is an important metric for investors to consider, so Sunrun should be transparent about that number,” said Hagens Berman partner Reed Kathrein.
Whistleblowers: Persons with non-public information regarding Sunrun should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new SEC whistleblower program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 510-725-3000 or email [email protected].
About Hagens Berman
Hagens Berman is a national investor-rights law firm headquartered in Seattle, Washington with offices in 10 cities. The Firm represents investors, whistleblowers, workers and consumers in complex litigation. More about the Firm and its successes can be found at www.hbsslaw.com. For the latest news visit our newsroom or follow us on Twitter at @classactionlaw.
Contact: Reed Kathrein, 510-725-3000


Nippon Express Stock Jumps as Elliott Investment Signals Strong Foreign Interest in Japan Logistics Sector
Brazil Pension Fund Crackdown After Banco Master Collapse Raises Investment Concerns
Kia Cuts EV Prices in Europe as Chinese Carmakers Intensify Competition
U.S. Budget Airlines Seek $2.5 Billion Government Aid Amid Rising Jet Fuel Costs
Toyota Global Vehicle Sales Decline in March Amid RAV4 Transition and Middle East Slowdown
Micro Systemation Reports Q1 Loss Amid Strategic Investments and Revenue Growth
Australia Targets Meta, Google, and TikTok With New News Payment Tax Proposal
Brazil Blocks Prediction Market Platforms, Tightens Derivatives Trading Rules
Nomura Shares Drop After Profit Miss Despite Strong Revenue Growth
Air Liquide Q1 Revenue Misses Estimates Amid Currency and Energy Headwinds
DeepSeek V4 Launch Signals China’s Growing AI Independence with Huawei Chips
U.S. Warns Allies Over Alleged Chinese AI IP Theft Linked to DeepSeek
Google Secures Pentagon AI Deal for Classified Projects
U.S. Sanctions Target Chinese Refinery Over Iranian Oil Purchases
DeepSeek Slashes AI Model Pricing to Boost Adoption and Challenge Global Rivals
Spirit Airlines Gains Key Creditor Support for $500M Bailout Deal
Advantest Stock Falls on Weak Outlook Despite Strong AI-Driven Results 



