Boeing Wins $2.04B U.S. Air Force Contract for B-52 Engine Replacement Program 
California DMV Proposes New Safety Rules for Autonomous Vehicles After Waymo Incidents 
FTC Praises Instacart for Ending AI Pricing Tests After $60M Settlement 
BP Nears $10 Billion Castrol Stake Sale to Stonepeak 
BlackRock-Backed Global Ports Deal Faces Uncertainty Amid Cosco Demands 
Nvidia to Acquire Groq in $20 Billion Deal to Boost AI Chip Dominance 
GLP-1 Weight Loss Pills Set to Reshape Food and Fast-Food Industry in 2025 
California Regulator Probes Waymo Robotaxi Stalls During San Francisco Power Outage 
Mexico Antitrust Review of Viva Aerobus–Volaris Deal Signals Growth for Airline Sector 
Eli Lilly and Novo Nordisk Battle for India’s Fast-Growing Obesity Drug Market 
Hyundai Recalls Over 51,000 Vehicles in the U.S. Due to Fire Risk From Trailer Wiring Issue 
Waymo Plans Safety and Emergency Response Upgrades After San Francisco Robotaxi Disruptions 
Texas App Store Age Verification Law Blocked by Federal Judge in First Amendment Ruling 
South Korean Court Clears Korea Zinc’s $7.4 Billion U.S. Smelter Project, Shares Surge 
Nvidia and Groq Strike Strategic AI Inference Licensing Deal 
Saks Global Weighs Chapter 11 Bankruptcy Amid Debt Pressures and Luxury Retail Slowdown 
Nike Stock Jumps After Apple CEO Tim Cook Buys $2.9M Worth of Shares 
SAN FRANCISCO, July 14, 2017 -- Hagens Berman Sobol Shapiro LLP reminds investors in Sky Solar Holdings, Ltd. (NASDAQ:SKYS) of the August 15, 2017 Lead Plaintiff deadline in the pending securities class action.
If you purchased or otherwise acquired securities of SKYS between November 14, 2014 and June 12, 2017 and suffered losses contact Hagens Berman Sobol Shapiro LLP. For more information visit:
https://www.hbsslaw.com/cases/SKYS
or contact Reed Kathrein, who is leading the firm’s investigation, by calling 510-725-3000 or emailing [email protected].
On June 13, 2017, Sky Solar announced that its management committee intends to recommend to its board of directors that it form a committee to investigate conduct of its former Chief Executive Officer (Weili Su). In response to this news, trading was halted.
On June 15, 2017, Sky Solar announced in a press release that it expects to establish a committee consisting of independent directors in the next two to three days to investigate the conduct of Weili Su. “The conduct subject to the investigation involved certain transactions and fund transfers which appear to lack proper board and audit committee authorizations.” This news drove the price of Sky Solar securities down over 10% during intraday trading.
“We’re focused on events as they unfold and certainly on how Mr. Su’s and perhaps others’ conduct has damaged investors,” said Hagens Berman partner Reed Kathrein.
Whistleblowers: Persons with non-public information regarding SKYS 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
