SOURCE: Faruqi & Faruqi, LLP

Faruqi & Faruqi, LLP

January 12, 2015 16:00 ET

INVESTOR ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses in Excess of $100,000 Investing in Vivint Solar Inc. (VSLR) to Contact the Firm

NEW YORK, NY--(Marketwired - January 12, 2015) - Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors in Vivint Solar Inc. ("Vivint" or the "Company") (NYSE: VSLR) of the January 20, 2015 deadline to seek the role of lead plaintiff in a federal securities class action lawsuit filed against Vivint and certain officers and directors of the Company, its controlling shareholder and the underwriters of its October 1, 2014 initial public offering ("IPO").

A complaint has been filed in the United States District Court for the Southern District of New York on behalf of all persons who purchased Vivint common stock issued in connection with its IPO (the "Class Period").

The complaint alleges that the Company and its executives violated federal securities laws with respect to its statements concerning its business, operations, and prospects.

Specifically, the action alleges that the Registration Statement for the IPO contained misleading statements concerning (i) the ownership trends in the residential solar industry and (ii) growth of Vivint's operating expenses.

The price of the Company's stock has declined by over $5.00 per share, or over 32%, from the IPO price to the date the complaint was filed.

Request more information now by clicking here: www.faruqilaw.com/VSLR. There is no cost or obligation to you.

Take Action

If you invested in Vivint securities issued in connection with its IPO and would like to discuss your legal rights, visit www.faruqilaw.com/VSLR. You can also contact us by calling Richard Gonnello toll free at 877-247-4292 or at 212-983-9330 or by sending an e-mail to rgonnello@faruqilaw.com. Faruqi & Faruqi, LLP also encourages anyone with information regarding Vivint's conduct to contact the firm, including whistleblowers, former employees, shareholders and others.

Faruqi & Faruqi, LLP is a national law firm which represents investors and individuals in class action litigation. The firm is focused on providing exemplary legal services in complex litigation in the areas of securities, shareholder, antitrust and consumer litigation, throughout all phases of litigation. The firm has an experienced trial team which has achieved significant victories on behalf of the firm's clients. To keep track of the latest securities litigation news, follow us on Twitter at www.twitter.com/MergerActivity or on Facebook at www.facebook.com/FaruqiLaw.

Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.

Contact Information

  • FARUQI & FARUQI, LLP
    369 Lexington Avenue, 10th Floor
    New York, NY 10017
    Attn: Richard Gonnello, Esq.
    rgonnello@faruqilaw.com
    Telephone: (877) 247-4292
    (212) 983-9330