NEW YORK, June 03, 2016 (GLOBE NEWSWIRE) -- Rosen Law Firm, a global investor rights law firm, announces that it has filed a class action lawsuit on behalf of purchasers of Vivint Solar, Inc. securities (NYSE:VSLR) from July 20, 2015 through March 7, 2016, both dates inclusive (the “Class Period”). The lawsuit seeks to recover damages for Vivint Solar investors under the federal securities laws against SunEdison. Vivint Solar and its officers and directors are not defendants in this case.

To join the Vivint Solar class action, go to the website at http://www.rosenlegal.com/cases-875.html or call Phillip Kim, Esq. or Jonathan Horne, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or jhorne@rosenlegal.com for information on the class action.

NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. YOU MAY RETAIN COUNSEL OF YOUR CHOICE.

According to the lawsuit, SunEdison and certain of its officers and directors made false and/or misleading statements and/or failed to disclose that: (1) SunEdison would be unable to obtain financing for the acquisition of Vivint Solar; (2) SunEdison’s liquidity was less than defendants were stating; (3) SunEdison would not be able to complete the acquisition of Vivint Solar; and (4) as a result, defendants’ statements about the merger between SunEdison and Vivint Solar were materially false and misleading and/or lacked a reasonable basis at all relevant times, damaging Vivint Solar shareholders. When the true details entered the market, the lawsuit claims that investors suffered damages.

A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than July 5, 2016. If you wish to join the litigation, go to http://www.rosenlegal.com/cases-875.html or to discuss your rights or interests regarding this class action, please contact, Phillip Kim, Esq. or Jonathan Horne, Esq. of The Rosen Law Firm toll free at 866-767-3653 or via e-mail at pkim@rosenlegal.com or jhorne@rosenlegal.com.

Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.

Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
Jonathan Horne, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 34th Floor
New York, NY  10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
jhorne@rosenlegal.com
www.rosenlegal.com