NEW YORK, Oct. 02, 2019 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Vivint Solar, Inc. (“Vivint” or the “Company”) (NYSE: VSLR). Such investors are advised to contact Robert S. Willoughby at rswilloughby@pomlaw.com or 888-476-6529, ext. 9980.

The investigation concerns whether Vivint and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. 

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On September 27, 2019, short-seller Aurelius Value published a report alleging that Vivint has “largely concealed” undisclosed lawsuits against it over fraud involving alleged forged customer contracts. 

On this news, Vivint’s stock price fell $0.31 per share, or 4.63%, over the following three trading sessions, closing at $6.38 per share on October 1, 2019.

The Pomerantz Firm, with offices in New York, Chicago, Los Angeles, and Paris, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 80 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com.

CONTACT:
Robert S. Willoughby
Pomerantz LLP
rswilloughby@pomlaw.com