NEW YORK, Jan. 14, 2015 (GLOBE NEWSWIRE) -- The Law Offices of Vincent Wong announce that a class action lawsuit has been commenced in the USDC for the Southern District of New York on behalf of investors who purchased Vivint Solar, Inc. ("Vivint" or the "Company") (NYSE:VSLR) common stock between October 1, 2014 and November 10, 2014.
Click here to learn about the case: http://docs.wongesq.com/VSLR-Info-Request-Form-563. There is no cost or obligation to you.
The complaint alleges that Vivint failed to disclose in its final Prospectus for the IPO's Registration Statement that ownership trends in the residential solar industry had changed from longterm leasing to financing, that demand for longterm leases had declined, and that growth in the Company's operating expenses in the third quarter of 2014 had significantly outstripped growth in revenue, resulting in much weaker sales trends and significantly larger net losses than the market had been led to expect.
If you suffered a loss in Vivint you have until January 20, 2015 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff. To obtain additional information, contact Vincent Wong, Esq. either via email email@example.com, by telephone at 212.425.1140, or visit http://docs.wongesq.com/VSLR-Info-Request-Form-563.
Vincent Wong, Esq. is an experienced attorney that has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT: Vincent Wong, Esq. 39 East Broadway Suite 304 New York, NY 10002 Tel. 212.425.1140 Fax. 866.699.3880 E-Mail: firstname.lastname@example.orgSource:The Law Offices of Vincent Wong