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Case Status:    ONGOING    
On or around 08/24/2020 (Date of last review)

Filing Date: August 24, 2020

According to the Complaint, Vivint is a leading full-service residential solar provider in the United States.

This action stems from a proposed transaction announced on July 6, 2020, pursuant to which Vivint Solar, Inc. will be acquired by Sunrun Inc.

On July 6, 2020, Vivint’s Board of Directors caused the Company to enter into an agreement and plan of merger with Sunrun. Pursuant to the terms of the Merger Agreement, Vivint’s stockholders will receive 0.55 shares of Sunrun common stock for each share of Vivint common stock they own.

On August 14, 2020, Defendants filed a Form S-4 Registration Statement with the United States Securities and Exchange Commission in connection with the Proposed Transaction. The Complaint alleges that the Registration Statement omits material information with respect to the Proposed Transaction, which renders the Registration Statement false and misleading.

COMPANY INFORMATION:

Sector: Energy
Industry: Alternative Energy
Headquarters: United States

SECURITIES INFORMATION:

Ticker Symbol: VSLR
Company Market: New York SE
Market Status: Public (Listed)

About the Company & Securities Data


"Company" information provides the industry and sector classification and headquarters state for the primary company-defendant in the litigation. In general, "Securities" information provides the ticker symbol, market, and market status for the underlying securities at issue in the litigation.

In most cases, the primary company-defendant actually issued the securities that are the subject of the litigation, and the securities information and company information relate to the same entity. In a small subset of cases, however, the primary company-defendant is not the issuer (for example, cases against third party brokers/dealers), and the securities information and company information do not relate to the same entity.
COURT: D. Delaware
DOCKET #: 20-CV-01111
JUDGE: Hon. Leonard P. Stark
DATE FILED: 08/24/2020
CLASS PERIOD START: 07/06/2020
CLASS PERIOD END: 08/24/2020
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Rigrodsky & Long, P.A. (Wilmington)
  2. RM Law, P.C. (Berwyn)
No Document Title Filing Date
—Reference Complaint Complaint Related Data is not available
—Related District Court Filings Data is not available