TerraForm Global, Inc.
|Company Name||TerraForm Global, Inc.|
The Firm is investigating potential claims on behalf of investors of TerraForm Global, Inc. ("TerraForm" or the "Company") (NASDAQ:GLBL) concerning the Company’s and its officers’ possible violations of federal securities laws. GPM is preparing a lawsuit to recover damages on behalf of TerraForm investors.
TerraForm owns and operates renewable energy generation assets worldwide, and operates as a subsidiary of SunEdison, Inc. On August 4, 2015, the Company completed its initial public offering of 45 million shares at an offering price of $15 per share. However, over the course of several disclosures in the past two months, regarding SunEdison, Inc.’s and TerraForm’s poor performance the Company’s stock price has fallen nearly 50% below its IPO price, thereby damaging investors. GPM is investigating whether investors were misled by the Company and its officers and directors during the course of the initial public offering.
If you purchased TerraForm securities, have information or would like to learn more about these claims including whether you qualify to serve as a class representative, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley F. Portnoy, Esquire, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, California 90067 at 310-201-9150, Toll-Free at 888-773-9224 or by email to firstname.lastname@example.org.
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