Levi & Korsinsky, LLP announces the filing of a class action lawsuit in the USDC for the Eastern District of Missouri on behalf of shareholders of SunEdison, Inc. (NYSE: SUNE) who purchased securities between June 16, 2015 and October 6, 2015.
The complaint alleges that, among other allegations, SunEdison did not have the financial resources necessary to maintain its high growth and sustain its dividend. On October 5, 2015, the Company disclosed it was laying off 15% of its workforce. Upon this news, shares of SunEdison have declined sharply in value over the course of several disclosures regarding the Company’s financial condition, thereby injuring investors. If you suffered a loss in SunEdison you have until February 1, 2016 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.
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