LOS ANGELES, CA / ACCESSWIRE / August 4, 2017 / Lundin Law PC, a shareholder rights firm, announces a class action lawsuit against Sky Solar Holdings, Ltd. (''Sky Solar'' or the ''Company'') (SKYS) for possible violations of federal securities laws. Investors who purchased or otherwise acquired Sky Solar shares (1) pursuant and/or traceable to the Company's initial public offering (''IPO'') on or about November 18, 2014; and/or (2) on the open market from November 14, 2014 through June 12, 2017 inclusive (the ''Class Period''), should contact the firm prior to the August 15, 2017 lead plaintiff motion deadline.
To participate in this class action lawsuit, click here.
You can also call Brian Lundin, Esq., of Lundin Law PC, at 888-713-1033, or e-mail him at firstname.lastname@example.org.
No class has been certified in the above action yet, and until a class is certified, you are not considered to be represented by an attorney. You may choose to do nothing and be an absent class member as well.
According to the lawsuit, during the Class Period, Sky Solar made false and/or misleading statements, and/or failed to disclose that: the Company's Code of Business Conduct and Ethics and its enforcement by the Board of Directors were insufficient to detect and/or deter misconduct by its officers and directors; that Sky Solar's founder, Weili Su, was involved in undisclosed misconduct during his tenure as CEO; and as a result, the Company's public statements were materially false and misleading at all relevant times. When this information was announced to the public, Sky Solar's stock price declined materially, which harmed investors according to the Complaint.
Lundin Law PC was created by Brian Lundin, Esq., a securities litigator based in Los Angeles dedicated to upholding shareholders' rights.
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SOURCE: Lundin Law PC