BOSTON, MA / ACCESSWIRE / December 14, 2018 / Block & Leviton LLP (www.blockesq.com), a securities litigation firm representing investors nationwide, is investigating whether Sunrun Inc. ("Sunrun" or the "Company") (RUN) and certain of its officers and directors violated federal securities laws.
On December 14, 2018, Seeking Alpha released an article titled "Sunrun Is The Subject Of An Undisclosed Fraud Investigation By The FBI And Justice Department." The article states that on June 5, 2017, the Federal Bureau of Investigation opened a corporate fraud investigation into Sunrun at the request of the Justice Department. The article further states that a search of Sunrun's SEC filings indicates that the investigation was never disclosed by the Company. According to Seeking Alpha, the investigation focuses on "the accuracy of the companies reporting of total customers and whether it reflected the large number of canceled customer contracts. The companies have also been the subject of consumer complaints for strong-armed sales tactics."
Following the release of this article, the Company's stock fell more than 8 percent.
If you have purchased or otherwise acquired Sunrun securities on or after May 21, 2017, and have questions about your legal rights, or possess information relevant to this investigation, you are encouraged to contact attorney Dan DeMaria at (888) 868-2385, by email at firstname.lastname@example.org, or by visiting http://shareholder.law/sunrun.
Block & Leviton LLP was recently ranked 4th among securities litigation firms by ISS for recoveries in 2017. The firm represents many of the nation's largest institutional investors and numerous individual investors in securities litigation throughout the country. Indeed, its lawyers have recovered billions of dollars for its clients.
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SOURCE: Block & Leviton LLP