An investigation was announced for investors in NASDAQ:TSLA shares over potential violations of securities laws in connection with certain financial statements regarding the Company’s SolarCity Corporation subsidiary.
Investors who purchased shares of Tesla Inc (NASDAQ:TSLA), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 – 1554.
The investigation by a law firm focuses on whether a series of statements by Tesla Inc (NASDAQ:TSLA regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On May 3, 2017, it was reported that the U.S. Securities and Exchange Commission is examining whether the Company’s SolarCity Corporation subsidiary has “adequately disclosed how many customers have canceled contracts after signing up for a home solar-energy system.”
Shares of Tesla Inc (NASDAQ:TSLA) declined on May 12, 2017 to $324.81 per share.
Those who purchased NASDAQ:TSLA shares have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North – Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com