An investigation for investors in TerraForm Power Inc (NASDAQ:TERP) was announced over potential breaches of fiduciary duties by certain directors at TerraForm Power.
Investors who purchased shares of TerraForm Power Inc (NASDAQ:TERP) 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 concerns whether certain TerraForm Power directors breached their fiduciary duties and caused damage to the company and its shareholders.
Shares of TerraForm Power Inc (NASDAQ:TERP) grew from $22.83 per share in October 2014 to as high as $42.15 per share in April 2015. Since then NASDAQ:TERP shares lost significant value. In fact NASDAQ:TERP shares declined to as low as $6.73 per share on November 25, 2015.
On February 1, 2016, 2016, NASDAQ:TERP shares closed at $9.56 per share.
Those who purchased shares of TerraForm Power Inc (NASDAQ:TERP) 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
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