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(GLBL) GPM Announces Investigation on Behalf of TerraForm Global, Inc. Investors

Glancy Prongay & Murray LLP (“GPM”) announces that it is investigating potential claims on behalf of investors of TerraForm Global, Inc. (“TerraForm” or the “Company”) (NASDAQ:GLBL) concerning the Company’s and its officers’ possible violations of federal securities laws. GPM is preparing a lawsuit to recover damages on behalf of TerraForm investors.

TerraForm owns and operates renewable energy generation assets worldwide, and operates as a subsidiary of SunEdison, Inc. On August 4, 2015, the Company completed its initial public offering of 45 million shares at an offering price of $15 per share. However, over the course of several disclosures in the past two months, regarding SunEdison, Inc.’s and TerraForm’s poor performance the Company’s stock price has fallen nearly 50% below its IPO price, thereby damaging investors. GPM is investigating whether investors were misled by the Company and its officers and directors during the course of the initial public offering.

If you purchased TerraForm securities, have information or would like to learn more about these claims including whether you qualify to serve as a class representative, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley F. Portnoy, Esquire, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by email to shareholders@glancylaw.com, or visit our website at http://www.glancylaw.com. If you inquire by email please include your mailing address, telephone number and number of shares purchased.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

 

Glancy Prongay & Murray LLP, Los Angeles
Lesley F. Portnoy, 310-201-9150 or 888-773-9224
shareholders@glancylaw.com
www.glancylaw.com

Friday, September 25th, 2015 Uncategorized