NEW YORK, July 7, 2020 /PRNewswire/ -- WeissLaw
LLP is investigating possible breaches of fiduciary duty and
other violations of law by the board of directors of Vivint Solar,
Inc. ("VSLR" or the "Company") (NYSE: VSLR) in connection with the
proposed acquisition of the Company by Sunrun, Inc. ("RUN")
(NASDAQ: RUN). Under the terms of the agreement, VSLR
shareholders will be entitled to receive 0.55 shares of RUN common
stock for each VSLR share that they own, representing implied
per-share merger consideration of $14.39 based upon RUN's July 7, 2020 closing price of $26.17.
If you own VSLR shares and wish to discuss
this investigation or have any questions concerning this notice or
your rights or interests, visit our website:
http://www.weisslawllp.com/vslr-inc/
Or please contact:
Joshua Rubin, Esq.
WeissLaw LLP
1500 Broadway, 16th Floor
New York, NY 10036
(212) 682-3025
(888) 593-4771
stockinfo@weisslawllp.com
WeissLaw is investigating whether VSLR's board was fully
informed as to the valuation of the proposed acquisition of the
Company, whether the board acted to maximize shareholder value
prior to entering into the acquisition agreement, and whether all
information regarding the valuation of the deal will be fully and
fairly disclosed to VSLR shareholders.
WeissLaw LLP has litigated hundreds of stockholder class and
derivative actions for violations of corporate and fiduciary
duties. We have recovered over a billion dollars for
defrauded clients and obtained important corporate governance
relief in many of these cases. If you have information or
would like legal advice concerning possible corporate wrongdoing
(including insider trading, waste of corporate assets, accounting
fraud, or materially misleading information), consumer fraud
(including false advertising, defective products, or other
deceptive business practices), or anti-trust violations, please
email us at stockinfo@weisslawllp.com
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SOURCE WeissLaw LLP