Overview

Basic information

Litigation

Active legal matters

Material Events

8-K disclosures

SEC Filings

Key regulatory docs

Insider Transactions

Ownership changes

Overview

Basic information

Litigation

Active legal matters

Material Events

8-K disclosures

SEC Filings

Key regulatory docs

Insider Transactions

Ownership changes

Vivint Solar, Inc. (VSLR) Class Action Lawsuit (October 2019)

Closed

2:20cv919 • October 11, 2019

Class Period Start

March 4, 2019

Class Period End

December 24, 2019

PSLRA Deadline

December 10, 2019

Case Allegations

10b5

Statutes of Repose

Mar 4, 2022

Country

United States

Court

Federal Court

Settlement Information

Please note that for cases in the settlement stage, claims are handled by the claims administrator and NOT Levi & Korsinsky. Any information or documentation previously provided to us does not constitute submission of a claim. If you need to file a claim, check the status of a claim, or have questions regarding distribution of settlement funds, please contact the claims administrator below.

Claim Deadline

June 4, 2022

Settlement Fund

$1,250,000

Settlement Status

Disbursed

Settlement Class

All persons or entities that purchased or otherwise acquired Vivint Solar, Inc. (“Vivint Solar”) common stock between March 5, 2019 and September 26, 2019, inclusive.

Claim Administrator

A.B. Data, Ltd.
In re Vivint Solar, Inc. Securities Litigation c/o A.B. Data, Ltd. P.O. Box 173133 Milwaukee, WI 53217
+1 000-000-0000
[email protected]

Settlement Website

www.VivintSolarClassAction.com

Hearing Date

May 5, 2022

Opt-out Deadline

April 14, 2022

Settlement Note

Download here

Proof Of Claim

Download here

Docket History

Feb 8, 2023

Disbursement Approved

The court has approved the distribution of settlement funds to eligible class members. Investors with approved claims may receive payments from the settlement. If you have questions about your claim or payment, contact the claims administrator.

May 9, 2022

Final Approval of Settlement

The court has granted final approval of the settlement. Eligible investors who submit valid claims may receive a payment once the claims review and distribution process is completed.

Nov 30, 2021

Preliminary Approval of Settlement

The court has granted preliminary approval of a proposed settlement. This means the settlement can move forward for further consideration, but it has not yet received final approval. Potential class members will generally receive notice explaining the settlement, their rights, and any deadlines for submitting a claim, objecting to the settlement, or choosing not to participate.

Nov 30, 2021

Proof of Claim Form

To receive your portion of the recovery (if you are eligible), you must submit this form to the claims administrator by the deadline indicated on the form itself. If you do not submit this form in time, you will not be entitled to compensation. If you have questions about how to complete the form, you should contact the claims administrator.

Nov 10, 2021

Proposed Settlement

Apr 13, 2021

Scheduling Order

Feb 19, 2021

Scheduling Order

Aug 24, 2020

Scheduling Order

Jun 29, 2020

First Amended Complaint

A new complaint has been filed on behalf of certain investors in Vivint Solar, Inc.. Amended complaints may contain additional facts, parties, allegations, a change in the class definition, etc.

Mar 23, 2020

Appointment of Lead Plaintiff

The court has appointed a lead plaintiff to represent the interests of investors in the lawsuit. The lead plaintiff works with the attorneys handling the case, helps oversee the litigation, and represents the interests of the proposed class.

Oct 31, 2019

Additional Complaint

Another plaintiff has filed a complaint on behalf of investors in Vivint Solar, Inc.. The allegations and class definitions are substantively the same.

Oct 11, 2019

First Filed Complaint

A securities fraud class action complaint has been filed on behalf of certain investors in Vivint Solar, Inc..

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