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Beltran v. Terraform Global, Inc. et al
Case Number:
1:16-cv-07967
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
- Abraham Fruchter
- Ehrlich & Craig
- Glancy Prongay
- Hinckley Allen
- Quinn Emanuel
- Robbins Geller
- Robbins LLP
- Scarola Zubatov
- Shearman & Sterling
- Sidley Austin
- WilmerHale
Companies
- Bank of America Corp.
- Barclays PLC
- BTG Pactual
- Canyon Partners LLC
- Citigroup Inc.
- Deutsche Bank AG
- JPMorgan Chase & Co.
- Morgan Stanley
- SunEdison LLC
- The Goldman Sachs Group Inc.
Sectors & Industries:
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February 25, 2020
TerraForm Gets OK For $49M SunEdison-Related Settlement
A Manhattan federal judge signed off Tuesday on a $49 million deal to end class litigation brought by investors who say TerraForm Global Inc. misled them about now-bankrupt energy concern SunEdison Inc., approving a $12.7 million fee for plaintiffs' firms, including Abraham Fruchter & Twersky LLP.
-
January 29, 2020
Abraham Fruchter Seeks $12M In Fees For TerraForm Deal
Attorneys at Abraham Fruchter & Twersky LLP asked a New York federal court for over $12 million in attorney fees for inking a $48.75 million deal resolving investor claims that TerraForm allowed renewable energy company SunEdison to use its money to stave off financial ruin.
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September 30, 2019
TerraForm, Investors Agree To Reduce Settlement To $49M
Investors in TerraForm Global Inc. said they've reached an agreement with the renewable energy power plant company to settle securities claims for $48.75 million rather than the $57 million they'd previously agreed to.
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August 23, 2018
TerraForm Global Wants Option To Terminate $57M Settlement
TerraForm Global Inc., a yieldco of renewable energy giant SunEdison Inc., on Wednesday asked a New York federal court for the option to terminate a $57 million settlement reached with investors for allegedly misrepresenting SunEdison's financial health in its initial public offering documents, saying too many investors have opted out.
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April 03, 2018
SunEdison Preferred Investors Want $57M Deal Clarified
Canyon Capital Advisors has urged a New York federal judge to clarify that a recent $57 million securities litigation settlement doesn't halt Canyon's claims that it lost “tens of millions” of dollars in renewable energy company SunEdison's spectacular collapse.
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December 18, 2017
SunEdison Yieldco Settles Investor MDL For $57M
A SunEdison yieldco on Friday said it had reached a $57 million settlement of multidistrict investor litigation claiming the renewable energy giant tried to stave off its bankruptcy with its yieldcos' money.