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Shareholder Suit Over SolarCity Stock Drop Tossed

By Kat Greene (August 15, 2017, 10:40 PM EDT) -- A California federal judge has dismissed a proposed class action accusing SolarCity Corp. of lying to investors about its finances as demand for solar power waned in 2015, finding that the shareholders failed to point to statements by the company and its executives that violated the Securities and Exchange Act....

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