March 07, 2017
Investors who unsuccessfully brought class claims against SolarCity Corp. over alleged accounting deficiencies will not be paying the solar energy company's $663,000 legal bill, after a California federal judge declined Monday to find the claims frivolous and issue sanctions.
September 07, 2016
SolarCity Corp. on Tuesday asked a California federal judge to issue fee-shifting sanctions of $663,000 against investors who brought a previously tossed proposed class action, saying the investors didn't back up their allegations.
August 10, 2016
A California federal judge has permanently dismissed proposed class claims that renewable energy company SolarCity Corp. duped its investors with faulty accounting, saying investors still haven't shown the errors were intentional.
April 28, 2015
A California federal judge ruled on Monday that a proposed shareholder class action against billionaire Elon Musk and other executives at SolarCity Corporation didn't allege securities violations in enough detail to proceed.