December 11, 2015
A New York federal judge on Thursday tossed a shareholder lawsuit alleging that The Blackstone Group LP-backed Vivint Solar Inc. inflated the value of its $330 million initial public offering, calling the suit's premise "fundamentally flawed."
March 05, 2015
Counsel for The Blackstone Group LP-backed Vivint Solar Inc. cataloged the potential grounds to dismiss shareholder allegations that the renewable energy provider inflated the value of its $330 million initial public offering, telling a New York federal judge on Thursday the company disclosed all the relevant financial information.
December 10, 2014
Shareholders hit Blackstone Group LP-backed renewable energy provider Vivint Solar Inc. with a class action Tuesday in New York federal court, alleging the company inflated the value of its $330 million initial public offering through misleading statements, events that preceded a plunge in stock price.