TerraForm Power Inc (NASDAQ:TERP) Investor Investigation Announced

Investors who purchased shares of TerraForm Power Inc (NASDAQ:TERP) have certain options and should contact the Shareholders Foundation, Inc.

To have your information reviewed for options and to recieve notifications about this investigation, please use this form. You may also send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.
Company Name(s): 
TerraForm Power
Affected Securities: 

August 14, 2015 (Shareholders Foundation) - An investigation on behalf of current long-term investors in shares of TerraForm Power Inc (NASDAQ:TERP) shares was announced over potential breaches of fiduciary duties by certain officers and directors at TerraForm Power.

The investigation by a law firm concerns whether certain TerraForm Power officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.

TerraForm Power Inc reported that its annual Total Revenue rose from $17.47 million in 2013 to $125.86 million in 2014 while its respective Net Loss increased from $0.28 million to $35.97 million.

Shares of TerraForm Power Inc (NASDAQ:TERP) grew from $22.83 per share in October 2014 to as high as $42.15 per share in April 2015.

Since then NASDAQ:TERP shares lost significant value. In fact NASDAQ:TERP shares declined to as low as $22.43 per share on August 12, 2015.