Shareholders Foundation, Inc.

NYSE: NOVA Investor Alert: Investigation over Possible Wrongdoing at Sunnova Energy International Inc Announced

An investigation on behalf of investors in Sunnova Energy International Inc. (NYSE: NOVA) shares over potential wrongdoing at Sunnova Energy International Inc. was announced.

 

San Diego, CA -- (SBWIRE) -- 03/05/2020 -- An investigation was announced over potential breaches of fiduciary duties by certain officers and directors at Sunnova Energy International Inc.

Investors who purchased shares of Sunnova Energy International Inc. (NYSE: NOVA) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm concerns whether certain Sunnova Energy International directors breached their fiduciary duties and caused damage to the company and its shareholders.

Houston, TX based Sunnova Energy International Inc. provides residential solar and energy storage services in the United States. Sunnova Energy International Inc. reported that its annual Total Revenue rose from $76.85 million in 2017 to $104.38 million in 2018 and that its Net Loss declined from $91.08 million in 2017 to $74.24 million in 2018. On July 25, 2019, Sunnova Energy International Inc. held its initial public offering ("IPO"), offering shares at $12 and selling more than 14 million shares of common stock.

Then, on August 19, 2019, Sunnova Energy International Inc. reported a net loss of $85.3 million for the six months ending on June 30, 2019, compared to $22.7 million in the prior year period.

Shares of Sunnova Energy International Inc. (NYSE: NOVA) declined to as low as $8.01 per share on August 26, 2019.

Those who purchased shares of Sunnova Energy International Inc. (NYSE: NOVA) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.