An investigation for investors in Tesla Inc (NASDAQ:TSLA) shares over potential securities laws violations by Tesla Inc was announced and NASDAQ:TSLA stockholders should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 05/08/2017 -- An investigation on behalf of investors of Tesla Inc (NASDAQ:TSLA) shares over potential securities laws violations in connection with certain financial statements regarding the Company's SolarCity Corporation subsidiary was announced.
Investors who purchased shares of Tesla Inc (NASDAQ:TSLA), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call 858-779-1554.
The investigation by a law firm focuses on whether certain statements regarding SolarCity's business, its prospects and its operations were materially false and misleading at the time they were made.
On May 3, 2017, it was reported that the U.S. Securities and Exchange Commission is examining whether the Company's SolarCity Corporation subsidiary has "adequately disclosed how many customers have canceled contracts after signing up for a home solar-energy system." Shares of Tesla Inc (NASDAQ:TSLA) declined on May 4, 2017 to $290.76 per share.
Those who purchased shares of Tesla Inc 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