SHAREHOLDER ALERT: The Klein Law Firm Notifies Investors of a Class Action Filed on Behalf of Sky Solar Holdings, Inc. Shareh...
June 30 2017 - 2:18PM
Business Wire
The Klein Law Firm announces that a class action complaint has
been filed on behalf of shareholders of Sky Solar Holdings, Inc.
(NASDAQ:SKYS) who purchased shares pursuant and/or traceable to the
Company’s Initial Public Offering completed on or about November
18, 2014; and/or (2) between November 14, 2014 and June 12, 2017.
The action, which was filed in the United States District Court for
the Southern District of New York, alleges that the Company
violated federal securities laws.
The complaint alleges that throughout the Class Period,
Defendants made false and/or misleading statements and/or failed to
disclose that: (i) Sky Solar’s Code of Business Conduct and Ethics,
and the Code’s enforcement by the Company’s Board of Directors,
were inadequate to detect and/or deter misconduct by Sky Solar’s
officers and directors; (ii) consequently, Sky Solar’s founder
Weili Su was involved in undisclosed misconduct during his tenure
at the Company; and (iii) as a result of the foregoing, Sky Solar’s
public statements were materially false and misleading at all
relevant times.
Shareholders have until August 15, 2017 to petition the
court for lead plaintiff status. Your ability to share in any
recovery does not require that you serve as lead plaintiff. You may
choose to be an absent class member.
If you suffered a loss during the class period and wish to
obtain additional information, please contact Joseph Klein, Esq. by
telephone at 212-616-4899 or visit
http://www.kleinstocklaw.com/pslra-sbm/sky-solar-holdings-ltd?wire=2.
Joseph Klein, Esq. is an experienced attorney and has also
practiced as a Certified Public Accountant. Mr. Klein represents
investors and participates in securities litigations involving
financial fraud throughout the nation. Attorney advertising. Prior
results do not guarantee similar outcomes.
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The Klein Law FirmJoseph Klein, Esq.Empire State Building350
Fifth Avenue59th floorNew York, NY 10118Telephone: (212)
616-4899Fax: (347) 558-9665www.kleinstocklaw.com
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