New York, New York, Jul 08, 2020 (Newsfile Corp via COMTEX) -- New York, New York--(Newsfile Corp. - July 8, 2020) - The following statement is being issued by Levi & Korsinsky, LLP:
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To: All Persons or Entities who purchased Sunrun Inc. ("Sunrun" or the "Company") stock /zigman2/quotes/205021014/composite RUN -1.77% prior to July 6, 2020.
You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the merger of Sunrun with Vivint Solar, Inc. ("Vivint") /zigman2/quotes/202100570/composite VSLR -1.77% . Under the terms of the merger, each share of Vivint common stock will be exchanged for 0.55 shares of Sunrun common stock. Upon completion of the transaction, Vivint Solar stockholders are expected to own approximately 36% and Sunrun stockholders are expected to own approximately 64% of the fully diluted shares of the combined company. To learn more about the action and your rights, go to :
or contact Joseph E. Levi, Esq. either via email at email@example.com or by telephone at (212) 363-7500. There is no cost or obligation to you .
The Sunrun merger investigation concerns whether the Board of Sunrun breached their fiduciary or other legal duties to stockholders in connection with this transaction, and whether the merger undervalues Sunrun relative to Vivint, thereby harming Sunrun shareholders.
Levi & Korsinsky is a nationally recognized firm with offices in New York, Connecticut, California, and Washington D.C. The firm's attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities lawsuits and have recovered hundreds of millions of dollars for aggrieved shareholders . For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
55 Broadway, 10th Floor
New York, NY 10006
Tel: (212) 363-7500
Fax: (212) 363-7171
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