According to the lawsuit, defendants made false and/or misleading statements and/or failed to disclose that:
- Sunnova routinely engaged in predatory business practices against disadvantaged homeowners and communities, the same groups that Project Hestia, an agreement with Sunnova and the U.S. Department of Energy’s Loan Programs Office to support solar loans originated by Sunnova under a new solar loan channel, was purportedly intended to benefit;
- the foregoing conduct subjected Sunnova to a heightened risk of regulatory and/or governmental scrutiny, as well as significant reputational and/or financial harm; and
- as a result, Sunnova’s public statements were materially false and misleading at all relevant times.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
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