31 Mar '16, 9pm

SunEdison under US Department of Justice investigation

SunEdison under US Department of Justice investigation

SunEdison has disclosed that it has received a subpoena from the U.S. Department of Justice (DOJ) regarding the failed acquisition of Vivint Solar and related actions associated with its two yieldco subsidiaries. Embattled renewables firm SunEdison has disclosed that it has received a subpoena from the U.S. Department of Justice (DOJ) regarding the failed acquisition of Vivint Solar and related actions associated with its two yieldco subsidiaries. SunEdison said in an SEC filing the following: On March 28, 2016, SunEdison, Inc. (the “Company”) received a subpoena from the U.S. Department of Justice (the “DOJ”) seeking information and documentation relating to: (i) certain financing activities in connection with the Company's acquisition of Vivint Solar, Inc., (ii) the conduct of a former non-executive employee who is alleged to have committed wrongdoing in connection with ...

Full article: http://www.pv-tech.org/news/sunedison-under-us-department...

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