Sunnova Energy International Inc. Faces Multiple Class Action Lawsuits
Investors allege predatory business practices and misleading statements by Sunnova Energy International Inc., with a lead plaintiff deadline set for April 16, 2024.
- Rosen Law Firm, Bronstein, Gewirtz & Grossman, LLC, and Bragar Eagel & Squire, P.C. have filed class action lawsuits against Sunnova Energy International Inc. for alleged securities law violations.
- The lawsuits cover a class period from February 25, 2020, to December 7, 2023, and accuse Sunnova of engaging in predatory practices against disadvantaged homeowners.
- Sunnova's alleged misconduct has reportedly subjected the company to increased regulatory scrutiny and potential financial and reputational harm.
- Investors who purchased Sunnova securities during the class period may be entitled to compensation without out-of-pocket fees through a contingency fee arrangement.
- The lawsuits highlight concerns over Sunnova's Project Hestia, intended to benefit disadvantaged communities, but accused of predatory sales tactics.