Andrews & Springer LLC filed a class action complaint on behalf of public stockholders of Vivint Solar, Inc. in the Delaware Court of Chancery, civil action number 11888-VCL.

The complaint alleges breaches of fiduciary duty by Vivint Solar’s controlling stockholders, The Blackstone Group L.P. and 313 Acquisition, as well as members of the Vivint Board of Directors. The controlling stockholders allegedly exploited control over the company by navigating Vivint Solar into an unfair merger with SunEdison through which Vivint Solar’s conflicted controlling stockholder, Blackstone and 313, would receive certain disparate consideration and other financial benefits not shared by the Company’s minority’s stockholders.

Please click here for a copy of the Verified Amended Class Action Complaint.