NEW YORK, April 20, 2016 (GLOBE NEWSWIRE) -- The following statement is being issued by Levi & Korsinsky, LLP:
To: All persons or entities who purchased or otherwise acquired NRG Yield, Inc. (“NRG Yield” or the “Company”) (NYSE:NYLD) Class C common stock pursuant and/or traceable to the Company’s Class C stock offering completed on June 29, 2015.
You are hereby notified that a securities class action has been commenced in the Superior Court of the State of California, County of Kern. If you purchased or otherwise acquired NRG Yield Class C common stock pursuant to the June 29, 2015 stock offering, your rights may be affected by this action. To get more information go to: http://zlk.9nl.com/nrg-yield-nyld.
The Complaint alleges that defendants made materially false and misleading statements, and omitted materially adverse facts in documents related to the Class C stock offering. In particular, the complaint alleges that the Registration Statement failed to disclose material facts and trends concerning “historically low wind speeds” during the second quarter of 2015, including that the resulting poor wind production would have a significant adverse impact on NYLD’s performance and results for the second quarter of 2015.”
If you suffered a loss in NRG Yield and would like additional information, contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlk.9nl.com/nrg-yield-nyld.
Levi & Korsinsky is a national firm with offices in New York, New Jersey, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation involving financial fraud, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.