Faruqi and Faruqui, LLP Logo
Share this page

Sky Solar Holdings, Ltd. (SKYS)

NASDAQ:SKYS

Summary

Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $50,000 Investing In Sky Solar Holdings, Ltd. To Contact The Firm

Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential securities fraud at Sky Solar Holdings, Ltd. (“Sky Solar” or the “Company”) (NASDAQ:SKYS).

The investigation focuses on whether the Company and its executives violated federal securities laws.  Specifically, on June 13, 2017, the Company announced that after reviewing conduct of its former Chief Executive Officer, Mr. Weili Su (the “Former CEO”), its Management Committee intends to recommend that the Company’s board of directors form a committee to investigate its Former CEO. 

Then on June 15, 2017, the Company announced, in part, that the investigation concerns “certain transactions and fund transfers which appear to lack proper board and audit committee authorizations” and that the Company is “evaluating the potential impact of these transactions and fund transfers.” 

Subsequently on June 16, 2017, the Company announced, among other things, that on June 15, 2017 the Company established an independent committee to investigate the conduct of its Former CEO.

On these announcements, Sky Solar’s share price has significantly declined, causing harm to investors.

If you invested in Sky Solar stock or options and would like to discuss your legal rights, please fill out the form below. You can also contact us by calling Richard Gonnello toll free at 877-247-4292 or at 212-983-9330 or by sending an e-mail to rgonnello@faruqilaw.com.

Request Information

Please tell us about yourself by completing the form and we will provide you with additional
information on how to join the Class Action at no cost to you.

  • Case:
    Sky Solar Holdings, Ltd. (SKYS)
  •    

* The submission of this form does not create an attorney-client relationship.

Contact Counsel

Richard W. Gonnello
Faruqi & Faruqi, LLP
685 Third Avenue 26th Floor
New York, NY 10017
Tel: (212) 983-9330

Email:

Case Details

Date:

  • 06/14/2017

Send Information

If you have information regarding this case that you would like to make available, please click here to contact us about our investigation.