Sunnova Energy faces a class-action lawsuit for alleged violations of federal securities laws and non-disclosure of predatory practices.
Sunnova Energy International Inc. (NOVA) is facing a class-action lawsuit for alleged violations of federal securities laws. The lawsuit alleges that Sunnova mislead investors by not disclosing its predatory business practices against disadvantaged homeowners and communities, as well as the heightened risk of regulatory and government scrutiny due to these practices. The lawsuit seeks to recover damages on behalf of investors who purchased Sunnova securities between February 25, 2020, and December 7, 2023.
February 19, 2024
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