investors can Contact the law firm for free to learn more about recovering their losses
LOS ANGELES, Sept. 29, 2022 (GLOBE NEWSWIRE) — The law firm of Portnoy advises Sunlight Financial Holdings Inc. (“Sunlight” or the “Company”) (NYSE: SUNL) Investors that the law firm has opened an investigation on behalf of investors who lost money on their Sunlight shares. Sun investors are encouraged to do so Contact the company to discuss their legal rights.
Investors are encouraged to contact an attorney Lesley F Portnoyby phone 844-767-8529 or E-mail: [email protected]to discuss your legal rights, or click here to join the case about www.portnoylaw.com. Portnoy Law Firm can provide a free case assessment and discuss investors’ options for making claims to recover their losses.
On September 28, 2022, Sunlight announced that “an installer liquidity event and volatile interest rates will impact its full-year 2022 financial performance. As a result, the Company is withdrawing its previously provided full-year 2022 guidance metrics.”
The company further announced that “one of Sunlight’s largest solar installers has informed the company that the installer is in the process of ceasing operations due to cash flow issues, likely limiting its ability to fully meet its financial obligations. As a result, Sunlight expects to recognize an impairment of $30 million to $33 million in advance payments made to this installer on the Company’s September 30, 2022 balance sheet.”
On September 29, 2022, Sunlight’s stock fell over 50% on the news, hurting investors.
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Portnoy Law Firm represents investors in asserting claims against companies caused by wrongdoing. The firm’s founding partner has recovered over $5.5 billion for aggrieved investors. attorney advertising. Previous results do not guarantee similar results.
Continue to read on GlobeNewswire https://www.globenewswire.com/news-release/2022/09/30/2525704/0/en/Sunlight-Financial-Holdings-Inc-SUNL-Investors-Please-contact-the-Portnoy-Law-Firm-to-recover-your-losses.html