Legal Opinion

In re Sunedison, Inc.

District Court, S.D. Illinois

Decided March 6, 2018No. 16–md–2742 (PKC); 16–mc–2742 (PKC); 16–cv–7917 (PKC)PublishedCited by 19 opinions

1Opinion of the Court

CASTEL, U.S.D.J.

SunEdison, Inc. ("SunEdison," or the "Company") was briefly one of the world's largest renewable-energy companies. As described in the Second Amended Consolidated Securities Class Action Complaint (the "Complaint"), from 2014 to 2016, SunEdison's management made a series of disastrous and short-sighted business decisions, many of which grew out of urgent liquidity needs caused by the Company's expansion. It filed for Chapter 11 bankruptcy protection in 2016,

According to plaintiffs, while SunEdison scrambled to raise financing, defendants made a series of material misstatements…

2Cases cited62 opinions

  1. Ashcroft v. IqbalSupreme Court of the United States · 2009
  2. Bell Atlantic Corp. v. TwomblySupreme Court of the United States · 2007
  3. Chevron U. S. A. Inc. v. Natural Resources Defense Council, Inc.Supreme Court of the United States · 1984
  4. Tellabs, Inc. v. Makor Issues & Rights, Ltd.Supreme Court of the United States · 2007
  5. United States v. Mead Corp.Supreme Court of the United States · 2001

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3Cited by19 opinions

  1. Barilli v. Sky Solar Holdings, Ltd.District Court, S.D. Illinois · 2019
  2. In re Omega Healthcare Investors, Inc.District Court, S.D. Illinois · 2019
  3. Barilli v. Sky Solar Holdings, Ltd.District Court, S.D. New York · 2019
  4. Brian Hoare, individually and on behalf of all others similarly situated v. Oddity Tech Ltd., et al.District Court, S.D. New York · 2026
  5. Caron v. TD AmeritradeDistrict Court, S.D. New York · 2020

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