An investigation on behalf of investors in NASDAQ:SCTY shares over potential wrongdoing at SolarCity Corp was announced and NASDAQ:SCTY stockholders should contact the Shareholders Foundation.

San Diego, CA -- (SBWire) -- 03/23/2016 --An investigation for shareholders of SolarCity Corp (NASDAQ:SCTY) was announced over potential breaches of fiduciary duties by certain SolarCity directors.

Investors who purchased shares of SolarCity Corp (NASDAQ:SCTY) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm concerns whether certain SolarCity directors breached their fiduciary duties and caused damage to the company and its shareholders.

SolarCity Corp went public in December 2012 and shares of SolarCity Corp (NASDAQ:SCTY) grew from under $11 in late 2012 to as high as $84.96 per share in February 2014.

On February 9, 2016, SolarCity Corp announced its fourth quarter and fiscal year 2015 financial results. SolarCity Corp reported that its annual Total Revenue rose from $255.03 million in 2014 to $399.62 million in 2015 while its Net Loss increased from $56.03 million in 2014 to $58.33 million in 2015.

Shares of SolarCity Corp (NASDAQ:SCTY) declined to as low as $16.30 per share on February 11, 2016.

On March 21, 2016, NASDAQ:SCTY shares closed at $26.56 per share.

Those who purchased shares of SolarCity Corp (NASDAQ:SCTY), have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com