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Terraform Labs Files For Chapter 11 Bankruptcy Protection Amid Legal Woes Facing Co-Founder Do Kwon
Sunday, January 21, 2024 - 11:41pm | 467Read More...Terraform Labs, the parent company of the defunct stablecoin TerraUSD, has submitted a petition for Chapter 11 bankruptcy protection in the United States. What Happened: Do Kwon co-founded Terraform Labs lodged an official request for Chapter 11 bankruptcy protection...
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Terraform Labs' Founder Do Kwon Fails To Overturn Passport Fraud Conviction
Friday, November 17, 2023 - 1:20am | 427Read More...Do Kwon, the former CEO and founder of Terraform Labs, has been unsuccessful in his appeal against a passport fraud conviction mandated by a court in Montenegro. What Happened: CryptoSlate reported on Wednesday that Kwon and his associate, Han Chang-joon, had been indicted for passport document...
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TerraForm Global Completes Acquisition Of Alto Cielo Solar Farm
Monday, April 11, 2016 - 3:38pm | 187Read More...TerraForm Global Inc (NASDAQ: GLBL) announced on Friday it has closed the acquisition of the 26.4 MW capacity Alto Cielo solar plant in Uruguay for approximately $35.4 million. According to Bloomberg, TerraForm's acquisition represents something "its parent [SunEdison] has struggled to...
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TerraForm Power Ticks Up As David Tepper Raises Take
Friday, April 1, 2016 - 9:41am | 121Read More...Shares of TerraForm Power Inc (NASDAQ: TERP) were trading higher by more than 4 percent after Friday's market open as a major investor disclosed an increased stake in the company. David Tepper's Appaloosa Capital revealed in a regulatory filing that it has increased in stake in...
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TerraForm Power, Global Announces Resignation Of CEO
Thursday, March 31, 2016 - 7:10am | 320Read More...TerraForm Power Inc (NASDAQ: TERP) announced Thursday morning that Brian Wuebbels has resigned as President, CEO and member of the company's Board of Directors, effective immediately. Wuebbels was also CEO of TerraForm Global Inc (NASDAQ: GLBL). Investors and traders appear to have...
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David Tepper: SunEdison Is Holding Back TerraForm's Value
Tuesday, December 1, 2015 - 12:01pm | 613Read More...Shares of Sunedison Inc (NYSE: SUNE) have plunged nearly 85 percent over the past year. Hedge fund manager David Tepper delivered a scathing letter to the company's Board of Directors on Tuesday. Tepper highlighted the company's "strategic focus around acquiring projects...
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Dow, S&P 500 Add To Gains Following Encouraging International News
Tuesday, November 18, 2014 - 6:02pm | 1050Read More...U.S. stocks rose on Tuesday, lifting the Dow and S&P 500 to new all-time highs as investors found positives in data releases, including the NAHB Housing Market Index, which rose more than expected. In Europe, German investor confidence saw the largest increase in 11 months while European...
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Market Wrap For May 29: Investors Welcome Another Record High For The S&P 500
Thursday, May 29, 2014 - 4:41pm | 2596Read More...U.S. stocks gained on Thursday despite the Commerce Department reporting that U.S. gross domestic product declined at a one percent annualized rate in the quarter. Analysts were expecting GDP to decline 0.4 percent. Pending home sales were below expectations but investors may have shrugged off...
