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SHAREHOLDER ALERT: Brower Piven Commences An Investigation Into The Proposed Sale Of SolarCity Corporation And Encourages Investors To Contact The Firm For Additional Information

STEVENSON, Md.--(BUSINESS WIRE)--The securities litigation law firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by the Board of Directors of SolarCity Corporation (NASDAQ: SCTY) (“SolarCity” or the “Company”) relating to the proposed buyout of SolarCity by Tesla Motors, Inc.

Under the terms of the agreement, SolarCity shareholders are anticipated to receive 0.110 shares of Tesla common stock for each share of SolarCity common stock they held. Based on Tesla’s closing stock price on July 29...