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Suntech Power Sued by Investor Trondheim Seeking $550,000

Suntech Power Holdings Co., the Chinese solar-cell maker whose main unit was pulled into bankruptcy proceedings in March, was sued by investors seeking $550,000 due on securities.

Trondheim Capital Partners LP and Michael Meixler filed the suit in New York State Supreme Court in Manhattan yesterday. They’re requesting a pretrial ruling ordering Wuxi, China-based Suntech to pay $550,000 in principal due on 3 percent 2013 convertible senior notes, plus interest, costs, expenses and legal fees, according to court filings.