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SunEdison, Facing More Legal Woes, Plunges to 14-Year Low

  • Company faces hearing next week about $1.9 billion Vivint deal
  • Judge issued restraining order Thursday on Latin America suit
Updated on

SunEdison Inc., the worst performing renewable-energy company in the past year, fell to a 14-year low as it contends with two legal disputes.

On Tuesday it will face a hearing to defend its planned $1.9 billion acquisition of Vivint Solar Inc. And yesterday, a judge ordered it to refrain from shifting some assets during a lawsuit over a failed acquisition in Latin America.