Sunedison Inc. (fka SUNEQ)

[FEED_THE_FOXES]

Both the SEC and DOJ launched investigations in March 2016. If they had found anything criminal they would have interrupted the bankruptcy proceedings by now and petitioned the Court for lawful consideration. It is highly likely that they found what SUNE's internal investigation found which is no wrongdoing but incompetence (my interpretation of their stated findings). "Incompetence" is a euphemistic term for "they (management= Chatila & Wuebbels) didn't have a clue as to what they were doing" because they had no experience in the energy project development business. For example, you don't pay $2.5 billion for a company (First Wind) that at the time of sale had less than $100 million in equity, +$650 million in Accumulated Deficits and had never shown a profit. NO profits! Ever, after +7 years in business! The government will expend no funds to do other than what they have done so far because they have no cause to do so and there is NO MONEY to be found after the secured creditors get paid.