The shareholders destroyed their credibility since day one by alleging fraud in letters to the judge without evidence. The business model is simple: SUNE develops projects and sells them when completed to yieldcos or 3rd parties for a profit in tax equity structures (partnership flip, fixed flip, sale leaseback or inverted leases) to maximize returns for the buyer with tax appetite. The assets that were transferred to the yieldcos were exchanged for SUNE's equity stakes in TERP and GLBL. That equity stake doubled in value when TERP was selling at $40 in early 2015 because energy prices were high and the market was seeking yield. When the market turned, all RE companies got their asses handed to them. SolarCity went from over $70 to certain bankruptcy if Tesla didn't bail them out. SUNE was overleveraged to RE assets because Chatila made a gamble that RE asset prices will continue upward in 2015 and beyond. If oil stayed at $100, SUNE may be a $100 stock by now. Blame Chatila for making a bad gamble. He has paid for it by being subject to multiple lawsuits and put in career purgatory.
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