Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE: HASI)

This investigation is for anyone who acquired securities in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE: HASI) prior to July 12, 2022.

The Law Offices of Howard G. Smith believes that the Company and certain of its executives violated federal law. Specifically, the Law Offices of Howard G. Smith believes that the Company misled investors regarding its financial condition. More specifically, the Law Offices of Howard G. Smith believes that the Company misled investors by artificially inflating its earnings.

On July 12, 2022, Muddy Waters Research published a report alleging, among other things, that HASI inflates its earnings through a loophole relating to third parties’ tax credits that will be reversed, by manipulating the discount rate applied to residual assets to “implausibly low levels”, and by booking interest from non-cash “paid in kind” interest payments, which are “essentially IOUs from stressed borrowers.” On this news, the price of the Company’s stock dropped precipitously on unusually heavy trading volume.

The Law Offices of Howard G. Smith seeks to recover damages on behalf of class members. If you acquired securities in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE: HASI) prior to July 12, 2022 you may join the lawsuit by submitting your information online, or you may call the Law Offices of Howard G. Smith and speak to Mr. Smith directly to learn how he can protect your rights.