SHAREHOLDER NOTICE: Brodsky & Smith, LLC Announces an Investigation of Sunworks, Inc. (Nasdaq – SUNW)

BALA CYNWYD – August 11, 2020 /Access Wire/ – Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Sunworks, Inc. (“Sunworks” or the “Company”) (Nasdaq – SUNW) for possible breaches of fiduciary duty and other violations of federal and state law in connection with the agreement to be acquired by The Peck Company Holdings, Inc. (“Peck”) (Nasdaq – PECK). Under the terms of the agreement, Sunworks shareholders will receive only 0.185171 shares of Peck common stock (subject to certain adjustments) for each share of Sunworks they own, for an implied price of $.79 a share (based on Peck’s closing price on August 10, 2020).

The investigation concerns whether the Sunworks Board breached its fiduciary duties to shareholders by failing to conduct a fair process and whether Peck is underpaying for the Company. For example, the deal price is well below Sunworks’ 52-week high of $4.10 a share and Sunworks’ shareholders will suffer a significant dilution as a result of the proposed transaction.

If you own shares of Sunworks stock and wish to discuss the legal ramifications of the investigation, or have any questions, you may e-mail or call the law office of Brodsky & Smith, LLC who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire, or Marc L. Ackerman, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite 510, Bala Cynwyd, PA 19004, or call toll free 877-534-2590.

Brodsky & Smith, LLC is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class action lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous courts throughout the country to serve as lead counsel in class actions and have successfully recovered millions of dollars for our clients and shareholders. Attorney advertising. Prior results do not guarantee a similar outcome.