INVESTOR ALERT: Class Action Lawsuit Against SolarCity Corporation Filed by Glancy Binkow & Goldberg LLP

Glancy Binkow & Goldberg LLP, representing investors of SolarCity Corporation (“SolarCity” or the “Company”) (NASDAQ:SCTY), has filed a class action lawsuit in the United States District Court for the Northern District of California on behalf of a class (the “Class”) comprising all purchasers of SolarCity securities between March 6, 2013 and March 18, 2014, inclusive (the “Class Period”).

Please contact Glancy Binkow & Goldberg LLP, toll-free at 888-773-9224 or at 212-682-5340, or by email to shareholders@glancylaw.com to discuss this matter.

SolarCity designs, installs and sells or leases solar energy systems in the United States to government entities and residential and commercial customers. The Company operates in two primary segments: Operating Leases and Solar Energy Systems Sales. The Complaint alleges that throughout the Class Period defendants incorrectly accounted for expenses associated with the Company’s larger Sales segment, and failed to properly allocate such expenses between the Sales and Leasing segments. The Complaint further alleges that the Company was under pressure from investors to demonstrate the strength of its solar energy operations, and improperly allocated expenses between its two reporting segments in order to hide the Sales segment’s ballooning expenses, thereby inflating the segment’s reported gross margins.

If you are a member of the Class described above, you may move the Court no later than May 27, 2014, to serve as lead plaintiff, if you meet certain legal requirements. To be a member of the Class you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the Class. If you wish to learn more about this action, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Michael Goldberg, Esquire, of Glancy Binkow & Goldberg LLP, 1925 Century Park East, Suite 2100, Los Angeles, California 90067, Toll-Free at 888-773-9224, or contact Gregory Linkh, Esquire, of Glancy Binkow & Goldberg LLP at 122 E. 42nd Street, Suite 2920, New York, New York 10168, at 212-682-5340, by e-mail to shareholders@glancylaw.com, or visit our website at http://www.glancylaw.com. If you inquire by email please include your mailing address, telephone number and number of shares purchased.

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