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Stinson Leonard Street LLP Files Class Action on Behalf of Proposed Class of Purchasers or Holders of Solid Waste Disposal Facilities Revenue Bonds Issued by Industrial Development Authority of the City of Phoenix, AZ for the Vieste SPE, LLCGlendale, AZ Project

Stinson Leonard Street LLP announces that a class action lawsuit was
filed on April 27, 2018, in the Superior Court of Maricopa County on
behalf of a proposed Class of purchasers or holders of Solid Waste
Disposal Facilities Revenue Bonds issued by the Industrial Development
Authority of the City of Phoenix, Arizona for the Vieste SPE, LLC –
Glendale, Arizona Project consisting of $21,485,000 Tax-Exempt Series
2013A and $745,000 Taxable Series 2013B bonds, sold through an Official
Statement dated April 17, 2013. These bonds bear CUSIP numbers
71884RAE2, 71884RAC6, 71884RAF9, 71884RAG7, 71884RAH5, 71884RAD4. The
case was removed to the United States District Court for the District of
Arizona on May 30, 2018, and is current pending as case number
2:18-cv-01637-ROS.

If you are a member of the Class described above, you may, no later than
60 days from the date of this notice, move the Court to serve as lead
plaintiff of the proposed Class. To serve as lead plaintiff you must
meet certain legal requirements.

The complaint alleges generally that the above-described Official
Statement contained material misrepresentations and omissions, and the
complaint seeks recovery from Vieste SPE, LLC; Vieste Energy, LLC;
Herbert J. Sims & Co.; and Lawson Financial Corporation; as well as
certain officers and other control-persons of the foregoing entities. In
addition to the companies, the complaint also names as defendants Mark
and Jane Doe Branaman, Michael A. and Jane Doe Comparato, Joseph A. and
Jane Doe Cook, Donald W. and Jane Doe Currise, Joshua D. and Jane Doe
Rogers, Xan and Jane Doe Smith, and Robert and Pamela Lawson. The
complaint alleges claims for primary and secondary liability under the
Arizona Securities Act.

The named plaintiffs who purchased securities sold by Vieste SPE, LLC
are represented by Jeffrey Goulder and Stefan Palys of the law firm
Stinson Leonard Street LLP.

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