Core Viewpoint - Rosen Law Firm is reminding investors who purchased Maxeon Solar Technologies, Ltd. securities during the specified class period of the upcoming lead plaintiff deadline on August 26, 2024 [1]. Group 1: Class Action Details - Investors who purchased Maxeon securities between November 15, 2023, and May 29, 2024, may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by August 26, 2024 [3]. - Investors can join the class action by visiting the provided link or contacting the law firm directly for more information [6]. Group 2: Law Firm Credentials - Rosen Law Firm emphasizes the importance of selecting qualified counsel with a successful track record in securities class actions, highlighting its own achievements in this area [4]. - The firm has secured the largest securities class action settlement against a Chinese company and has consistently ranked among the top firms for securities class action settlements since 2013 [4]. - In 2019, the firm recovered over $438 million for investors, showcasing its capability in handling such cases [4]. Group 3: Case Allegations - The lawsuit alleges that Maxeon made false or misleading statements regarding its reliance on sales to SunPower Corp. and the impact of the termination of their Master Supply Agreement [5]. - Following the termination of the agreement, Maxeon reportedly faced significant revenue declines and a serious cash flow crisis, contradicting previous positive statements made by the company [5]. - The lawsuit claims that when the true details became public, investors suffered damages due to the misleading information [5].

NEW YORK, Aug. 17, 2024 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Maxeon Solar Technologies, Ltd. (NASDAQ: MAXN) between November 15, 2023 and May 29, 2024, both dates inclusive (the "Class Period"), of the important August 26, 2024 lead plaintiff deadline. SO WHAT: If you purchased Maxeon securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arr ...

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In Maxeon To Contact Him Directly To Discuss Their Options If you suffered losses exceeding $50,000 investing in Maxeon stock or options between November 15, 2023 and May 29, 2024 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). You may also click here for additional information: www.faruqi ...

LOS ANGELES, Aug. 6, 2024 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Maxeon Solar Technologies, Ltd. ("Maxeon" or "the Company") (NASDAQ: MAXN) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between November 15, 2023 and May 29, 2024, inclusive (the "Class ...

NEW YORK, Aug. 04, 2024 (GLOBE NEWSWIRE) -- ______________________ WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Maxeon Solar Technologies, Ltd. (NASDAQ: MAXN) between November 15, 2023 and May 29, 2024, both dates inclusive (the "Class Period"), of the important August 26, 2024 lead plaintiff deadline. SO WHAT: If you purchased Maxeon securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs throug ...

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In Maxeon To Contact Him Directly To Discuss Their Options If you suffered losses exceeding $50,000 investing in Maxeon stock or options between November 15, 2023 and May 29, 2024 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). You may also click here for additional information: www.faruqi ...

Core Viewpoint - Rosen Law Firm is reminding investors who purchased Maxeon Solar Technologies, Ltd. securities during the specified class period of the upcoming lead plaintiff deadline on August 26, 2024 [1]. Group 1: Class Action Details - Investors who purchased Maxeon securities between November 15, 2023, and May 29, 2024, may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties can join by contacting the firm or visiting their website [3][6]. - The lawsuit alleges that Maxeon made false or misleading statements regarding its business operations, particularly concerning its reliance on SunPower Corp. and the impact of the termination of their supply agreement [5]. Group 2: Legal Representation - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a proven track record in securities class actions, highlighting their own success in recovering significant settlements for investors [4]. - The firm has been recognized for its leadership in securities class action settlements, achieving the largest settlement against a Chinese company and ranking highly in the number of settlements since 2013 [4].

Financial Performance - Maxeon reported a 41% year-over-year decline in revenue for Q1 2024, totaling $187.5 million [1] - The company is facing a serious cash flow challenge due to the termination of the SunPower supply agreement [1] Shareholder Impact - The termination of the supply agreement has forced Maxeon to negotiate significant liquidity support, leading to substantial dilution for existing public shareholders [1] - TCL Zhonghuan Renewable Energy Technology Co. Ltd. is expected to become a controlling shareholder as a result of these negotiations [1] Legal Proceedings - A class action lawsuit has been filed against Maxeon, alleging that the company made materially false and misleading statements regarding its business and operations during the Class Period [1] - The Class Period is defined as November 15, 2023, to May 29, 2024, and investors can request to be appointed as lead plaintiff by August 26, 2024 [2][3] Market Reaction - Following the announcement of the financial results, Maxeon's share price fell by 34.7%, or $1.08, closing at $2.03 per share on May 30, 2024, with unusually heavy trading volume [4]

If you suffered losses exceeding $50,000 investing in Maxeon stock or options between November 15, 2023 and May 29, 2024 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). You may also click here for additional information: www.faruqilaw.com/MAXN. Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollar ...

Maxeon continues to build its trusted partner ecosystem with dealers and installers that choose to offer the best solar products and who provide outstanding customer service with quality and integrity. As a result, businesses and homeowners can be confident that when they choose Maxeon, the dealers and installers who sell and install their system are highly professional, do the job right, and will be there after the project is complete to provide support. Maxeon Solar Technologies (NASDAQ: MAXN) is Powering ...