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MAXN Investors Have Opportunity to Lead Maxeon Solar Technologies, Ltd. Securities Fraud Lawsuit
Prnewswire· 2024-07-01 14:30
Group 1 - The Rosen Law Firm has filed a class action lawsuit on behalf of purchasers of Maxeon Solar Technologies, Ltd. securities between November 15, 2023, and May 29, 2024, inclusive [5] - The lawsuit alleges that Maxeon made false and misleading statements regarding its reliance on exclusive sales to SunPower Corp. and the impact of the termination of their Master Supply Agreement, which led to a significant decline in revenue and a cash flow crisis [6] - Investors are encouraged to join the class action and may be entitled to compensation without out-of-pocket fees through a contingency fee arrangement [1][2] Group 2 - A lead plaintiff must be appointed by August 26, 2024, to represent other class members in the litigation [5][8] - The class has not yet been certified, meaning investors are not represented by counsel unless they retain one [9] - The lawsuit claims that when the true details about Maxeon's business operations were revealed, investors suffered damages [6]
SHAREHOLDER ALERT: Pomerantz Law Firm Announces the Filing of a Class Action Against Maxeon Solar Technologies, Ltd. - MAXN
GlobeNewswire News Room· 2024-06-30 17:08
NEW YORK, June 30, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Maxeon Solar Technologies, Ltd. ("Maxeon" or the "Company") (NASDAQ: MAXN). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, (or 888.4- POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased. The class action concerns whether Maxeon and cert ...
MAXEON ALERT: Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against Maxeon Solar Technologies, Ltd.
GlobeNewswire News Room· 2024-06-29 06:30
NEW YORK, June 29, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, announces that a class action lawsuit has been filed against Maxeon Solar Technologies, Ltd. ("Maxeon" or the "Company") (NASDAQ: MAXN) in the United States District Court for the Northern District of California on behalf of all persons and entities who purchased or otherwise acquired Maxeon securities between November 15, 2023 and May 29, 2024, both dates inclusive (the "Class Perio ...
Shareholder Alert: Robbins LLP Informs Stockholders of the Class Action Filed Against Maxeon Solar Technologies, Ltd. (MAXN)
GlobeNewswire News Room· 2024-06-28 21:22
SAN DIEGO, June 28, 2024 (GLOBE NEWSWIRE) -- Robbins LLP informs investors that a shareholder filed a class action on behalf of persons and entities that purchased or otherwise acquired Maxeon Solar Technologies, Ltd. (NASDAQ: MAXN) securities between November 15, 2023 and May 29, 2024. Maxeon is a global manufacturer and marketer of solar technology. The Allegations: Robbins LLP is Investigating Allegations that Maxeon Solar Technologies, Ltd. (MAXN) Misled Investors Regarding its Business Prospects In mid ...
Johnson Fistel Reminds Maxeon Shareholders of Upcoming Class Action Deadline. Investors are Encouraged to Seek Counsel
GlobeNewswire News Room· 2024-06-28 21:06
SUBMIT YOUR INFORMATION NOW There is no cost or obligation to you. The complaint alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company's business, operations, and prospects. Specifically, the Complaint alleges that Defendants failed to disclose to investors: (1) that Maxeon relied on the exclusive sales of certain products to SunPower; (2) that, following the termination of the Master Su ...
MAXALERT: Bragar Eagel & Squire, P.C. is Investigating Maxeon Solar Technologies, Ltd.
GlobeNewswire News Room· 2024-06-26 01:00
NEW YORK, June 25, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against Maxeon Solar Technologies, Ltd. ("Maxeon" or the "Company") (NASDAQ: MAXN) on behalf of Maxeon stockholders. Our investigation concerns whether Maxeon has violated the federal securities laws and/or engaged in other unlawful business practices. On May 13, 2024, Maxeon disclosed that it would delay its SEC filing and the release of its financi ...
Breaking News: Johnson Fistel, LLP Investigates Maxeon Solar (MAXN) Following Update to Shareholders
GlobeNewswire News Room· 2024-06-21 15:39
Core Viewpoint - Johnson Fistel, LLP is investigating potential violations of securities laws by Maxeon Solar Technologies, Ltd. following a significant decline in its stock price after the release of its financial performance for Q1 2024 [1][2]. Group 1: Investigation Details - The investigation focuses on whether Maxeon or its executives failed to disclose critical information to investors, which may have led to investment losses [1]. - Following the financial results announcement on May 30, 2024, Maxeon's stock dropped more than 50% in premarket trading [2]. Group 2: Legal Options for Investors - Investors who purchased Maxeon securities and experienced losses are encouraged to join the investigation to potentially make claims under federal securities laws [1][4]. - There is no cost or obligation for investors to participate in the investigation [4]. Group 3: About Johnson Fistel, LLP - Johnson Fistel, LLP is a nationally recognized law firm specializing in shareholder rights and securities fraud, with offices in multiple states [5]. - The firm represents both individual and institutional investors in derivative and class action lawsuits related to securities [5].
Maxeon to Showcase Latest Solar Energy Innovations and New Panel Technologies at Intersolar Europe 2024
Prnewswire· 2024-06-17 12:35
SINGAPORE, June 17, 2024 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. (NASDAQ: MAXN), a global leader in solar innovation and channels, today announced its presence at Intersolar Europe 2024 June 19-21, where it will showcase its latest SunPower branded energy solutions and solar panel technologies at Booth A1.350. Maxeon 7 panels produce 2X more energy over time than other solar panels,1 with over 24% efficiency and superior shade tolerance, and feature an industry-leading 40-year power, product, and se ...
Maxeon Innovation in IBC Solar Panels Eliminates Hotspot Risk
Prnewswire· 2024-06-13 12:35
SINGAPORE, June 13, 2024 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. (NASDAQ: MAXN), a global leader in solar innovation and channels, has extended its technology leadership with published results confirming the resilience of its Maxeon Interdigitated Back Contact (IBC) panels against damaging hotspots. Hotspots are concentrated areas of heat energy that predominantly result from shaded or cracked solar cells. In a white paper released today, the Company shared the results of its internal research and d ...
Largest Dairy Farm in Northeast U.S. Powers Sustainability with Innovative Solar Energy Installation from Maxeon
Prnewswire· 2024-06-06 12:45
Dairy Industry continues significant reduction in carbon footprint with the help of renewable energy SINGAPORE, June 6, 2024 /PRNewswire/ -- Oakridge Dairy in Connecticut is built upon 120 years of old school values and farming traditions, but the largest dairy farm in the Northeast U.S. is anything but old school. Oakridge practices forward-thinking, sustainable farming that promotes the land, its cows, and the community, powering its operations with advanced solar energy solutions from Maxeon Solar Techno ...