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].
Breaking News: Johnson Fistel, LLP Investigates Maxeon Solar (MAXN) Following Update to Shareholders