MAXN Investors Have Opportunity to Lead Maxeon Solar Technologies, Ltd. Securities Fraud Lawsuit

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]