MAXN IMPORTANT DEADLINE: ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Maxeon Solar Technologies, Ltd. Investors to Secure Counsel Before Important August 26 Deadline in Securities Class Action – MAXN

Core Viewpoint - Rosen Law Firm is reminding investors who purchased Maxeon Solar Technologies, Ltd. securities between November 15, 2023, and May 29, 2024, of the upcoming lead plaintiff deadline on August 26, 2024 [1] Group 1: Class Action Details - Investors who bought Maxeon securities during the specified Class Period may be eligible for 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 are encouraged to select qualified legal counsel with a successful track record in securities class actions [4] Group 2: Case Allegations - The lawsuit alleges that Maxeon made false or misleading statements and failed to disclose critical information, including reliance on exclusive sales to SunPower Corp. [5] - Following the termination of the Master Supply Agreement with SunPower, Maxeon faced challenges in ramping up sales, leading to a significant revenue decline and a serious cash flow crisis [5] - The misleading statements from the defendants regarding Maxeon's business operations and prospects resulted in investor damages when the true situation became known [5]