MAXN DEADLINE: ROSEN, RECOGNIZED 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 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].