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 bought Maxeon securities between November 15, 2023, and May 29, 2024, 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 can join by contacting the law firm or submitting a form [3][6]. - The lawsuit alleges that Maxeon made false or misleading statements regarding its reliance on sales to SunPower Corp., which led to a significant decline in revenue and a cash flow crisis [5]. Group 2: Law Firm Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest settlement against a Chinese company and being ranked No. 1 for securities class action settlements in 2017 [4]. - The firm has recovered hundreds of millions of dollars for investors, including over $438 million in 2019 alone [4]. - Founding partner Laurence Rosen has been recognized as a leading figure in the plaintiffs' bar, highlighting the firm's expertise in this area [4].
MAXN DEADLINE TOMORROW: ROSEN, NATIONALLY REGARDED INVESTOR COUNSEL, Encourages Maxeon Solar Technologies, Ltd. Investors to Secure Counsel Before Important August 26 Deadline in Securities Class Action – MAXN