LOS ANGELES, Aug. 22, 2024 /PRNewswire/ — Dive into the complex world of securities fraud with Maxeon Solar Technologies, Ltd. (“Maxeon” or the “Company”) and the looming class action lawsuit facing investors who suffered significant losses..
Class Period: November 15, 2023 – May 29, 2024
Lead Plaintiff Deadline: August 26, 2024
Venture further into the details here.
The legal complaint asserts that, over the Class Period, the Company’s higher-ups omitted crucial information from investors, such as the heavy reliance on exclusive product sales to SunPower, leading to a downward spiral in revenue and cash flow due to the termination of a vital agreement.
For real-time updates, find us on Twitter: twitter.com/FRC_LAW.
To understand the intricacies of this legal battle, investors can choose to stay informed and seek counsel or remain on the sidelines. For inquiries and details on the upcoming class action lawsuit, reach out to Frank R. Cruz at The Law Offices of Frank R. Cruz, located at 2121 Avenue of the Stars, Suite 800, Century City, California 90067, by phone at 310-914-5007, via email at info@frankcruzlaw.com, or visit www.frankcruzlaw.com.
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SOURCE The Law Offices of Frank R. Cruz, Los Angeles