Class Action Reports

SPWR Class Action: Learn About the SunPower Corporation Lawsuit

Levi & Korsinsky, LLP

February 23, 2022

Levi & Korsinsky, LLP announces that an SPWR class action lawsuit has been filed on behalf of investors who purchased SunPower Corporation (SPWR) securities between August 3, 2021, and January 20, 2022. For more on the SPWR Lawsuit please contact us today.

 

 

 

According to the SunPower Corporation lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) certain connectors used by SunPower suffered from cracking issues; (2) as a result, the Company was reasonably likely to incur costs to remediate the faulty connectors; (3) as a result of the foregoing, SunPower’s financial results would be adversely impacted; and (4) as a result of the foregoing, defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

 

TO LEARN MORE ABOUT THE SPWR CLASS ACTION LAWSUIT, CLICK HERE

 

If you suffered a loss in SunPower Corporation you have until April 18, 2022, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com