Press release
Deadline on April 18th coming up in Lawsuit for Investors in shares of SunPower Corporation (NASDAQ: SPWR)
A Deadline is coming up on April 18, 2022 in the lawsuit for certain investors in SunPower Corporation (NASDAQ: SPWR).
Investors who purchased shares of SunPower Corporation (NASDAQ: SPWR) have certain options and there are strict and short deadlines running. Deadline: April 18, 2022. NASDAQ: SPWR stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
According to the complaint filed in the U.S. District Court for the Northern District of California the plaintiff alleges on behalf of purchasers of SunPower Corporation (NASDAQ: SPWR) common shares between August 3, 2021 and January 20, 2022, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between August 3, 2021 and January 20, 2022, the defendants made false and misleading statements and failed to disclose that certain connectors used by SunPower suffered from cracking issues, that as a result, SunPower was reasonably likely to incur costs to remediate the faulty connectors, that consequently, SunPower's financial results would be adversely impacted, and that thus, defendants' positive statements about SunPower's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
Those who purchased shares of SunPower Corporation (NASDAQ: SPWR) have certain options and should contact the Shareholders Foundation.
Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
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