NASDAQ: MAXN Lawsuit Alert: Investors Who Lost Money With Shares of Maxeon Solar Technologies, Ltd. (NASDAQ: MAXN) Should Contact the Shareholders Foundation

SAN DIEGO, CA, August 19, 2024 (Newswire.com)
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A lawsuit was filed for certain investors in shares of Maxeon Solar Technologies, Ltd. (NASDAQ:MAXN). NASDAQ:MAXN investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 – 1554.

The Shareholders Foundation, Inc. announces that a lawsuit was filed for certain investors in shares of Maxeon Solar Technologies, Ltd. (NASDAQ:MAXN).

Investors that purchased shares of Maxeon Solar Technologies, Ltd. (NASDAQ:MAXN) have certain options and for certain investors are short and strict deadlines running. Deadline: August 26, 2024. NASDAQ: MAXN investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 – 1554.

On June 27, 2024, a lawsuit was filed by an investor in NASDAQ: MAXN shares against Maxeon Solar Technologies, Ltd. over alleged securities laws violations. The plaintiff alleged that the defendants failed to disclose to investors that Maxeon Solar Technologies, Ltd. relied on the exclusive sales of certain products to SunPower, that, following the termination of the Master Supply Agreement, the Company was unable to “aggressively ramp sales”, that, as a result, revenue substantially declined, that, as a result, the Company suffered a “serious cash flow” crisis, and that, 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.

Those who purchased Maxeon Solar Technologies, Ltd. (NASDAQ: MAXN) shares should contact the Shareholders Foundation, Inc.

CONTACT:

Shareholders Foundation, Inc.
Michael Daniels
+1 (858) 779-1554
mail@shareholdersfoundation.com
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108

The Shareholders Foundation, Inc. is a professional portfolio legal monitoring and a settlement claim filing service, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. The Shareholders Foundation, Inc. is not a law firm. Any referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is only provided as a public service. It is not intended as legal advice and should not be relied upon.

Contact Information

Michael Daniels
Manager
mail@shareholdersfoundation.com
858-779-1554

SOURCE: Shareholders Foundation, Inc.

Source: Shareholders Foundation, Inc.

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