SAN DIEGO, May 30, 2024 (GLOBE NEWSWIRE) — Shareholder rights law firm Johnson Fistel, LLP is investigating potential violations of securities laws by Maxeon Solar Technologies, Ltd. (“company” or “Maxeon”) (NASDAQ: MAXN). We examine whether the company or its executives failed to disclose material information to investors that resulted in the loss of their investments. If you purchased Maxeon securities and suffered a loss, we encourage you to join our investigation to potentially file claims and redress federal securities laws.
Click here to join the investigation
What if I buy Maxeon securities? If you believe you may have a potential claim against Maxeon and would like to participate in the investigation or learn more about your legal rights and options, please contact Johnson Fistel, LLP at (619) 814-4471 or click here to join the investigation online. There is no cost or obligation to you.
What is Johnson Fistel investigating? On May 30, 2024, Maxeon released its financial results for the quarter ended March 31, 2024 and provided an update on its business operations. After the financial results were released, Maxeon’s stock took a major tumble, trading down more than 50% in premarket trading.
What if I have relevant non-public information? Individuals with nonpublic information about a company should consider assisting our investigation or using the SEC Whistleblower Program. Under the SEC program, whistleblowers who provide original information may, under certain circumstances, receive awards of up to thirty percent of successful recoveries made by the SEC. For more information, contact Jim Baker at (619) 814-4471 or jimb@johnsonfistel.com.
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Johnson Fistel, LLP is a nationally recognized shareholder rights law firm with offices in California, New York, Georgia and Colorado. The firm represents individual and institutional investors in shareholder derivative and securities class actions. We also extend our services to foreign investors who have purchased on US exchanges. Stay up-to-date on stock market downturns and learn how Johnson Fistel, LLP can help you recover your losses. For more information about the firm and its lawyers, visit http://www.johnsonfistel.com.
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Johnson Fistel, LLP
501 W. Broadway, Suite 800, San Diego, CA 92101
James Baker, Investor Relations or Frank J. Johnson, Esq., (619) 814-4471
jimb@johnsonfistel.com or fjohnson@johnsonfistel.com