SunPower

HAGENS BERMAN Alerts SunPower Corporation (SPWR) Investors with Substantial Losses to Contact Firm's Attorneys, Deadline Approaching in Securities Fraud Class Action Lawsuit

Retrieved on: 
Monday, November 20, 2023

SAN FRANCISCO, Nov. 20, 2023 (GLOBE NEWSWIRE) -- Hagens Berman urges SunPower Corporation (NASDAQ: SPWR) investors who suffered substantial losses to submit your losses now .

Key Points: 
  • SAN FRANCISCO, Nov. 20, 2023 (GLOBE NEWSWIRE) -- Hagens Berman urges SunPower Corporation (NASDAQ: SPWR) investors who suffered substantial losses to submit your losses now .
  • In response, the price of SunPower shares fell $0.90, or about 18%, on Oct. 25, 2023.
  • “We’re focused on investors’ losses and investigating whether senior management may have intentionally understated cost of revenues,” said Reed Kathrein, the Hagens Berman partner leading the investigation.
  • Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC.

SUNPOWER DEADLINE ALERT: Bragar Eagel & Squire, P.C. Reminds Investors that a Class Action Lawsuit Has Been Filed Against SunPower Corporation and Encourages Investors to Contact the Firm

Retrieved on: 
Saturday, December 23, 2023

Investors have until December 26, 2023 to apply to the Court to be appointed as lead plaintiff in the lawsuit.

Key Points: 
  • Investors have until December 26, 2023 to apply to the Court to be appointed as lead plaintiff in the lawsuit.
  • Click here to participate in the action.
  • SunPower explained that it had overstated the value of consignment inventory of certain microinverter components, causing it to understate the associated cost of revenue.
  • On this news, SunPower’s stock price fell 18.1% on October 25, 2023, on unusually high trading volume.

ROSEN, A LEADING, LONGSTANDING, AND TOP RANKED FIRM, Encourages SunPower Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action – SPWR

Retrieved on: 
Saturday, November 18, 2023

NEW YORK, Nov. 18, 2023 (GLOBE NEWSWIRE) --

Key Points: 
  • WHAT TO DO NEXT: To join the SunPower class action, go to https://rosenlegal.com/submit-form/?case_id=20033 or call Phillip Kim, Esq.
  • The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
  • Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company.
  • 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017.

Investors Sue SunPower Corporation (SPWR) for Fraudulent Accounting- Hagens Berman

Retrieved on: 
Friday, November 17, 2023

SAN FRANCISCO, Nov. 17, 2023 (GLOBE NEWSWIRE) -- Hagens Berman urges SunPower Corporation (NASDAQ: SPWR) investors who suffered substantial losses to submit your losses now .

Key Points: 
  • SAN FRANCISCO, Nov. 17, 2023 (GLOBE NEWSWIRE) -- Hagens Berman urges SunPower Corporation (NASDAQ: SPWR) investors who suffered substantial losses to submit your losses now .
  • In response, the price of SunPower shares fell $0.90, or about 18%, on Oct. 25, 2023.
  • “We’re focused on investors’ losses and investigating whether senior management may have intentionally understated cost of revenues,” said Reed Kathrein, the Hagens Berman partner leading the investigation.
  • Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC.

Manavendra Sial Named Tenneco Chief Financial Officer

Retrieved on: 
Friday, November 17, 2023

NORTHVILLE, Mich., Nov. 17, 2023 (GLOBE NEWSWIRE) -- Tenneco announced today it has appointed Manavendra Sial as Chief Financial Officer, effective January 1, 2024.

Key Points: 
  • NORTHVILLE, Mich., Nov. 17, 2023 (GLOBE NEWSWIRE) -- Tenneco announced today it has appointed Manavendra Sial as Chief Financial Officer, effective January 1, 2024.
  • He succeeds former CFO Jeff Stafeil who recently left Tenneco to explore other opportunities.
  • Prior to his time with Fluence, Sial held EVP and CFO positions at both VECTRA (2015-1018) and SunPower Corporation (2018-2022).
  • He then held leadership positions with Sun Edison, including senior vice president, finance, and chief operating officer, Asia Pacific and South Africa from 2013 through 2014.

SUNPOWER ALERT: Bragar Eagel & Squire, P.C. Reminds Investors that a Class Action Lawsuit Has Been Filed Against SunPower Corporation and Encourages Investors to Contact the Firm

Retrieved on: 
Friday, November 17, 2023

Investors have until December 26, 2023 to apply to the Court to be appointed as lead plaintiff in the lawsuit.

Key Points: 
  • Investors have until December 26, 2023 to apply to the Court to be appointed as lead plaintiff in the lawsuit.
  • Click here to participate in the action.
  • SunPower explained that it had overstated the value of consignment inventory of certain microinverter components, causing it to understate the associated cost of revenue.
  • On this news, SunPower’s stock price fell 18.1% on October 25, 2023, on unusually high trading volume.

ROSEN, LEADING INVESTOR COUNSEL, Encourages SunPower Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action – SPWR

Retrieved on: 
Thursday, November 16, 2023

WHAT TO DO NEXT: To join the SunPower class action, go to https://rosenlegal.com/submit-form/?case_id=20033 or call Phillip Kim, Esq.

Key Points: 
  • WHAT TO DO NEXT: To join the SunPower class action, go to https://rosenlegal.com/submit-form/?case_id=20033 or call Phillip Kim, Esq.
  • The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
  • Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company.
  • 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017.

SPWR STOCKHOLDERS: SunPower Investors with Significant Losses Should Contact Robbins LLP Regarding the SunPower Corporation Class Action

Retrieved on: 
Wednesday, November 15, 2023

SAN DIEGO, Nov. 15, 2023 (GLOBE NEWSWIRE) -- Robbins LLP reminds investors that a shareholder filed a class action lawsuit on behalf of persons and entities that purchased or otherwise acquired SunPower Corporation (NASDAQ: SPWR) securities between March 9, 2023 and October 24, 2023.

Key Points: 
  • SAN DIEGO, Nov. 15, 2023 (GLOBE NEWSWIRE) -- Robbins LLP reminds investors that a shareholder filed a class action lawsuit on behalf of persons and entities that purchased or otherwise acquired SunPower Corporation (NASDAQ: SPWR) securities between March 9, 2023 and October 24, 2023.
  • For more information, submit a form , email Aaron Dumas, Jr., or give us a call at (800) 350-6003.
  • What Now: Similarly situated shareholders may be eligible to participate in the class action against SunPower Corporation.
  • Shareholders who want to act as lead plaintiff for the class should contact Robbins LLP.

DEADLINE ALERT for SPWR, AHCO, and DCGO: The Law Offices of Frank R. Cruz Reminds Investors of Class Actions on Behalf of Shareholders

Retrieved on: 
Wednesday, November 15, 2023

LOS ANGELES, Nov. 15, 2023 (GLOBE NEWSWIRE) -- The Law Offices of Frank R. Cruz reminds investors that class action lawsuits have been filed on behalf of shareholders of the following publicly-traded companies.

Key Points: 
  • LOS ANGELES, Nov. 15, 2023 (GLOBE NEWSWIRE) -- The Law Offices of Frank R. Cruz reminds investors that class action lawsuits have been filed on behalf of shareholders of the following publicly-traded companies.
  • Investors have until the deadlines listed below to file a lead plaintiff motion.
  • Investors suffering losses on their investments are encouraged to contact The Law Offices of Frank R. Cruz to discuss their legal rights in these class actions at 310-914-5007 or by email to [email protected] .
  • The Law Offices of Frank R. Cruz, Los Angeles

SunPower Corporation (SPWR) Faces Securities Fraud Lawsuit Over Fraudulent Accounting - Hagens Berman

Retrieved on: 
Tuesday, November 14, 2023

SAN FRANCISCO, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Hagens Berman urges SunPower Corporation (NASDAQ: SPWR) investors who suffered substantial losses to submit your losses now .

Key Points: 
  • SAN FRANCISCO, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Hagens Berman urges SunPower Corporation (NASDAQ: SPWR) investors who suffered substantial losses to submit your losses now .
  • In response, the price of SunPower shares fell $0.90, or about 18%, on Oct. 25, 2023.
  • “We’re focused on investors’ losses and investigating whether senior management may have intentionally understated cost of revenues,” said Reed Kathrein, the Hagens Berman partner leading the investigation.
  • Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC.