Investors Sue SunPower Corporation (SPWR) for Fraudulent Accounting- Hagens Berman
SAN FRANCISCO, Dec. 01, 2023 (GLOBE NEWSWIRE) -- Hagens Berman urges SunPower Corporation (NASDAQ: SPWR) investors who suffered substantial losses to submit your losses now .
- SAN FRANCISCO, Dec. 01, 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.