SAN FRANCISCO, Dec. 20, 2023 (GLOBE NEWSWIRE) -- Hagens Berman urges SunPower Corporation (NASDAQ:SPWR) investors who suffered substantial losses to submit your losses now.
Class Period: Mar. 9, 2023 – Oct. 24, 2023
Lead Plaintiff Deadline: Dec. 26, 2023
Visit: www.hbsslaw.com/investor-fraud/SPWR
Contact An Attorney Now: SPWR@hbsslaw.com
844-916-0895
SunPower Corporation (NASDAQ:SPWR) Securities Fraud Class Action:
On Dec. 18, SunPower shares tumbled after the company raised concerns about the company going out of business. In its SEC filing, the company advised that its failure to file timely 3Q 2023 financial results constituted a breach of its credit agreement and could lead lenders to recall $65.3 million in debt. The company warned that if it is unable to secure a waiver from the lenders, it would not have the necessary funds to finance day-to-day operations.
SunPower's going concern ...
SPWR) Plummets After Issuing "Going Concern" Warning Amid Investor Suit Asserting Bookkeeping Fraud - Hagens Berman>Full story available on Benzinga.com