NEW YORK, May 24, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against Maxeon Solar Technologies, Ltd. (“Maxeon” or the “Company”) (NASDAQ: MAXN) on behalf of Maxeon stockholders. Our investigation concerns whether Maxeon has violated the federal securities laws and/or engaged in other unlawful business practices.

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On May 13, 2024, Maxeon disclosed that it would delay its SEC filing and the release of its financial results for the Fourth Quarter of Fiscal Year 2023 and First Quarter of 2024, which had been originally slated for public dissemination on May 15, 2024. 

Following this announcement, Maxeon's stock was trading down by 26% in midday trading on May 15, 2024.

If you purchased or otherwise acquired Maxeon shares and suffered a loss, are a long-term stockholder, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Marion Passmore by email at investigations@bespc.com, by telephone at (212) 355-4648, or by filling out this contact form.  There is no cost or obligation to you.

About Bragar Eagel & Squire, P.C.:

Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York, California, and South Carolina. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes.

Contact Information:

Bragar Eagel & Squire, P.C.
Brandon Walker, Esq.
Marion Passmore, Esq.
(212) 355-4648
investigations@bespc.com
www.bespc.com