Wayne v. Maxeon Solar Technologies, Ltd. et al

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Case Number:

3:24-cv-03869

Court:

California Northern

Nature of Suit:

Securities/Commodities

Multi Party Litigation:

Class Action

Judge:

Edward M Chen

Firms

  1. February 12, 2026

    Maxeon Dodges Investor Suit Over Financial Disclosures

    Maxeon Solar Technologies has escaped a shareholder class action accusing it of misleading investors about its liquidity issues, with a California federal judge ruling that none of the challenged statements in the suit were shown to be false or misleading.

  2. February 07, 2025

    Maxeon Investors Push To Keep Exchange Act Suit Alive

    The lead plaintiff in a proposed class action against Maxeon Solar Technologies Ltd. urged a California federal judge to reject the company's bid to escape the suit as well as its "fanciful" explanations for a two-day stock plunge that harmed shareholders.

  3. June 28, 2024

    Maxeon Was Overreliant On SunPower Sales, Investor Says

    Maxeon Solar Technologies was hit with a proposed shareholder class action alleging that the company concealed that a significant portion of its business depended on exclusive sales of certain products to its former parent company, SunPower Corp., and that a terminated contract between the two would lead to a 41% revenue drop for Maxeon.