NEW YORK--(BUSINESS WIRE)--The law firm of Kirby McInerney LLP is investigating potential claims against Maxeon Solar Technologies, Ltd. (“Maxeon” or the “Company”) (NASDAQ: MAXN). The investigation concerns whether Maxeon and/or certain of its officers have violated the federal securities laws and/or engaged in other unlawful business practices.
[Click here to learn more about the investigation]
On May 13, 2024, Maxeon disclosed that it would delay the release of its fourth quarter FY2023 and first quarter FY2024 results. On this news, the price of Maxeon shares declined by $1.12 per share, or approximately 30.4%, from $3.68 per share on May 14, 2024 to close at $2.56 on May 15, 2024.
If you purchased or otherwise acquired Maxeon securities, have information, or would like to learn more about this investigation, contact Thomas W. Elrod of Kirby McInerney LLP by email at investigations@kmllp.com, or by filling out this CONTACT FORM, to discuss your rights or interests with respect to these matters without any cost to you.
Kirby McInerney LLP is a New York-based plaintiffs’ law firm concentrating in securities, antitrust, whistleblower, and consumer litigation. The firm’s efforts on behalf of shareholders in securities litigation have resulted in recoveries totaling billions of dollars.
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