Bronstein, Gewirtz & Grossman, LLC Notifies Shareholders SunPower Corporation (SPWR) Investigation

Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of SunPower Corporation (“SunPower” or the “Company”) (NASDAQ: SPWR). Investors who purchased SunPower shares are encouraged to obtain additional information and assist the investigation by visiting the firm’s site: www.bgandg.com/spwr.

The investigation concerns whether SunPower and certain of its officers and/or directors have violated federal securities laws.

On January 20, 2022, SunPower announced that it had “identified a cracking issue that developed over time in certain factory-installed connectors” and that the Company “expects approximately $27 million of supplier-quality related charges in fourth quarter 2021 and approximately $4 million in the first quarter of 2022” to replace the faulty connectors. On this news, SunPower’s stock price fell $3.22 per share, or 16.9%, to close at $15.80 per share on January 21, 2022.

If you are aware of any facts relating to this investigation or purchased SunPower shares, you can assist this investigation by visiting the firm’s site: www.bgandg.com/spwr. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.

Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm’s expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.

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