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SunPower Corporation

SPWR SHAREHOLDER ALERT: Johnson Fistel Investigates SunPower

SAN DIEGO, October 25, 2023 (GLOBE NEWSWIRE)–Shareholder rights law firm Johnson Fistel, LLP (www.JohnsonFistel.com) is investigating whether SunPower Corporation (NASDAQ: SPWR), any of its executive officers or others violated securities laws by misrepresenting or failing to timely disclose material, adverse information to investors. The investigation focuses on investors’ losses and whether they may be recovered under federal securities laws.

What if I purchased SunPower securities? If you purchased securities and suffered significant losses on your investment, join our investigation now:

SunPower Corporation

If you suffered a loss on your investment and would like to inquire about joining an action to recover your loss under the federal securities laws, please complete the form below. The information provided will be held in strict confidence unless and until you authorize us to disclose it.
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Or for more information, contact Jim Baker at jimb@johnsonfistel.com or (619) 814-4471

There is no cost or obligation to you.

What is Johnson Fistel investigating? On October 25, 2023, SunPower stock plummeted by 20% in early market trading after the Company disclosed it will restate its year-end 2022 10-K and 2023 Q1 and Q2 financial statements, saying it found material weakness in its internal controls over financial reporting.

What if I have relevant nonpublic information? Individuals with nonpublic information regarding the company should consider whether to assist our investigation or take advantage of the SEC Whistleblower program. Under the SEC program, whistleblowers who provide original information may, under certain circumstances, receive rewards totaling up to thirty percent of any successful recovery made by the SEC. For more information, contact Jim Baker at (619) 814-4471 or jimb@johnsonfistel.com.

About Johnson Fistel, LLP:
Johnson Fistel, LLP is a nationally recognized shareholder rights law firm with offices in California, New York, Georgia, and Colorado. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit http://www.johnsonfistel.com.

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Contact:
Johnson Fistel, LLP

501 W. Broadway, Suite 800, San Diego, CA 92101

James Baker, Investor Relations or Frank J. Johnson, Esq., (619) 814-4471

jimb@johnsonfistel.com or fjohnson@johnsonfistel.com

Please contact us if you would like more information on this lawsuit.
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