SHAREHOLDER ALERT: Investigation of SunPower Corp. Announced by Holzer & Holzer, LLC

Atlanta, Georgia--(Newsfile Corp. - January 24, 2022) -  Holzer & Holzer, LLC is investigating whether SunPower Corp. ("SunPower" or the "Company") (NASDAQ: SPWR) complied with federal securities laws. On January 20, 2022, SunPower issued a press release stating that the Company has "identified a cracking issue that developed over time in certain factory-installed connectors within third-party commercial equipment supplied to SunPower." SunPower indicated it "expects approximately $27 million of supplier-quality related charges in fourth quarter 2021 and approximately $4 million in the first quarter of 2022…" Following this disclosure, the Company's stock price fell.

If you purchased SunPower stock and suffered a loss on that investment, you are encouraged to contact Corey D. Holzer, Esq. at cholzer@holzerlaw.com or Joshua Karr, Esq. at jkarr@holzerlaw.com, call our toll-free number at (888) 508-6832, or visit our website at www.holzerlaw.com to discuss your legal rights.

Holzer & Holzer, LLC is an Atlanta, Georgia law firm that dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. Since its founding in 2000, Holzer & Holzer attorneys have played critical roles in recovering hundreds of millions of dollars for shareholders victimized by fraud and other corporate misconduct. More information about the firm is available through its website, www.holzerlaw.com, and upon request from the firm. Holzer & Holzer, LLC has paid for the dissemination of this promotional communication, and Corey D. Holzer is the attorney responsible for its content.

CONTACT:
Corey D. Holzer, Esq.
(888) 508-6832 (toll-free)
cholzer@holzerlaw.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/111429