SunPower settlements

SunPower Corp. has agreed to an $11 million securities class action settlement resolving claims by investors who purchased or acquired SunPower common stock or other securities between May 3, 2023 and July 19, 2024. The estimated average recovery is $0.13 per share after deductions, with a minimum payout of $10 per eligible claimant. Proof of purchase is required, and the official claim deadline is July 26, 2026.

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Antitrust

SunPower Corp. $11M Securities Class Action Settlement

SunPower Corporation agreed to pay $11 million to settle a securities class action covering investors who purchased or traded SunPower common stock and other securities between May 3, 2023 and July 19, 2024. The case was filed in the U.S. District Court for the Northern District of California. The claim filing window has closed.

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