INVESTOR ALERT: Kaskela Law LLC Announces Investigation of SunPower Corp. and Encourages Current SPWR Stockholders to Contact the Firm

PHILADELPHIA, June 25, 2022 (GLOBE NEWSWIRE) -- Investor protection law firm Kaskela Law LLC announces that it is investigating SunPower Corp. (“SunPower” or the “Company”) (NASDAQ: SPWR) on behalf of the company’s current stockholders.On January 20, 2022, SunPower disclosed 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, shares of SunPower’s common stock fell $3.22, or nearly 17% in value, to close on January 21, 2022 at $15.80 per share.*

*Current SunPower stockholders who purchased or acquired their shares **prior to January 20, 2022** are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq. or Adrienne Bell, Esq.) at (484) 229 – 0750, or by email (**abell@kaskelalaw.com**) or online at **https://kaskelalaw.com/cases/sunpower-corporation/** , for additional information about this investigation and their legal rights and options. *

Kaskela Law LLC exclusively represents investors in securities fraud, corporate governance, and merger & acquisition litigation, and has helped recover in excess of $100 million on behalf of victimized investors. For additional information about Kaskela Law LLC please visit www.kaskelalaw.com. This notice may constitute attorney advertising in certain jurisdictions.

*CONTACT:*

D. Seamus Kaskela, Esq.
Adrienne Bell, Esq.
*KASKELA LAW LLC*
18 Campus Blvd., Suite 100
Newtown Square, PA 19073
(484) 229 – 0750
(888) 715 – 1740
www.kaskelalaw.com