Securities Fraud Investigation Into SunPower Inc. (SPWR) Announced – Shareholders Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz
LOS ANGELES--( BUSINESS WIRE)-- The Law Offices of Frank R. Cruz announces an investigation of SunPower Inc. (“SunPower” or the “Company”) (NASDAQ: SPWR) on behalf of investors concerning the Company’s possible violations of federal securities laws.
IF YOU ARE AN INVESTOR WHO LOST MONEY ON SUNPOWER INC. (SPWR), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS.
What Is The Investigation About?
On April 14, 2026, SunPower disclosed that its financial statements for the first three fiscal quarters of 2025 “contain material errors and should no longer be relied upon and should be restated.” The Company specified that the errors “related to the recognition of revenue (and related cost of revenues, sales commissions, sales and marketing, and general and administrative expenses), and interest expense.”
On the same day, the Company filed its annual report for the 2025 fiscal year, which noted that GAAP revenue totaled $300 million, down from $308.75 million previously reported due to the removal of double bookings, and an approximately $26.9 million GAAP operating loss following a one-time balance sheet cleanup.
On this news, SunPower’s stock price fell as much as 10% during intraday trading on April 15, 2026, thereby injuring investors.
Contact Us To Participate or Learn More:
If you purchased SunPower securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us:
The Law Offices of Frank R. Cruz,
2121 Avenue of the Stars, Suite 800,
Century City, California 90067
Call us at: 310-914-5007
Email us at: info@frankcruzlaw.com
Visit our website at: www.frankcruzlaw.com.
Follow us for updates on Twitter at twitter.com/FRC_LAW.
If you inquire by email, please include your mailing address, telephone number, and number of shares purchased.
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