SunPower Inc. (SPWR) Shareholders Who Lost Money – Contact Law Offices of Howard G. Smith About Securities Fraud Investigation
BENSALEM, Pa.--( BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of SunPower Inc. (“SunPower” or the “Company”) (NASDAQ: SPWR) investors concerning the Company’s possible violations of federal securities laws.
IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN SUNPOWER INC. (SPWR), CONTACT THE LAW OFFICES OF HOWARD G. SMITH ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS.
Contact the Law Offices of Howard G. Smith to discuss your legal rights by email at howardsmith@howardsmithlaw.com, by telephone at (215) 638-4847 or visit our website at www.howardsmithlaw.com.
What Happened?
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:
Law Offices of Howard G. Smith,
3070 Bristol Pike, Suite 112,
Bensalem, Pennsylvania 19020,
Telephone: (215) 638-4847
Email: howardsmith@howardsmithlaw.com,
Visit our website at: www.howardsmithlaw.com.
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