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Maxeon Was Overreliant On SunPower Sales, Investor Says

By Sydney Price ( June 28, 2024, 7:18 PM EDT) -- Maxeon Solar Technologies was hit with a proposed shareholder class action alleging that the company concealed that a significant portion of its business depended on exclusive sales of certain products to its former parent company, SunPower Corp. , and that a terminated contract between the two would lead to a 41% revenue drop for Maxeon. . . .

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