INVESTOR NOTICE: Goldberg Law PC Announces Securities Class Action Lawsuit Against SunPower Corporation and Encourages Investors With Losses to Contact the Firm

LOS ANGELES–(BUSINESS WIRE)–GoldbergLaw PC (the “Firm”) announces that a class action lawsuit has beenfiled against SunPower Corporation (“SunPower” or the “Company”)(Nasdaq: SPWR). Investors who purchased or otherwise acquired sharesbetween February 17, 2016 and August 9, 2016 inclusive (the “ClassPeriod”) are encouraged to contact the Firm in advance of the October17, 2016 lead plaintiff motion deadline.

If you are a shareholder who suffered a loss during the Class Period, clickhere to participate. In addition, we advise you to contactMichael Goldberg or Brian Schall, of Goldberg Law PC, 1999 Avenue of theStars, Suite 1100, Los Angeles, CA 90067, at 800-977-7401, to discussyour rights without cost to you. You can also reach us through thefirm’s website at http://www.Goldberglawpc.com,or by email at [email protected].

The class in this case has not yet been certified, and untilcertification occurs, you are not represented by an attorney. If youchoose to take no action, you can remain an absent class member.

According to the complaint, the Company made false and misleadingstatements and/or failed to disclose: that many of SunPower’s customerswere adopting a longer-term timeline for project completion; that theCompany’s near-term economic returns were deteriorating due toaggressive PPA pricing by new market entrants; that market disruption inthe YieldCo environment was affecting SunPower’s assumptions related tomonetizing deferred profits; that demand for the Company’s products wassignificantly declining; that the Company would implement amanufacturing realignment that would result in significant restructuringcharges; that the Company’s fiscal year 2016 guidance was overstated;and as a result of the above, SunPower’s statements about its business,operations, and prospects, were false and misleading and/or lacked areasonable basis.

Goldberg Law PC represents shareholders around the world and specializesin securities class actions and shareholder rights litigation.

This press release may be considered Attorney Advertising in somejurisdictions under the applicable law and ethical rules.

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