Science & Technology
Thu, March 10, 2011Wed, March 9, 2011Tue, March 8, 2011Mon, March 7, 2011Sun, March 6, 2011Sat, March 5, 2011Fri, March 4, 2011Thu, March 3, 2011Wed, March 2, 2011Tue, March 1, 2011Mon, February 28, 2011The Former Attorney General of Louisiana, Charles C. Foti, Jr. and the Law Firm of Kahn Swick & Foti LLPUpdates Investors Who P
Published in Science and Technology on Saturday, March 5th 2011 at 8:20 GMT by Market Wire
NEW ORLEANS--([ BUSINESS WIRE ])--Kahn Swick & Foti, LLC (aKSFa) and the former Attorney General of Louisiana, Charles C. Foti, Jr., encourages investors in energy system designer and manufacturer SunPower Corporation (aSunPowera or the aCompanya) (NASDAQ:SPWRA) who purchased SunPower Class A common stock at a price of $22.00 per share on a secondary public offering on or about April 29, 2009, or purchased SunPower 4.75% Senior Convertible Debentures which were offered at a price of $1,000.00 per share between April 17, 2008 and November 16, 2009 to contact Lewis Kahn toll free 877-515-1850 orviaemail at[ Lewis.Kahn@ksfcounsel.com ].
Recently, there has been a decision handed down in relation to the class action pending in the United States District Court for the Northern District of California (Case No. 09 Civ. 5473) on behalf of all purchasers of SunPowera™s securities between April 17, 2008 and November 16, 2009, inclusive (the aClass Perioda), alleging violations of the Securities Act of 1933 (the aSecurities Acta) and the Securities Exchange Act of 1934 (athe aExchange Acta) by SunPower and certain of its executive officers. This decision stated, among other things, that investors may lack standing to bring certain claims, absent the participation of a shareholder who actually purchased shares in the secondary offering or who purchased convertible debt.
What You May Do
If you purchased SunPower Class A common stock at a price of $22.00 per share on or about April 29, 2009, or you purchased SunPower 4.75% Senior Convertible Debentures between April 17, 2008 and November 16, 2009, and you wish to discuss this litigation, or have any questions concerning this notice or your rights or interests with respect to these matters, you may, without obligation or cost to you, e-mail or call KSF Managing Partner, Lewis Kahn ([ lewis.kahn@ksfcounsel.com ]), toll free 877-515-1850, or after hours via cell phone 504-301-7900.
About Kahn Swick & Foti, LLC
KSF, whose partners include the Former Louisiana Attorney General Charles C. Foti, Jr., is a law firm focused on securities class action and shareholder derivative litigation with offices in New York and Louisiana. KSF's lawyers have significant experience litigating complex securities class actions nationwide on behalf of both institutional and individual shareholders. Recent cases include In re Virgin Mobile USA IPO Litigation,2:07-cv-05619-SDW-MCA (D. N.J.), Co-Lead Counsel, $19.5 Million Settlement; In re BigBand Networks, Inc Securities Litigation,3:07-CV-05101-SBA (C.D. Cal.),Co-Lead Counsel, $11 million settlement; In re U.S. Auto Parts Networks, Inc. Securities Litigation,2:07-cv-02030-GW-JC (C.D. Cal.),Lead Counsel, $10 million settlement. KSF is also federally court-appointed Co-Lead Counsel in THE shareholder derivative cases against BP, AIG and Bank of America (Merrill Lynch merger) emanating from their recent multi-billion dollar economic declines.
To learn more about KSF, you may visit[ www.ksfcounsel.com ].
