{"success":true,"data":{"pressRelease":{"id":"18224","rtpr_id":"nACSftddQa","ticker":"SPWR","exchange":"NASDAQ","all_tickers":["SPWR"],"title":"Bronstein, Gewirtz & Grossman, LLC Encourages SunPower, Inc. (SPWR) Shareholders to Inquire about Securities Investigation","author":"ACCESSWIRE","published_at":"2026-05-03T15:00:06.070Z","article_body":"NEW YORK CITY, NY / ACCESS Newswire (https://www.accessnewswire.com/) / May 3,\n2026 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on\nbehalf of purchasers of SunPower, Inc. (\"SunPower\" or \"the Company\")\n(NASDAQ:SPWR). Investors who purchased SunPower securities are encouraged to\nobtain additional information and assist the investigation by visiting the\nfirm's site: bgandg.com/SPWR.\n(https://bgandg.com/SPWR/?utm_source=accesswire&utm_medium=pressrelease&utm_campaign=SPWR)\n(https://app.accessnewswire.com/imagelibrary/e624cd51-d5e4-4dc9-a426-504d0f4bf3dc/image.png)\nSunPower Investigation Details\n\nOn April 14, 2026, SunPower disclosed that its financial statements for the\nfirst three fiscal quarters of 2025 \"contain material errors and should no\nlonger be relied upon and should be restated.\" The Company specified that the\nerrors \"related to the recognition of revenue (and related cost of revenues,\nsales commissions, sales and marketing, and general and administrative\nexpenses), and interest expense.\" On the same day, the Company filed its\nannual report for the 2025 fiscal year, which noted that GAAP revenue totaled\n$300 million, down from $308.75 million previously reported due to the removal\nof double bookings, and an approximately $26.9 million GAAP operating loss\nfollowing a one-time balance sheet cleanup. Following this news, SunPower's\nstock price dropped.\n\nWhat's Next for SunPower Investors?\n\nIf you are aware of any facts relating to this investigation or purchased\nSunPower securities, you can assist this investigation by visiting the firm's\nsite: bgandg.com/SPWR\n(https://bgandg.com/SPWR/?utm_source=accesswire&utm_medium=pressrelease&utm_campaign=SPWR).\nYou can also contact Peretz Bronstein or his client relations manager, Nathan\nMiller, of Bronstein, Gewirtz & Grossman, LLC: 917-590-0911 (tel:+9175900911)\n\nNo Cost to SunPower Investors\n\nWe, Bronstein, Gewirtz & Grossman, LLC, represent investors in class actions\non a contingency fee basis. That means we will ask the court to reimburse us\nfor out-of-pocket expenses and attorneys' fees, usually a percentage of the\ntotal recovery, only if we are successful.\n\nWhy Bronstein, Gewirtz & Grossman, LLC for SunPower Securities Investigation?\n\nBronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that\nrepresents investors in securities fraud class actions and shareholder\nderivative suits. Our firm has recovered hundreds of millions of dollars for\ninvestors nationwide.\n\n\"Our practice centers on restoring investor capital and ensuring corporate\naccountability, which serves to uphold the essential integrity of the\nmarketplace,\" said Peretz Bronstein\n(https://www.linkedin.com/in/peretz-bronstein-65a1b411), Founding Partner of\nBronstein, Gewirtz & Grossman, LLC.\n\nFollow us for updates on LinkedIn\n(https://www.linkedin.com/company/bronstein-gewirtz-&-grossman-llc/), X\n(https://x.com/bgandg_law), Facebook (https://www.facebook.com/BGandG/), or\nInstagram (https://www.instagram.com/bg_and_g/).\n\nContact Info\n\nPeretz Bronstein, Esq. or Nathan Miller\nBronstein, Gewirtz & Grossman, LLC\n917-590-0911 (tel:+9175900911) | info@bgandg.com\n\nAttorney advertising.\n\nPrior results do not guarantee similar outcomes.\n\nSOURCE: Bronstein, Gewirtz & Grossman, LLC\nView the original press release\n(https://www.accessnewswire.com/newsroom/en/business-and-professional-services/bronstein-gewirtz-and-grossman-llc-encourages-sunpower-inc.-spwr-1159510)\non ACCESS Newswire\n\n\nCopyright 2026 ACCESS Newswire. All Rights Reserved.","article_body_html":"","raw_payload":{"data":{"id":"nACSftddQa","title":"Bronstein, Gewirtz & Grossman, LLC Encourages SunPower, Inc. (SPWR) Shareholders to Inquire about Securities Investigation","author":"ACCESSWIRE","ticker":"SPWR","created":"2026-05-03T15:00:06.070Z","tickers":["SPWR"],"exchange":"NASDAQ","article_body":"NEW YORK CITY, NY / ACCESS Newswire (https://www.accessnewswire.com/) / May 3,\n2026 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on\nbehalf of purchasers of SunPower, Inc. (\"SunPower\" or \"the Company\")\n(NASDAQ:SPWR). Investors who purchased SunPower securities are encouraged to\nobtain additional information and assist the investigation by visiting the\nfirm's site: bgandg.com/SPWR.\n(https://bgandg.com/SPWR/?utm_source=accesswire&utm_medium=pressrelease&utm_campaign=SPWR)\n(https://app.accessnewswire.com/imagelibrary/e624cd51-d5e4-4dc9-a426-504d0f4bf3dc/image.png)\nSunPower Investigation Details\n\nOn April 14, 2026, SunPower disclosed that its financial statements for the\nfirst three fiscal quarters of 2025 \"contain material errors and should no\nlonger be relied upon and should be restated.\" The Company specified that the\nerrors \"related to the recognition of revenue (and related cost of revenues,\nsales commissions, sales and marketing, and general and administrative\nexpenses), and interest expense.\" On the same day, the Company filed its\nannual report for the 2025 fiscal year, which noted that GAAP revenue totaled\n$300 million, down from $308.75 million previously reported due to the removal\nof double bookings, and an approximately $26.9 million GAAP operating loss\nfollowing a one-time balance sheet cleanup. Following this news, SunPower's\nstock price dropped.\n\nWhat's Next for SunPower Investors?\n\nIf you are aware of any facts relating to this investigation or purchased\nSunPower securities, you can assist this investigation by visiting the firm's\nsite: bgandg.com/SPWR\n(https://bgandg.com/SPWR/?utm_source=accesswire&utm_medium=pressrelease&utm_campaign=SPWR).\nYou can also contact Peretz Bronstein or his client relations manager, Nathan\nMiller, of Bronstein, Gewirtz & Grossman, LLC: 917-590-0911 (tel:+9175900911)\n\nNo Cost to SunPower Investors\n\nWe, Bronstein, Gewirtz & Grossman, LLC, represent investors in class actions\non a contingency fee basis. That means we will ask the court to reimburse us\nfor out-of-pocket expenses and attorneys' fees, usually a percentage of the\ntotal recovery, only if we are successful.\n\nWhy Bronstein, Gewirtz & Grossman, LLC for SunPower Securities Investigation?\n\nBronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that\nrepresents investors in securities fraud class actions and shareholder\nderivative suits. Our firm has recovered hundreds of millions of dollars for\ninvestors nationwide.\n\n\"Our practice centers on restoring investor capital and ensuring corporate\naccountability, which serves to uphold the essential integrity of the\nmarketplace,\" said Peretz Bronstein\n(https://www.linkedin.com/in/peretz-bronstein-65a1b411), Founding Partner of\nBronstein, Gewirtz & Grossman, LLC.\n\nFollow us for updates on LinkedIn\n(https://www.linkedin.com/company/bronstein-gewirtz-&-grossman-llc/), X\n(https://x.com/bgandg_law), Facebook (https://www.facebook.com/BGandG/), or\nInstagram (https://www.instagram.com/bg_and_g/).\n\nContact Info\n\nPeretz Bronstein, Esq. or Nathan Miller\nBronstein, Gewirtz & Grossman, LLC\n917-590-0911 (tel:+9175900911) | info@bgandg.com\n\nAttorney advertising.\n\nPrior results do not guarantee similar outcomes.\n\nSOURCE: Bronstein, Gewirtz & Grossman, LLC\nView the original press release\n(https://www.accessnewswire.com/newsroom/en/business-and-professional-services/bronstein-gewirtz-and-grossman-llc-encourages-sunpower-inc.-spwr-1159510)\non ACCESS Newswire\n\n\nCopyright 2026 ACCESS Newswire. All Rights Reserved."},"type":"article","timestamp":"2026-05-03T15:00:06.117221874Z","server_sent_at_ms":1777820406117},"received_at":"2026-05-03T15:00:06.167Z","source_url":"https://www.accessnewswire.com/newsroom/en/business-and-professional-services/bronstein-gewirtz-and-grossman-llc-encourages-sunpower-inc.-spwr-1159510"},"analysis":{"id":"13225","press_release_id":"18224","analysis_json":{"industry":{"label":"Capital Goods","sector":"Industrials"},"redFlags":[],"eventType":"legal_litigation","narrative":"Bronstein, Gewirtz & Grossman, LLC is soliciting SunPower shareholders for a class action investigation regarding the company's restated 2025 financial statements.\n\nThe investigation follows SunPower's April 14 disclosure that it found material errors in revenue recognition and expense reporting, requiring a restatement that lowered reported revenue to $300 million.\n\nInvestors are encouraged to contact the firm on a contingency fee basis to assist with the claims.","sentiment":"neutral","agentHooks":{"shouldPost":false,"suggestedAngle":"Plaintiff-firm solicitation -- suppress."},"keyFigures":{},"quotedText":"Our practice centers on restoring investor capital and ensuring corporate accountability, which serves to uphold the essential integrity of the marketplace","namedEntities":{"people":[{"name":"Peretz Bronstein","role":"Founding Partner"},{"name":"Nathan Miller","role":"client relations manager"}],"products":[],"companies":[{"name":"SunPower, Inc.","ticker":"SPWR","relationship":"target"},{"name":"Bronstein, Gewirtz & Grossman, LLC","relationship":"plaintiff law firm"}],"dollarAmounts":[{"amount":"$300 million","context":"restated GAAP revenue for 2025"},{"amount":"$308.75 million","context":"previously reported revenue"},{"amount":"$26.9 million","context":"GAAP operating loss"}]},"materialImpact":{"score":1,"reasoning":"Plaintiff law-firm shareholder solicitation issued by Bronstein, Gewirtz & Grossman, LLC. No new disclosure from the issuer; no certified class, no settlement. Boilerplate lead-plaintiff reminder."},"tickerRelevance":{"others":[],"primary":"SPWR"},"globalImportance":15,"audienceRelevance":20,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"mid-cap","eventGravity":"law-firm-solicitation","issuerAuthored":false}},"event_type":"legal_litigation","event_type_secondary":null,"sentiment":"neutral","material_impact_score":1,"narrative":"Bronstein, Gewirtz & Grossman, LLC is soliciting SunPower shareholders for a class action investigation regarding the company's restated 2025 financial statements.\n\nThe investigation follows SunPower's April 14 disclosure that it found material errors in revenue recognition and expense reporting, requiring a restatement that lowered reported revenue to $300 million.\n\nInvestors are encouraged to contact the firm on a contingency fee basis to assist with the claims.","key_figures":{},"named_entities":{"people":[{"name":"Peretz Bronstein","role":"Founding Partner"},{"name":"Nathan Miller","role":"client relations manager"}],"products":[],"companies":[{"name":"SunPower, Inc.","ticker":"SPWR","relationship":"target"},{"name":"Bronstein, Gewirtz & Grossman, LLC","relationship":"plaintiff law firm"}],"dollarAmounts":[{"amount":"$300 million","context":"restated GAAP revenue for 2025"},{"amount":"$308.75 million","context":"previously reported revenue"},{"amount":"$26.9 million","context":"GAAP operating loss"}]},"model_name":"glm-4.7","prompt_hash":"sha256:a2703c5a1b5285fe","schema_hash":"sha256:1f8af1196c7db48c","created_at":"2026-05-03T15:17:37.218Z","global_importance":15,"audience_relevance":20,"importance_components":{"tickerTier":"mid-cap","eventGravity":"law-firm-solicitation","issuerAuthored":false}},"durationMs":96222,"modelName":"glm-4.7"}}