Jaszczyszyn

Jaszczyszyn v. SunPower Corporation

Good Law
United States District Court, Northern District of CaliforniaJuly 17, 20243:22-cv-00956California9,108 words

Opinion

Trial Court Opinion

UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF CALIFORNIA 6 PIOTR JASZCZYSZYN, Case No. 22-cv-00956-AMO

Plaintiff,

ORDER GRANTING DEFENDANTS’

v. MOTION TO DISMISS

SUNPOWER CORPORATION, et al., Re: Dkt. No. 63 Defendants.

12 This is a putative securities class action involving allegations that Defendant SunPower Corporation and its executives misled investors about the implications of failing components of the company’s commercial line of products. Defendants’ motion to dismiss was heard before this Court on October 26, 2023. Having read the papers filed by the parties and carefully considered their arguments therein and those made at the hearing, as well as the relevant legal authority, the Court hereby GRANTS the motion to dismiss, for the following reasons. I. BACKGROUND1 SunPower Corporation (“SunPower” or the “Company”) is a solar energy company that provides solar generation, storage, and other solutions to its customers. First Am. Compl. ¶¶ 4-5 (“FAC,” ECF 55). Peter…

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