Wayne

Wayne v. Maxeon Solar Technologies, Ltd.

Good Law
United States District Court, Northern District of CaliforniaOctober 18, 20243:24-cv-03869California6,645 words

Opinion

Trial Court Opinion

UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF CALIFORNIA 6 TREVOR WAYNE, Case No. 24-cv-03869-EMC

Plaintiff,

ORDER APPOINTING LEAD

v. PLAINTIFF AND APPROVING

SELECTION OF LEAD COUNSEL

MAXEON SOLAR TECHNOLOGIES, LTD., et al., Docket Nos. 20, 26, 30 Defendants. 12 13 The above-referenced case is a federal securities fraud class action. Defendants are Maxeon Solar Technologies, Ltd. and two company officers, William Mulligan (CEO) and Kai Strohbecke (CFO). Currently pending before the Court are three competing motions for appointment as Lead Plaintiff and approval of Lead Counsel. Having considered the parties’ briefs and accompanying submissions, as well as the oral argument of counsel, the Court hereby GRANTS the motion filed by Jeyakumar VS Menon and DENIES the motions filed by Preston A. Ross and Mark Regan. I. FACTUAL & PROCEDURAL BACKGROUND A. Operative Complaint The following allegations are made in the operative…

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