The Pomerantz Law Firm has brought a class action lawsuit against Singapore-headquartered solar manufacturer Maxeon Solar Technologies concerning whether “Maxeon and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.”
Solar manufacturer Maxeon Solar Technologies has said that it is issuing a number of patent infringement investigations in the US pertaining to tunnel oxide passivated contact (TOPCon) solar cell technology.
Owners of PV firm could spend decades in prison after still-ongoing criminal case found investors including Warren Buffett’s Berkshire were ‘duped’ of US$1bn to fund ‘lavish’ lifestyle.
Over 700 units are set to go under the hammer this week as part of court-ordered liquidation of Californian solar firm, brought down by FBI probe over Ponzi-style fraud allegations.
Federal judge said to have paralysed move by AMLO government to extend clean energy certificates to existing hydro and nuclear plants, which critics said would ruin PV and wind project economics.
