The shares of SunPower Corp (Nasdaq: SPWRA) tumbled more than 18 percent on 9/17/09 after the company said it was investigating millions of dollars in accounting errors. The company announced that its audit committee had launched the probe after an internal review found its Philippine operations had overstated expenses and understated costs. It was not yet clear if the company would need to restate its 2009 quarterly reports or its 2008 annual report.
If you are a current shareholder and purchased during period between Jan. 1, 2009 and November 17, 2009 and would like to discuss your options of exercising your rights as a shareholder, please contact us.
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