Enphase Energy, Inc. Class Action Lawsuit – ENPH

The filed complaint alleges that Enphase Energy, Inc. made materially false and/or misleading statements and/or failed to disclose that: (i) Enphase overstated its ability to manage its channel inventory; (ii) Enphase overstated its ability to mitigate effects arising from the termination of the 25D Credit; (iii) accordingly, Enphase overstated its financial and operational prospects; and (iv) as a result, the Company’s public statements were materially false and misleading at all relevant times.