Gainey McKenna & Egleston Announces A Class Action Lawsuit Has Been Filed Against Enphase Energy, Inc. (ENPH)

Core Viewpoint - A securities class action lawsuit has been filed against Enphase Energy, alleging that the company made false or misleading statements regarding its financial and operational prospects during the class period from February 25, 2025, to February 2, 2026 [1]. Group 1: Allegations - The lawsuit claims that Enphase Energy overstated its ability to manage channel inventory [2]. - It is alleged that the company exaggerated its capacity to mitigate the effects of the termination of the Residential Clean Energy Credit under Internal Revenue Code Section 25D [2]. - The complaint states that these misrepresentations led to an overstatement of the company's financial and operational prospects [2]. Group 2: Financial Impact - On October 28, 2025, Enphase Energy reported third-quarter financial results, indicating that elevated channel inventory would lead to lower battery storage shipments in the fourth quarter of 2025 [2]. - The expiration of the 25D Credit was expected to negatively impact revenues for the first quarter of 2026 [2]. - Following this announcement, the company's stock price fell by more than 15% [2]. Group 3: Legal Proceedings - Investors who acquired shares of Enphase Energy during the class period are encouraged to contact the law firm Gainey McKenna & Egleston before the lead plaintiff motion deadline on April 20, 2026 [3].