Enphase(US:ENPH) Prnewswire·2026-02-20 14:56Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential securities class action claims against Enphase Energy, Inc. due to allegations of false and misleading statements regarding the company's financial and operational prospects [1] Group 1: Allegations Against Enphase - The complaint alleges that Enphase overstated its ability to manage channel inventory [1] - It is claimed that Enphase overstated its ability to mitigate effects from the termination of the 25D Credit [1] - The company is accused of making materially false and misleading public statements regarding its financial and operational prospects [1] Group 2: Financial Impact - On October 28, 2025, Enphase reported weak financial results for Q3 2025, indicating elevated channel inventory and lower battery storage shipments expected for Q4 2025 [1] - The expiration of the residential solar investment tax credit is anticipated to negatively impact revenues for Q1 2026 [1] - Following the earnings report, Enphase's stock price fell by $5.56 per share, or 15.15%, closing at $31.14 per share on October 29, 2025 [1] Group 3: Legal Proceedings - Investors who suffered losses exceeding $50,000 between April 22, 2025, and October 28, 2025, are encouraged to contact Faruqi & Faruqi to discuss their legal rights [1] - The deadline to seek the role of lead plaintiff in the class action is April 20, 2026 [1] - Any member of the putative class may move the Court to serve as lead plaintiff or remain an absent class member without affecting their ability to share in any recovery [1]