Enphase(US:ENPH) TMX Newsfile·2026-02-23 23:56Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Enphase Energy, Inc. due to allegations of violations of federal securities laws, specifically regarding misleading statements and overstatements of financial and operational prospects [2][4]. Group 1: Legal Investigation and Claims - The law firm is encouraging investors who suffered losses in Enphase between April 22, 2025, and October 28, 2025, to discuss their legal rights [1]. - A federal securities class action has been filed against Enphase, with a deadline of April 20, 2026, for investors to seek the role of lead plaintiff [2]. - The complaint alleges that Enphase overstated its ability to manage channel inventory and mitigate effects from the termination of the 25D Credit, leading to materially false public statements [4]. Group 2: Financial Performance and Market Reaction - On October 28, 2025, Enphase reported weak financial results for Q3 2025, indicating elevated channel inventory and lower expected battery storage shipments for Q4 2025, along with anticipated revenue impacts from the expiration of the residential solar investment tax credit in Q1 2026 [5]. - Following the announcement of these results, Enphase's stock price fell by $5.56 per share, or 15.15%, closing at $31.14 per share on October 29, 2025 [6].