Robbins LLP Reminds ENPH Investors of the Pending Class Action Lawsuit; Harmed Investors Should Contact the Firm for Information About Leading the Class Action Against Enphase Energy, Inc.
EnphaseEnphase(US:ENPH) Businesswire·2026-03-20 19:36

Core Viewpoint - Robbins LLP is reminding investors of a pending class action lawsuit against Enphase Energy, Inc. for allegedly misleading investors regarding its inventory management and financial prospects during a specific period [1][2]. Group 1: Class Action Details - A class action was filed on behalf of all investors who purchased or acquired Enphase Energy, Inc. securities between April 22, 2025, and October 28, 2025 [1]. - The allegations include that Enphase overstated its ability to manage channel inventory and mitigate the effects of the termination of the 25D Credit, which allowed homeowners to deduct 30% of clean energy property costs [2]. Group 2: Financial Impact - On October 28, 2025, Enphase reported its third-quarter financial results, indicating expectations of a weak close to 2025 due to elevated channel inventory and lower battery storage shipments [3]. - Following this announcement, Enphase's stock price fell by $5.56 per share, or 15.15%, closing at $31.14 per share on October 29, 2025 [3]. Group 3: Shareholder Actions - Shareholders interested in participating as lead plaintiffs in the class action must submit their papers to the court by April 20, 2026 [4]. - Shareholders can choose to remain absent from the case while still being eligible for recovery [4].

Robbins LLP Reminds ENPH Investors of the Pending Class Action Lawsuit; Harmed Investors Should Contact the Firm for Information About Leading the Class Action Against Enphase Energy, Inc. - Reportify