SHAREHOLDER NOTICE: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Enphase Energy

13.06.24 16:25 Uhr

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NEW YORK, June 13, 2024 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Enphase Energy, Inc. ("Enphase" or the "Company") (NASDAQ: ENPH) and reminds investors of the July 29, 2024 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.

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Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $100,000 In Enphase To Contact Him Directly To Discuss Their Options

If you suffered losses exceeding $100,000 in Enphase between February 7, 2023 and April 25, 2023and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). You may also click here for additional information:

Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See

As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) material adverse facts concerning decrease in battery shipments to Europe and California; (2) 28 slowdown in battery deployment and adoption; and (3) longer transition period with NEM 3.0 and slower output of inverters manufactured by the new US base manufacturing lines. This caused Plaintiff and other shareholders to purchase Enphase's securities at artificially inflated prices.

On April 25, 2023, Enphase issued a press release announcing its first quarter earnings. In pertinent part, Defendants announced revenue in the United States had decreased by approximately 9% attributing it to macroeconomic conditions. Additionally, Defendants put out a weak second quarter outlook for 2023 where revenue was estimated to be within the range of $700 million to $750 million.

On this news, Enphase's stock price fell $56.77 per share, or nearly 26%, to close at $163.83 per share on April 26, 2023.

The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not. 

Faruqi & Faruqi, LLP also encourages anyone with information regarding Enphase's conduct to contact the firm, including whistleblowers, former employees, shareholders and others.

To learn more about the Enphase class action, go to or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).

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Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP ( Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.

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Nachrichten zu Enphase Energy Inc

Analysen zu Enphase Energy Inc

31.07.2019Enphase Energy BuyH.C. Wainwright & Co.
20.06.2019Enphase Energy NeutralH.C. Wainwright & Co.
12.06.2019Enphase Energy BuyB. Riley FBR
28.02.2019Enphase Energy BuyH.C. Wainwright & Co.
05.06.2018Enphase Energy BuyCraig Hallum
31.07.2019Enphase Energy BuyH.C. Wainwright & Co.
12.06.2019Enphase Energy BuyB. Riley FBR
28.02.2019Enphase Energy BuyH.C. Wainwright & Co.
05.06.2018Enphase Energy BuyCraig Hallum
16.05.2018Enphase Energy BuyH.C. Wainwright & Co.
20.06.2019Enphase Energy NeutralH.C. Wainwright & Co.
20.06.2017Enphase Energy HoldDeutsche Bank AG
18.11.2015Enphase Energy NeutralROTH Capital Partners, LLC
04.11.2015Enphase Energy HoldNeedham & Company, LLC
23.07.2015Enphase Energy NeutralDougherty & Company LLC
04.11.2015Enphase Energy SellDeutsche Bank AG
20.10.2015Enphase Energy SellDeutsche Bank AG

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