Important Information for Enphase Energy, Inc. (ENPH) Investors: Rosen Law Firm Announces Class Action Lawsuit and Lead Plaintiff Deadline
New York, NY, January 29, 2025 – Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Enphase Energy, Inc. (NASDAQ: ENPH) between April 25, 2023 and October 22, 2024, both dates inclusive (the “Class Period”), of the important February 11, 2025 lead plaintiff deadline. The lawsuit seeks to recover damages for Enphase Energy investors under the Securities Exchange Act of 1934.
Background
Enphase Energy, Inc. is a leading technology company specializing in the design, development, and sale of microinverter systems for solar photovoltaic (PV) installations. These microinverters convert solar energy into usable electricity and communicate with the solar modules and the grid. The company’s products are known for their high efficiency, reliability, and ease of installation.
The Allegations
The lawsuit alleges that Enphase Energy made materially false and/or misleading statements and failed to disclose material information during the Class Period. Specifically, the complaint alleges that the Company misrepresented and failed to disclose the following:
- The Company’s microinverter products were experiencing significant reliability issues, including fires and other safety concerns.
- The Company was experiencing supply chain disruptions and manufacturing issues, which would negatively impact its revenue and financial performance.
- The Company’s management was aware of these issues but failed to disclose them to investors.
Impact on Individual Investors
If you purchased Enphase Energy common stock during the Class Period, you may be able to recover your losses, as the lawsuit seeks to hold the Company accountable for its alleged misrepresentations. The lead plaintiff deadline for this case is February 11, 2025. If you wish to serve as the lead plaintiff, you must meet certain legal requirements and must file a motion with the court before this deadline. An experienced securities litigation attorney can help you determine if you are eligible to recover your losses.
Impact on the World
The allegations against Enphase Energy could have far-reaching consequences for the solar energy industry as a whole. If the lawsuit is successful, it could lead to increased scrutiny of other solar technology companies and their disclosure practices. It could also lead to increased investor skepticism regarding the reliability and safety of solar energy products. Additionally, if Enphase Energy is forced to pay significant damages, it could negatively impact the Company’s financial performance and reputation.
Conclusion
If you purchased Enphase Energy common stock during the Class Period, it is important to be aware of the lead plaintiff deadline and your potential eligibility to recover your losses. The allegations against the Company could have significant implications for the solar energy industry and could impact other technology companies as well. An experienced securities litigation attorney can help you understand your options and protect your investment.
If you have any questions or would like to discuss your potential recovery options, please contact the Rosen Law Firm at [email protected] or call 212-686-1060 for a free consultation.
About Rosen Law Firm:
Rosen Law Firm is a global investor rights law firm with offices in New York, London, and Baton Rouge. The firm represents investors in securities, antitrust, and other class action litigation. For more information, please visit
