According to the lawsuit, defendants made false and/or misleading statements and/or failed to disclose that:
- Enphase overstated its ability to manage its channel inventory;
- Enphase overstated its ability to mitigate effects arising from the termination of the Residential Clean Energy Credit;
- accordingly, Enphase overstated its financial and operational prospects; and
- as a result, Enphase’s public statements were materially false and misleading at all relevant times.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
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