Enphase Energy Faces Investor Securities Lawsuit
A class action lawsuit has been announced on behalf of purchasers of Enphase Energy, Inc. (ENPH) securities. The lawsuit covers the period between April 22, 2025, and October 28, 2025. The announcement by Rosen Law Firm invites investors who purchased securities during that period to join the suit.
- The lawsuit alleges that during the class period, Enphase misrepresented its ability to manage its channel inventory and downplayed the negative effects of the termination of the Residential Clean Energy Credit (25D Credit). - Following the company's third-quarter financial report on October 28, 2025, and its discussion of elevated inventory and the impact of the expiring 25D tax credit, Enphase's stock price fell 15.15%, or $5.56 per share, to close at $31.14 on October 29, 2025. - The legal complaint charges Enphase and certain top executives with violations of the Securities Exchange Act of 1934. - The 25D credit, which allowed homeowners to deduct 30% of the cost of clean energy property, was set to have its expiration date moved up from December 21, 2032, to December 31, 2025. - For its fourth quarter of 2025, Enphase reported a total revenue of $343.3 million, a decrease from the $410.4 million reported in the third quarter of the same year. - Law firms including Rosen Law Firm, Robbins LLP, and Bronstein, Gewirtz & Grossman, LLC are representing investors in this class action. - The deadline for investors who purchased securities within the specified period to file a motion to serve as lead plaintiff is April 20, 2026.
