A securities fraud class action lawsuit has been filed against Enphase Energy Inc. on behalf of investors who bought or acquired its securities between April 22, 2025 and October 28, 2025. The complaint alleges the company made misleading statements about its ability to manage channel inventory, mitigate impacts from the accelerated termination of the Residential Clean Energy Credit, and its resulting financial and operational outlook. The suit follows the company’s October 28, 2025 disclosure of elevated channel inventory and weaker expected results, after which the stock fell 15.15% to close at $31.14 on October 29, 2025. Investors have until April 20, 2026 to seek appointment as lead plaintiff.
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