Enphase Energy, Inc. Investors With Substantial Losses Have Opportunity to Lead Class Action Lawsuit By Investing.com

San Diego, California–(Newsfile Corp. – December 20, 2024) – Robbins Geller Rudman & Dowd LLP announces that buyers or acquirers of common shares of Enphase Energy, Inc. (NASDAQ: NASDAQ:) between April 25, 2023 and October 22, 2024, inclusive (the “Class Period”), have until February 11, 2025 to request appointment as lead plaintiff of the Phase Energy class action lawsuit. Subtitled The Trustees of the Welfare and Pension Funds of Local 464A – Pension Fund v. Enphase Energy, Inc.No. 24-cv-09038 (ND Cal.), the Phase Energy The class action lawsuit accuses Enphase Energy and some of its top executives of violations of the Securities Exchange Act of 1934.

If you suffered substantial losses and wish to serve as lead plaintiff in the Phase Energy class action lawsuit, please provide your information here:

https://www.rgrdlaw.com/cases-enphase-energy-class-action-lawsuit-enph.html

You can also contact lawyers JC Sánchez either Jennifer Caringal from Robbins Geller by calling 800/449-4900 or by email at info@rgrdlaw.com.

ALLEGATIONS OF THE CASE: Enphase Energy designs, develops, manufactures and sells home energy solutions for the solar photovoltaic industry.

He Phase Energy The class action alleges that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that they systematically overstated Enphase Energy’s ability to maintain its price levels and market share for microinverter products. in Europe in the face of competition from low-level companies. -Cost, Chinese alternatives.

He Phase Energy The class action lawsuit further alleges that on October 26, 2023, Enphase Energy announced that “Q3 2023 revenue in Europe decreased approximately 34%, compared to Q2 2023 due to…weakening demand in our key markets: the Netherlands. , France and Germany.” On this news, the price of Enphase Energy’s common stock fell nearly 15%, according to the complaint.

So, the Phase Energy The class action lawsuit further alleges that on October 22, 2024 Enphase Energy announced its third quarter 2024 financial results and disclosed that “revenues in Europe decreased approximately 15% for the third quarter of 2024, compared to the second quarter of 2024” due to “further weakening of European demand”. On this news, the price of Enphase Energy’s common stock fell nearly 15%, according to the Phase Energy class action lawsuit.

THE LEAD PLAINTIFF PROCESS: The Private Securities Litigation Reform Act of 1995 permits any investor who purchased or otherwise acquired Enphase Energy common stock during the Class Period to seek appointment as lead plaintiff in the Phase Energy class action lawsuit. A lead plaintiff is generally the plaintiff with the greatest financial interest in the relief sought by the putative class and who is also typical and appropriate of the putative class. A lead plaintiff acts on behalf of all other class members to direct the lawsuit. Phase Energy class action lawsuit. The lead plaintiff may select a law firm of his or her choice to litigate the Phase Energy class action lawsuit. An investor’s ability to participate in any potential future recovery is not dependent on serving as lead plaintiff in the Phase Energy class action lawsuit.

ABOUT ROBBINS GELLER: Robbins Geller Rudman & Dowd LLP is one of the world’s leading law firms representing investors in securities fraud cases. Our Firm has been #1 in the ISS Securities Class Action (WA:) Ranking services for six of the last ten years for ensuring the greatest monetary relief for investors. We recovered $6.6 billion for investors in securities class action cases, more than $2.2 billion more than any other law firm over the past four years. With 200 attorneys in 10 offices, Robbins Geller is one of the largest plaintiff’s firms in the world and the firm’s attorneys have obtained many of the largest securities class action recoveries in history, including securities class action recoveries largest in history ($7.2 billion) in In relation to Enron Corp. Sec. Litigation. Please visit the following page for more information:

https://www.rgrdlaw.com/services-litigation-securities-fraud.html

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