Enphase Investor Lawsuits Move Forward as Firms Seek Lead Plaintiff Before April 20 Deadline

Overview

• Multiple firms, including DJS Law Group, the Schall Law Firm, and Berger Montague, are soliciting investors to seek lead-plaintiff roles by April 20, 2026.
• The complaints assert violations of Sections 10(b) and 20(a) of the Exchange Act and SEC Rule 10b-5.
• Allegations center on misstatements about managing channel inventory and the company’s capacity to offset demand losses tied to the Residential Clean Energy Credit’s end.
• The proposed class period spans April 22 to October 28, 2025, concluding with an October 28 disclosure that preceded a roughly 15% one-day share price drop.
• Cases remain at an early stage with no class certification or court rulings reported, and putative class members are not represented by counsel unless a class is certified.