Enphase Investor Suits Intensify as Firms Push April 20 Lead-Plaintiff Deadline

Plaintiffs say the company misled investors over inventory control tied to the loss of a key residential solar tax credit.

Overview

Investors who bought Enphase shares from April 22 to October 28, 2025 fall within the proposed class period.
A securities class action has been filed in federal court, but no class is certified yet and investors are not represented unless they hire counsel.
Multiple plaintiff firms, including Rosen, Faruqi & Faruqi, DJS Law Group, and the Schall Law Firm, are recruiting investors ahead of the April 20, 2026 deadline to seek lead-plaintiff status.
Complaints claim Enphase overstated its ability to manage channel inventory and to limit the hit from the Residential Clean Energy Credit’s expiration.
Filings point to Enphase’s October 28, 2025 update and an about 15% share drop the next day as the event that revealed the alleged issues.