Investor Firms Vie to Lead Enphase Securities Class Actions Over Inventory, Tax-Credit Claims
Law firms are soliciting buyers of ENPH shares from April 22 to October 28, 2025 ahead of an April 20, 2026 deadline to seek lead-plaintiff status.
Overview
- DJS Law Group, the Schall Law Firm, Berger Montague, and the Rosen Law Firm announced or filed securities class actions targeting Enphase Energy.
- Faruqi & Faruqi said it is investigating related claims and reminded investors of the same April 20, 2026 lead-plaintiff deadline.
- Complaints allege Enphase overstated its ability to manage elevated channel inventory during the April–October 2025 class period.
- Plaintiffs also claim the company overstated its capacity to offset demand loss tied to the accelerated expiration of the Residential Clean Energy Credit under Section 25D.
- Filings cite Enphase’s October 28, 2025 disclosure of excess inventory, reduced Q4 battery shipments, and a projected Q1 2026 revenue hit, followed by a 15.15% stock drop to $31.14 on October 29, 2025.