Enphase Energy Inc. Common Stock (NASDAQ: ENPH)
52 Days left to seek lead plaintiff status.
The Complaint alleges that, throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts, about the Company’s business and operations. Specifically, the Complaint alleges Defendants systematically overstated the Company’s ability to maintain its pricing levels and market share for microinverter products in Europe in the face of competition from low-cost, Chinese alternatives. As a result of Defendants’ alleged wrongful acts and omissions, Plaintiff and other members of the Class purchased Enphase’s securities at artificially inflated prices during the Class Period.