Enphase Investors Urged to Contact Law Firm by April 20 Deadline

Faruqi & Faruqi, LLP Reminds Enphase (ENPH) Investors of Securities Class Action Deadline

Feb. 23, 2026 at 11:57pm

Got story updates? Submit your updates here. ›

Faruqi & Faruqi, LLP, a national securities law firm, is investigating potential claims against Enphase Energy, Inc. (NASDAQ: ENPH) and is reminding investors of the April 20, 2026 deadline to seek the role of lead plaintiff in a federal securities class action lawsuit filed against the company.

Why it matters

The lawsuit alleges that Enphase made false and/or misleading statements about its ability to manage channel inventory, mitigate effects from the termination of the 25D Credit, and its overall financial and operational prospects, which caused the company's stock price to drop significantly in October 2025.

The details

The complaint alleges that Enphase violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) Enphase overstated its ability to manage its channel inventory; (2) Enphase overstated its ability to mitigate effects arising from the termination of the 25D Credit; (3) accordingly, Enphase overstated its financial and operational prospects; and (4) as a result, the Company's public statements were materially false and misleading at all relevant times.

  • On October 28, 2025, Enphase reported its Q3 2025 financial results and held an earnings call.
  • On October 29, 2025, Enphase's stock price fell $5.56 per share, or 15.15%, to close at $31.14 per share.

The players

Enphase Energy, Inc.

A renewable energy technology company that designs and manufactures home energy solutions.

Faruqi & Faruqi, LLP

A leading national securities law firm investigating potential claims against Enphase Energy.

James (Josh) Wilson

A securities litigation partner at Faruqi & Faruqi, LLP who is encouraging investors who suffered losses in Enphase to contact him directly.

Got photos? Submit your photos here. ›

What they’re saying

“If you purchased or acquired securities in Enphase between April 22, 2025 and October 28, 2025 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).”

— James (Josh) Wilson, Securities Litigation Partner, Faruqi & Faruqi, LLP (Newsfilecorp)

What’s next

The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member.

The takeaway

This case highlights the importance for investors to be aware of potential securities law violations by public companies and to seek legal counsel if they have suffered losses, as Faruqi & Faruqi is doing on behalf of Enphase investors who may have been impacted by the company's alleged misconduct.