San Diego, California–(Newsfile Corp. – December 20, 2024)– Robbins Geller Rudman & Dodd LLP announces that purchasers or acquirers of common stock of Enphase Energy, Inc. (NASDAQ: NASDAQ:) between April 25, 2023 and October 22, 2024, inclusive of both dates (the “Class Period”), they have until February 11, 2025 to seek appointment as lead plaintiff in Phase energy Class action lawsuit. Written on it Trustees of Domestic Welfare and Pension Funds 464A – Retirement Fund v. Enphase Energy, Inc.No. 24-cv-09038 (N.D. Cal.), the Phase energy A class action lawsuit accuses Enphase Energy and certain senior Enphase Energy executives of violating the Securities Exchange Act of 1934.
If you have incurred significant losses and wish to serve as lead plaintiff in the case Phase energy Class action lawsuit, please submit your information here:
https://www.rgrdlaw.com/cases-enphase-energy-class-action-lawsuit-enph.html
You can also contact lawyers JC Sanchez or Jennifer N. Caringal From Robbins Geller by calling 800/449-4900 or by email at info@rgrdlaw.com.
Case allegations: Enphase Energy designs, develops, manufactures and sells home energy solutions for the solar PV industry.
the Phase energy The class action alleges that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that defendants systematically overestimated Enphase Energy's ability to maintain pricing levels and market share for its microinverter products in Europe in the face of competition from Low-income companies. -The cost of Chinese alternatives.
the Phase energy The class action also alleges that on October 26, 2023, Enphase Energy announced that third-quarter 2023 revenues “decreased in Europe by approximately 34%, compared to the second quarter of 2023 due to… decreased demand in our key market – the Netherlands.” France and Germany.” Based on this news, the price of Enphase Energy’s common stock fell approximately 15%, according to the complaint.
then, Phase energy The class action lawsuit also alleges that on October 22, 2024, Enphase Energy reported its third-quarter 2024 financial results and revealed that “revenues in Europe decreased approximately 15% for the third quarter of 2024, compared to the second quarter of 2024” due to “more European demand declines. On this news, Enphase Energy's common stock price fell approximately 15%, according to Phase energy Class action lawsuit.
Lead Plaintiff Process: The Private Securities Litigation Reform Act of 1995 allows any investor who purchased or otherwise acquired Enphase Energy common stock during the Class Period to seek appointment as lead plaintiff in Phase energy Class action lawsuit. The lead plaintiff is generally the one who has the greatest financial interest in the relief sought by the putative class and which is also typical and appropriate for the putative class. The lead plaintiff acts on behalf of all other class members at a direction Phase energy Class action lawsuit. The lead plaintiff can choose a law firm of his or her choice to file a lawsuit Phase energy Class action lawsuit. An investor's ability to participate in any potential future recovery is not dependent on serving as lead plaintiff in the case Phase energy Class action lawsuit.
About Robbins Geller: Robbins Geller Rudman & Dowd LLP is one of the world's leading law firms representing investors in securities fraud cases. Our company was No. 1 in the ISS Securities category an act (WA:) service ratings for six of the past ten years to provide the greatest financial comfort to investors. We have recovered $6.6 billion for investors in securities class action cases – more than $2.2 billion more than any other law firm in the past four years. With 200 attorneys in 10 offices, Robbins Geller is one of the largest plaintiffs' firms in the world and the firm's attorneys have obtained many of the largest securities class action recoveries in history, including the largest securities class action recovery ever – $7.2 billion – In a year In bringing back Enron again. Letig. Please visit the following page for more information:
https://www.rgrdlaw.com/services-litigation-securities-fraud.html
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