ENPH INVESTOR ALERT: Enphase Energy, Inc. Investors with Substantial Losses Have Opportunity to Lead Investor Class Action Lawsuit

Core Viewpoint - Enphase Energy is facing a class action lawsuit alleging that the company and its executives made false statements regarding its market position and revenue performance, particularly in Europe, leading to significant stock price declines [5][6][7][10]. Company Performance - Enphase Energy reported a revenue decrease of approximately 15% in Europe for Q3 2024 compared to Q2 2024, attributed to softening demand [5]. - For Q3 2023, the company experienced a more severe revenue decline of about 34% in Europe compared to Q2 2023, also due to weakening demand in key markets such as the Netherlands, France, and Germany [10]. Legal Proceedings - The class action lawsuit, titled "The Trustees of the Welfare and Pension Funds of Local 464A - Pension Fund v. Enphase Energy, Inc.," allows investors who purchased Enphase Energy common stock between April 25, 2023, and October 22, 2024, to seek appointment as lead plaintiff by February 11, 2025 [6]. - The lawsuit claims that Enphase Energy systematically overstated its ability to maintain pricing levels and market share against low-cost Chinese competitors [7].