Shareholders Filed a Lawsuit Against Enphase Energy for Misleading Investors About European Pricing
Court: N.D. California
Case: 4:24-cv-09038
On December 13, 2024, 
ENPH shareholders filed a class action against Enphase Energy, accusing it of misleading investors about its ability to maintain pricing and market share in Europe.
What is this lawsuit about?
Between April 25, 2023, and October 22, 2024, Enphase repeatedly claimed its European business was strong, even amid rising competition from cheaper Chinese brands. However, Enphase later reported major revenue declines in the region, including a 70% drop in Q4 2023 and another 15% drop in Q3 2024. These admissions contradicted earlier reassurances and led to a 14.92% drop in ENPH.
What can you do to recover your losses now?
We’re keeping track of all updates and will notify ENPH investors about potential recovery.
More than 600 companies are currently facing securities class action lawsuits, and over 100 are already paying settlements. Connect your brokerage account to automatically check which ones you may have missed — or follow this case for key updates.