LOS
ANGELES, July 25, 2024 /PRNewswire/ -- The DJS Law
Group reminds investors of a class action lawsuit against Enphase
Energy, Inc. ("Enphase" or "the Company") (NASDAQ:ENPH) for
violations of §§10(b) and 20(a) of the Securities Exchange Act of
1934 and Rule 10b-5 promulgated
thereunder by the U.S. Securities and Exchange Commission.
Shareholders who purchased shares of ENPH during the class
period listed are encouraged to contact the firm regarding possible
lead plaintiff appointments. Appointment as lead plaintiff is not
required to partake in any recovery.
CLASS PERIOD: February 7,
2023 to April 25, 2023
DEADLINE: July 29, 2024
CASE DETAILS: The complaint alleges that the
Company made false and misleading statements to the market. Enphase
suffered a decrease in battery shipments to both Europe and California. The Company was experiencing a
slowdown in its battery adoption. The Company also experienced a
longer transition time with Net Energy Metering ("NEM") 3.0 than it
led the market to expect. Based on these facts, the Company's
public statements were false and materially misleading throughout
the class period. When the market learned the truth about Enphase,
investors suffered damages.
NEXT STEPS FOR SHAREHOLDERS: Please contact the managing
partner of DJS Law Group, David
Schwartz, at David@djslawllp.com
WHY DJS LAW GROUP? DJS Law Group's primary focus is to
enhance investor return through balanced counseling and aggressive
advocacy. We specialize in securities class actions, corporate
governance litigation, and domestic/international M&A
appraisals. Our clients are some of the largest and most
sophisticated hedge funds and alternative asset managers in the
world. The litigation claims of our clients are extraordinarily
valuable assets that demand respect, focus, and results.
This press release may be considered Attorney Advertising in
some jurisdictions under the applicable law and rules of
ethics.
CONTACT:
David J.
Schwartz
DJS Law Group
274 White Plains Road, Suite 1
Eastchester, NY 10709
Phone: 914-206-9742
Email: David@djslawllp.com
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SOURCE DJS Law Group LLP