Kuehn Law, PLLC is investigating whether certain officers and directors of Enphase Energy, Inc. breached their fiduciary duties to shareholders. The investigation follows a federal securities lawsuit alleging that Enphase misrepresented the strength of its European operations, claiming rapid growth and strong demand in markets like the Netherlands and Germany while downplaying the impact of lower-priced Chinese competitors. The lawsuit states that the company characterized any softness as temporary and asserted that Europe had recovered and stabilized by early 2024. Shareholders who purchased ENPH prior to April 25, 2023 are encouraged to contact the law firm immediately.
Enphase Energy IncInvestigation and lawsuit alleging breach of fiduciary duties and misrepresentation of European operations and competition.