A class action lawsuit has been filed against Enphase Energy Inc., alleging that the company and certain executives made false or misleading statements regarding their ability to manage channel inventory and mitigate impacts from the expiration of the Residential Clean Energy Credit. The lawsuit claims that Enphase overstated its financial and operational prospects. Following the company's third quarter 2025 financial report, which disclosed increased channel inventory and anticipated revenue impacts, Enphase's stock price fell by more than 15 percent. The case seeks to represent investors who purchased Enphase securities between April 22, 2025, and October 28, 2025.

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