New York, New York--(Newsfile Corp. - June 30, 2020) - The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Enphase Energy, Inc. (NASDAQ: ENPH) alleging that the Company violated federal securities laws.
Class Period: February 26, 2019 and June 17, 2020
Lead Plaintiff Deadline: August 17, 2020
Learn more about your recoverable losses in DNK:
The filed complaint alleges that Enphase Energy, Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) its revenues, both U.S. and international, were inflated; (2) the Company engaged in improper deferred revenue accounting practices; (3) the Company's reported base points expansion in gross margins were overstated; and (4) as a result of the foregoing, Defendants' public statements were materially false and misleading at all relevant times.
Shareholders have until August 17, 2020 to petition the court for lead plaintiff status. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
For additional information about the ENPH lawsuit, please contact J. Klein, Esq. by telephone at 212-616-4899 or click the link above.
J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. Attorney advertising. Prior results do not guarantee similar outcomes.
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