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Deadline on August 17th in Lawsuit for Investors in shares of Enphase Energy, Inc. (NASDAQ: ENPH)

08-05-2020 12:09 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

A Deadline is coming up on August 17, 2020 in the lawsuit for certain investors in Enphase Energy, Inc. (NASDAQ: ENPH).

A Deadline is coming up on August 17, 2020 in the lawsuit for certain investors in Enphase Energy, Inc. (NASDAQ: ENPH).

The Shareholders Foundation announced that a deadline is coming up on August 17, 2020 in the lawsuit filed for certain investors of Enphase Energy, Inc. (NASDAQ: ENPH).

Investors who purchased shares of Enphase Energy, Inc. (NASDAQ: ENPH) have certain options and there are strict and short deadlines running. Deadline: August 17, 2020. NASDAQ: ENPH stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

According to the complaint filed in the U.S. District Court for the Northern District of California the plaintiff alleges on behalf of purchasers of Enphase Energy, Inc. (NASDAQ: ENPH) common shares between February 26, 2019 and June 17, 2020, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that Enphase misrepresented and/or failed to disclose to investors that its revenues, both U.S. and international, were inflated, that the Company engaged in improper deferred revenue accounting practices, that the Company's reported base points expansion in gross margins were overstated, and that as a result of the foregoing, Defendants' public statements were materially false and misleading at all relevant times.

Those who purchased shares of Enphase Energy, Inc. (NASDAQ: ENPH) have certain options and should contact the Shareholders Foundation.

Media Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

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