{"id":49273,"date":"2020-07-20T17:17:00","date_gmt":"2020-07-20T17:17:00","guid":{"rendered":"https:\/\/icrowdnewswire.com\/2020\/07\/20\/enphase-energy-inc-investors-with-losses-greater-than-100000-encouraged-to-contact-kehoe-law-firm-p-c-august-17-2020-lead-plaintiff-deadline\/"},"modified":"2020-07-20T17:17:00","modified_gmt":"2020-07-20T17:17:00","slug":"enphase-energy-inc-investors-with-losses-greater-than-100000-encouraged-to-contact-kehoe-law-firm-p-c-august-17-2020-lead-plaintiff-deadline","status":"publish","type":"post","link":"https:\/\/ipsnews.net\/business\/2020\/07\/20\/enphase-energy-inc-investors-with-losses-greater-than-100000-encouraged-to-contact-kehoe-law-firm-p-c-august-17-2020-lead-plaintiff-deadline\/","title":{"rendered":"Enphase Energy, Inc. Investors With Losses Greater Than $100,000 Encouraged To Contact Kehoe Law Firm, P.C. \u2013 August 17, 2020 Lead Plaintiff Deadline"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" width=\"300\" height=\"181\" src=\"https:\/\/icrowdnewswire.com\/wp-content\/uploads\/2020\/07\/4000-kehoe-law.jpg\" class=\"webfeedsFeaturedVisual wp-post-image\" alt=\"\" style=\"display: block; margin-bottom: 5px; clear:both;max-width: 100%;\" link_thumbnail=\"\" \/><\/p>\n<p>&nbsp;Kehoe Law Firm, P.C. continues to&nbsp;investigate potential securities claims&nbsp;on behalf of investors of Enphase Energy, Inc. (&ldquo;Enphase Energy&rdquo; or the &ldquo;Company&rdquo;) (NASDAQ: ENPH) to determine whether Enphase Energy engaged in securities fraud or other unlawful business practices.<strong>&nbsp;&nbsp;<\/strong><\/p>\n<p><strong>If you purchased, or otherwise acquired, Enphase Energy securities between&nbsp;February 26, 2019 and June 17, 2020, both dates inclusive (the &ldquo;Class Period&rdquo;),&nbsp;and suffered losses greater than $100,000, you are encouraged to complete&nbsp;<\/strong><strong>Kehoe Law Firm&rsquo;s&nbsp;Securities Class Action Questionnaire&nbsp;or contact Kevin Cauley, Director, Business Development, (215) 792-6676, Ext. 802,&nbsp;securities@kehoelawfirm.com,&nbsp;info@kehoelawfirm.com, to discuss the investigation or potential legal claims.<\/strong><\/p>\n<p>According to a class action lawsuit filed on behalf of Enphase Energy investors, Enphase Energy, allegedly, misrepresented and\/or failed to disclose to investors that: (1) its U.S. and international revenues were inflated; (2) the Company engaged in improper deferred revenue accounting practices; (3) Enphase Energy&rsquo;s reported base points expansion in gross margins were overstated; and (4) as a result of the foregoing, defendants&#8217; public statements were materially false and misleading at all relevant times.<\/p>\n<p>On June 17, 2020,&nbsp;Prescience Point Capital Management issued a press release&nbsp;regarding its &ldquo;negative research report&rdquo; concerning Enphase Energy, which, among other things, stated that &ldquo;research suggests that at least 39%, or $205 million, of US revenue reported by the company is potentially fabricated, as is a significant portion of the company&rsquo;s international revenue.&rdquo;&nbsp; Prescience Point also stated that the Company &ldquo;urge[s] the SEC, The Nasdaq Stock Market, Deloitte, Enphase&#8217;s Board of Directors, and other authorities to immediately open an investigation of ENPH&#8217;s accounting and disclosure practices.&rdquo;<\/p>\n<p><strong>On this news, Enphase Energy&rsquo;s stock price was down as much as 24.48% per share during intraday trading on June 17, 2020.<\/strong><\/p>\n<p><strong>IF YOU WISH TO SERVE AS LEAD PLAINTIFF, YOU MUST MOVE THE COURT NO LATER THAN AUGUST 17, 2020.<\/strong>&nbsp;&nbsp;To be a member of the class action, you do not need to take any action at this time; you may retain counsel of your choice; or you can take no action and remain an absent member of the class action. No class has yet been certified in the above action. Until a class is certified, you are not represented by counsel, unless you retain an attorney. An investor&rsquo;s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.<\/p>\n<p>Kehoe Law Firm, P.C., with offices in New York and Philadelphia, is a multidisciplinary, plaintiff&ndash;side law firm dedicated to protecting investors from securities fraud, breaches of fiduciary duties, and corporate misconduct.&nbsp; Combined, the partners at Kehoe Law Firm have served as Lead Counsel or Co-Lead Counsel in cases that have recovered more than $10 billion on behalf of institutional and individual investors.&nbsp;&nbsp;&nbsp;<\/p>\n<p class=\"tags\">\n<div><strong>See Campaign: <\/strong><a href=\"http:\/\/kehoelawfirm.com\" target=\"_blank\">http:\/\/kehoelawfirm.com<\/a><br \/><b>Contact Information:<\/b><br \/>Kevin Cauley, Director, Business Development, (215) 792-6676, Ext. 802,securities@kehoelawfirm.com,info@kehoelawfirm.com<\/p>\n<p><b>Tags:<\/b><br \/><a href=\"\"><\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/news-category\/wire\/\" rel=\"category tag\">Wire<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/news-category\/disclosure-newswire\/\" rel=\"category tag\">Disclosure Newswire<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/global-regions\/united-states\/\" rel=\"category tag\">United States<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/language\/english\/\" rel=\"category tag\">English<\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"\" alt=\"image\" width=\"400\" height=\"300\" class=\"cwdfimg\" \/><\/div>\n<div>\n<h3>Contact Information:<\/h3>\n<p>Kevin Cauley, Director, Business Development, (215) 792-6676, Ext. 802,\u00a0securities@kehoelawfirm.com,\u00a0info@kehoelawfirm.com<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" width=\"300\" height=\"181\" src=\"https:\/\/icrowdnewswire.com\/wp-content\/uploads\/2020\/07\/4000-kehoe-law.jpg\" alt=\"\">&nbsp;Kehoe Law Firm, P.C. continues to&nbsp;investigate potential securities claims&nbsp;on behalf of investors of Enphase Energy, Inc. (&ldquo;Enphase Energy&rdquo; or the &ldquo;Company&rdquo;) (NASDAQ: ENPH) to determine whether Enphase Energy engaged in securities fraud or other unlawful business practices.&nbsp;&nbsp; If you purchased, or otherwise acquired, Enphase Energy securities between&nbsp;February 26, 2019 and June 17, 2020, both dates &hellip; <a href=\"https:\/\/icrowdnewswire.com\/2020\/07\/20\/enphase-energy-inc-investors-with-losses-greater-than-100000-encouraged-to-contact-kehoe-law-firm-p-c-august-17-2020-lead-plaintiff-deadline\/\">Continue reading <span>Enphase Energy, Inc. Investors With Losses Greater Than $100,000 Encouraged To Contact Kehoe Law Firm, P.C. &ndash; August 17, 2020 Lead Plaintiff Deadline<\/span><\/a> <a href=\"https:\/\/ipsnews.net\/business\/2020\/07\/20\/enphase-energy-inc-investors-with-losses-greater-than-100000-encouraged-to-contact-kehoe-law-firm-p-c-august-17-2020-lead-plaintiff-deadline\/\" class=\"more-link\">Continue Reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":46,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[56,3,22,54],"tags":[],"class_list":["post-49273","post","type-post","status-publish","format-standard","hentry","category-disclosure-newswire","category-english","category-united-states","category-wire"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Enphase Energy, Inc. 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