HUM - DEADLINE ALERT for ENPH HTZ and HUM: The Law Offices of Frank R. Cruz Reminds Investors of Class Actions on Behalf of Shareholders | Benzinga
LOS ANGELES, July 10, 2024 (GLOBE NEWSWIRE) -- The Law Offices of Frank R. Cruz reminds investors that class action lawsuits have been filed on behalf of shareholders of the following publicly-traded companies. Investors have until the deadlines listed below to file a lead plaintiff motion.
Investors suffering losses on their investments are encouraged to contact The Law Offices of Frank R. Cruz to discuss their legal rights in these class actions at 310-914-5007 or by email to fcruz@frankcruzlaw.com.
Enphase Energy, Inc. (NASDAQ:ENPH)
Class Period: February 7, 2023 – April 25, 2023
Lead Plaintiff Deadline: July 29, 2024
The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company's business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) Enphase had been experiencing a decrease in battery shipments to Europe and California; (2) Enphase had been experiencing a slowdown in battery deployment and adoption; (3) Enphase had been experiencing a longer transition period with NEM 3.0 and slower output of inverters manufactured by the new US base manufacturing lines; and (4) as a result, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.
If ...