The complaint alleges that throughout the Class Period, defendants made misleading and/or false statements and/or failed to disclose: (1) that its revenues, both international and U.S., were inflated; (2) that the company engaged in improper practices in relation to deferred revenue accounting; (3) that the company overstated its reported base points expansion in gross margins; and that (4) as a result of the foregoing, public statements made by the defendant were materially misleading and false at all relevant times.
Enphase Energy, Inc.
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