Then, on February 10, 2025, Fluence issued a press release announcing its financial results for the first quarter of its fiscal year 2025. Fluence reported a net loss of $57 million, or $0.32 per share, compared to a loss of $25.6 million, or $0.14 per share, for the same period in the prior year, with revenues falling 49% year-over- year to $186.8 million. For fiscal year 2025, Fluence lowered its revenue guidance to a range of $3.1 billion to $3.7 billion, from its prior outlook of $3.6 billion to $4.4 bi ...

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Fluence To Contact Him Directly To Discuss Their OptionsIf you purchased or acquired securities in Fluence between November 29, 2023 to February 10, 2025 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).[You may also click here for additional information]NEW YORK, April 10, 2025 /PRNewswire/ -- Faruqi & Fa ...

Core Viewpoint - The Fluence Energy class action lawsuit alleges violations of the Securities Exchange Act of 1934 by Fluence Energy and certain executives, representing purchasers of Fluence Energy common stock [1][4]. Group 1: Allegations and Financial Impact - The lawsuit claims that Fluence Energy misled investors about its relationships with major revenue sources, Siemens AG and The AES Corporation, which were expected to decline [4]. - Siemens Energy accused Fluence Energy of engineering failures and fraud, which was not disclosed to investors [4]. - A report from Blue Orca Capital revealed that Fluence Energy failed to disclose a lawsuit from Siemens Energy, leading to a stock price drop of over 13% [5]. - Fluence Energy reported a net loss of $57 million for Q1 2025, a significant increase from a loss of $25.6 million in the same period the previous year, with revenues falling 49% year-over-year [6]. - Following the financial results announcement, Fluence Energy's stock price fell more than 46% [6]. Group 2: Legal Process and Representation - The Private Securities Litigation Reform Act of 1995 allows any investor who purchased Fluence Energy common stock during the Class Period to seek appointment as lead plaintiff in the lawsuit [7]. - The lead plaintiff represents the interests of all class members and can select a law firm of their choice for litigation [7]. Group 3: Company Background - Fluence Energy specializes in energy storage and optimization software for renewable energy and storage applications [3]. - Robbins Geller Rudman & Dowd LLP, the law firm handling the case, is a leading firm in securities fraud and shareholder litigation, having recovered over $2.5 billion for investors in 2024 alone [8].

Core Viewpoint - A class action lawsuit has been filed against Fluence Energy, Inc. for alleged violations of securities laws, with claims of false and misleading statements regarding the company's financial health and relationships with key partners [1][4]. Group 1: Lawsuit Details - The lawsuit pertains to Fluence's actions between November 29, 2023, and February 10, 2025, during which investors are encouraged to participate if they suffered losses [2]. - The Schall Law Firm is representing investors and is actively seeking participants in the class action [5]. Group 2: Allegations Against Fluence - The complaint alleges that Fluence made false and misleading statements about its revenue growth and margins, which were reportedly inflated [4]. - It is claimed that the relationship between Fluence and its major partners, Siemens AG and The AES Corporation, was deteriorating, with Siemens Energy accusing Fluence of fraudulent activities and engineering failures [4].

Core Viewpoint - A class action securities lawsuit has been filed against Fluence Energy, alleging securities fraud that affected investors between November 29, 2023, and February 10, 2025 [1][2]. Group 1: Allegations - The lawsuit claims that Fluence Energy made false statements and concealed critical information regarding its relationships with major partners Siemens AG and The AES Corporation, suggesting a decline in these relationships [2]. - It is alleged that Siemens Energy accused Fluence of engineering failures and fraud, which could impact the company's credibility and financial performance [2]. - The complaint asserts that Fluence's reported margins and revenue growth were artificially inflated as Siemens and AES were planning to divest their interests [2]. - Due to these factors, the defendants are said to have lacked a reasonable basis for their positive statements regarding Fluence's battery energy storage business and its financial outlook [2]. Group 2: Legal Process - Investors who suffered losses during the specified timeframe have until May 12, 2025, to request appointment as lead plaintiff in the lawsuit [3]. - Participation in the lawsuit does not require investors to incur any out-of-pocket costs or fees, allowing class members to seek compensation without financial obligation [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions of dollars for shareholders over the past 20 years [4]. - The firm has been recognized as one of the top securities litigation firms in the United States for seven consecutive years, indicating its expertise in handling complex cases [4].

Core Viewpoint - Fluence Energy, Inc. is facing allegations of issuing materially false and misleading statements regarding its business operations and financial performance during the class period from November 29, 2023, to February 10, 2025 [1] Group 1: Allegations and Issues - The complaint alleges that Fluence's relationship with its major revenue sources, Siemens AG and The AES Corporation, is expected to decline [1] - Siemens Energy, the U.S. affiliate of Siemens AG, has accused Fluence of engineering failures and fraud [1] - Fluence's reported margins and revenue growth are claimed to be inflated as Siemens and AES are moving towards divestment [1] - The defendants are said to lack a reasonable basis for their positive statements regarding Fluence's battery energy storage business and its financial results, growth, and prospects [1] Group 2: Class Action Details - Shareholders who purchased FLNC shares during the specified class period are encouraged to register for the class action, with a deadline set for May 12, 2025 [2] - Registered shareholders will be enrolled in a portfolio monitoring software to receive updates throughout the case lifecycle [2] - There is no cost or obligation for shareholders to participate in the case [2]

Core Viewpoint - A securities class action lawsuit has been filed against Fluence Energy, Inc. for alleged misrepresentation and fraud during the specified class period from November 29, 2023, to February 10, 2025 [1][2]. Group 1: Legal Action and Allegations - The lawsuit was initiated following a report by Blue Orca Capital on February 22, 2024, which disclosed that Siemens had sued Fluence for misrepresentation, breach of contract, and fraud [2]. - Investors who purchased Fluence securities during the class period have until May 12, 2025, to seek appointment as lead plaintiff [2]. Group 2: Stock Price Impact - Following the news of Siemens' lawsuit, Fluence's stock price dropped over 13%, from $17.01 to $14.73 per share on February 22, 2024 [3]. - On February 10, 2025, Fluence reported a net loss of $57 million for Q1 fiscal 2025, with revenues declining 49% year-over-year, leading to a further stock price decline of over 46%, from $13.07 to $7.00 per share on February 11, 2025 [3][4]. Group 3: Financial Performance - Fluence's financial results for Q1 fiscal 2025 indicated a significant net loss and a drastic reduction in revenue guidance, raising concerns among investors [3].

Core Viewpoint - A class action securities lawsuit has been filed against Fluence Energy, alleging securities fraud that affected investors between November 29, 2023, and February 10, 2025 [1][2]. Group 1: Allegations of Fraud - The lawsuit claims that Fluence Energy made false statements regarding its relationships with major partners Siemens AG and The AES Corporation, suggesting these relationships were stable when they were actually declining [2]. - It is alleged that Siemens Energy accused Fluence of engineering failures and fraud, which undermines the company's credibility [2]. - The complaint states that Fluence's reported margins and revenue growth were artificially inflated as Siemens and AES were planning to divest from the company [2]. - The defendants are said to have lacked a reasonable basis for their positive statements about Fluence's battery energy storage business and its financial outlook [2]. Group 2: Legal Process and Participation - Investors who suffered losses during the specified timeframe have until May 12, 2025, to request appointment as lead plaintiff in the lawsuit [3]. - Participation in the lawsuit does not require investors to incur any out-of-pocket costs or fees, allowing class members to seek compensation without financial obligation [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions of dollars for shareholders over the past 20 years [4]. - The firm has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [4].

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Fluence Energy, Inc. due to significant losses suffered by investors, particularly following a substantial decline in the company's stock value and allegations of misleading statements regarding its financial health and business relationships [2][4][5]. Group 1: Company Overview - Fluence Energy, Inc. is publicly traded on NASDAQ under the ticker FLNC and has faced a significant decline in its stock price, dropping over 45% on February 11, 2025, after reporting a 49% year-over-year revenue decline [5]. - The company has been accused of failing to disclose critical information regarding its relationships with major partners, Siemens AG and The AES Corporation, which are essential to its revenue [4]. Group 2: Legal Allegations - The complaint against Fluence alleges violations of federal securities laws, including making false or misleading statements and failing to disclose a lawsuit from Siemens Energy, which accused Fluence of engineering failures and fraud [4]. - The allegations suggest that Fluence's financial results and growth prospects were overstated, leading to significant losses for investors as the company's market value plummeted [4]. Group 3: Investor Actions - Investors who suffered losses exceeding $75,000 between November 29, 2023, and February 10, 2025, are encouraged to contact Faruqi & Faruqi to discuss their legal options and the upcoming May 12, 2025, deadline to seek lead plaintiff status in the class action [1][2][6]. - The firm is also seeking information from whistleblowers, former employees, and shareholders regarding Fluence's conduct to support the investigation [7].

Core Viewpoint - Fluence Energy, Inc. is facing a class action lawsuit due to allegations of issuing materially false and misleading statements regarding its business relationships and financial performance during the specified class period [3][4]. Group 1: Allegations - The lawsuit claims that Fluence's relationship with its major revenue sources, Siemens AG and The AES Corporation, was expected to decline [3]. - Siemens Energy, a U.S. affiliate of Siemens AG, has accused Fluence of engineering failures and fraud [3]. - The company's reported margins and revenue growth were allegedly inflated as Siemens and AES were moving towards divestment [3]. - The defendants are said to have lacked a reasonable basis for their positive statements regarding Fluence's battery energy storage business and its financial outlook [3]. Group 2: Class Action Details - The class period for the lawsuit is defined as November 29, 2023, to February 10, 2025 [3]. - Shareholders who purchased FLNC shares during this period are encouraged to register for participation in the class action, with a deadline set for May 12, 2025 [4]. - Registration allows shareholders to receive updates on the case's progress through a portfolio monitoring software [4].