Fluence Energy(FLNC)

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Fluence Energy, Inc. Sued for Securities Law Violations - Investors Should Contact The Gross Law Firm for More Information - FLNC
Prnewswire· 2025-03-24 09:45
NEW YORK, March 24, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Fluence Energy, Inc. (NASDAQ: FLNC).Shareholders who purchased shares of FLNC during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/fluence-energy-loss-submission-form/?id=137710&from=4 CLASS PERIOD: November 29, 20 ...
Levi & Korsinsky Notifies Shareholders of Fluence Energy, Inc.(FLNC) of a Class Action Lawsuit and an Upcoming Deadline
GlobeNewswire News Room· 2025-03-24 09:33
NEW YORK, March 24, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Fluence Energy, Inc. ("Fluence Energy" or the "Company") (NASDAQ: FLNC) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Fluence Energy investors who were adversely affected by alleged securities fraud between November 29, 2023 and February 10, 2025. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/flue ...
FLNC INVESTOR ALERT: Fluence Energy, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
Prnewswire· 2025-03-22 13:58
Core Viewpoint - Fluence Energy, Inc. is facing a class action lawsuit alleging violations of the Securities Exchange Act of 1934, with claims related to misleading statements and undisclosed issues regarding its business relationships and financial performance [1][3][4]. Company Overview - Fluence Energy provides energy storage and optimization software for renewable energy and storage applications [2]. Allegations of the Lawsuit - The lawsuit claims that during the class period, Fluence Energy made false or misleading statements regarding its relationships with major partners Siemens AG and The AES Corporation, suggesting that these relationships were deteriorating [3]. - It is alleged that Siemens Energy accused Fluence Energy of engineering failures and fraud, which was not disclosed to investors [3]. - The lawsuit also states that Fluence Energy's reported margins and revenue growth were inflated due to the impending divestment by Siemens AG and The AES Corporation [3]. Impact of Reports and Financial Results - On February 22, 2024, a report from Blue Orca Capital revealed that Siemens Energy had filed a lawsuit against Fluence Energy for misrepresentations and fraud, leading to a more than 13% drop in Fluence Energy's stock price [4]. - Following the announcement of its Q1 fiscal year 2025 results on February 10, 2025, which included a net loss of $57 million (up from a loss of $25.6 million the previous year) and a 49% year-over-year revenue decline, Fluence Energy's stock price fell over 46% [5]. - The company also lowered its revenue guidance from a range of $3.6 billion to $4.4 billion to a new range of $3.1 billion to $3.7 billion [5]. Legal Process - Investors who purchased Fluence Energy common stock during the class period can seek appointment as lead plaintiff in the class action lawsuit, which allows them to represent the interests of all class members [6]. - The lead plaintiff can choose a law firm to litigate the case, and participation as lead plaintiff does not affect the ability to share in any potential recovery [6]. Law Firm Background - Robbins Geller Rudman & Dowd LLP is a leading law firm specializing in securities fraud and shareholder litigation, having secured over $2.5 billion for investors in 2024 alone [7]. - The firm has a strong track record in obtaining significant recoveries in securities class action cases, including the largest recovery in history of $7.2 billion in the Enron case [7].
Lost Money on Fluence Energy, Inc. (FLNC)? Join Class Action Suit Seeking Recovery – Contact Levi & Korsinsky
GlobeNewswire News Room· 2025-03-21 17:31
NEW YORK, March 21, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Fluence Energy, Inc. ("Fluence Energy" or the "Company") (NASDAQ: FLNC) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Fluence Energy investors who were adversely affected by alleged securities fraud between November 29, 2023 and February 10, 2025. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/flue ...
Fluence Energy, Inc. (FLNC) Investors Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
Prnewswire· 2025-03-21 16:00
Core Viewpoint - Investors in Fluence Energy, Inc. have the opportunity to lead a securities fraud class action lawsuit due to substantial losses incurred as a result of misleading statements by the company regarding its business operations and relationships with key partners [1][3]. Summary by Relevant Sections Lawsuit Details - The lawsuit alleges that from November 29, 2023, to February 10, 2025, Fluence failed to disclose critical information, including the potential decline of its relationships with major revenue sources Siemens AG and The AES Corporation [3]. - Siemens Energy, a U.S. affiliate of Siemens AG, accused Fluence of engineering failures and fraud, which was not disclosed to investors [3]. - The complaint claims that Fluence's reported margins and revenue growth were inflated as Siemens and AES were moving towards divestment [3]. - Positive statements made by Fluence regarding its business and prospects were deemed materially misleading and lacked a reasonable basis during the relevant period [3]. Participation Information - Investors who suffered losses in Fluence Energy are encouraged to contact the Law Offices of Howard G. Smith before May 12, 2025, to participate in the ongoing lawsuit [2][4]. - Individuals may choose to retain their own counsel or remain absent members of the class action without taking any immediate action [5].
Faruqi & Faruqi Reminds Fluence Energy Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of May 12, 2025 - FLNC
Prnewswire· 2025-03-21 14:30
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $75,000 In Fluence To Contact Him Directly To Discuss Their OptionsIf you suffered losses exceeding $75,000 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, March 21, 2025 /PRNewsw ...
Fluence Energy, Inc. Sued for Securities Law Violations - Investors Should Contact Levi & Korsinsky for More Information - FLNC
Prnewswire· 2025-03-21 09:45
Core Viewpoint - A class action securities lawsuit has been filed against Fluence Energy, alleging securities fraud that negatively impacted investors between November 29, 2023, and February 10, 2025 [1][2]. Group 1: Allegations and Company Performance - 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 set to decline [2]. - It is alleged that Siemens Energy accused Fluence of engineering failures and fraud, which could have implications for the company's credibility and operational integrity [2]. - The complaint asserts that Fluence's reported margins and revenue growth were artificially inflated as Siemens and AES were planning to divest from the company [2]. - Due to these factors, 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 Proceedings and Investor Participation - Investors who suffered losses in Fluence Energy 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 and reliability in handling complex cases [4].
INVESTOR ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Fluence Energy
GlobeNewswire News Room· 2025-03-20 15:43
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $75,000 In Fluence To Contact Him Directly To Discuss Their Options If you suffered losses exceeding $75,000 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, March 20, 2025 (GLO ...
The Gross Law Firm Announces the Filing of a Securities Class Action on Behalf of Fluence Energy, Inc.(FLNC) Shareholders
Prnewswire· 2025-03-20 09:45
NEW YORK, March 20, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Fluence Energy, Inc. (NASDAQ: FLNC).Shareholders who purchased shares of FLNC during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/fluence-energy-loss-submission-form/?id=137096&from=4CLASS PERIOD: November 29, 202 ...
FLNC Investors Are Reminded of Opportunity to Lead Fluence Energy, Inc. Securities Fraud Lawsuit with the Schall Law Firm
Prnewswire· 2025-03-19 14:13
LOS ANGELES, March 19, 2025 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Fluence Energy, Inc. ("Fluence" or "the Company") (NASDAQ: FLNC) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.Investors who purchased the Company's securities between November 29, 2023, and February 10, 2025, inclusive (the "Class Pe ...