ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) Fluence's relationship with its founders and largest sources of revenue, Siemens AG and The AES Corporation, was poised to decline; (2) Siemens Energy, Siemens AG's U.S. affiliate, had accused the Company of engineering failures and fraud; (3) Fluence's margins and revenue growth were inflated as Siemens and AES were moving to divest; and (4) ba ...

Core Viewpoint - Fluence Energy 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 relationships with major partners [1][4]. Company Overview - Fluence Energy specializes in energy storage and optimization software for renewable energy and storage applications [3]. Allegations and Financial Impact - The lawsuit claims that Fluence Energy's relationship with its founders and major revenue sources, Siemens AG and The AES Corporation, was expected to decline, and that Siemens Energy accused Fluence of engineering failures and fraud [4]. - A report from Blue Orca Capital revealed that Fluence Energy failed to disclose a lawsuit from Siemens Energy, which accused it of misrepresentations and fraud, leading to a stock price drop of over 13% [5]. - In its Q1 fiscal year 2025 results, Fluence reported a net loss of $57 million, a significant increase from a loss of $25.6 million in the same period the previous year, with revenues falling 49% year-over-year and a lowered revenue guidance range of $3.1 billion to $3.7 billion, down from $3.6 billion to $4.4 billion, resulting in a stock price decline of over 46% [6].

Then, on February 10, 2025, Fluence Energy issued a press release announcing its financial results for Q1 2025. Fluence Energy reported a net loss of $57 million, or $0.32 per share, with revenues falling 49% year-over-year, and lowered its revenue guidance for the remainder of the year. According to Fluence Energy, "[w]e have experienced customer-driven delays in signing certain contracts that, coupled with competitive pressures, result in the need to lower our fiscal year 2025 outlook." This news caused t ...

Core Viewpoint - Rosen Law Firm is reminding investors who purchased common stock of Fluence Energy, Inc. during the specified Class Period of the upcoming lead plaintiff deadline on May 12, 2025 [1]. Group 1: Class Action Details - Investors who bought Fluence common stock between November 29, 2023, and February 10, 2025, may be eligible for compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties can join by contacting the law firm or submitting a form [3][6]. - The deadline to move the Court to serve as lead plaintiff is May 12, 2025, with the lead plaintiff acting on behalf of other class members [3]. Group 2: Case Allegations - The lawsuit alleges that during the Class Period, Fluence made false or misleading statements regarding its business relationships and financial health, particularly concerning its ties with Siemens AG and The AES Corporation [5]. - Specific claims include that Fluence's relationship with its major revenue sources was expected to decline, and that Siemens Energy accused Fluence of engineering failures and fraud [5]. - The lawsuit asserts that Fluence's reported margins and revenue growth were inflated, leading to a lack of reasonable basis for positive statements about its battery energy storage business and financial prospects [5]. Group 3: Rosen Law Firm's Credentials - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions, highlighting its own achievements in this area [4]. - The firm has secured significant settlements for investors, including over $438 million in 2019 alone, and has been consistently ranked among the top firms for securities class action settlements [4].

Core Viewpoint - The Fluence Energy class action lawsuit alleges violations of the Securities Exchange Act of 1934 by Fluence Energy and its executives, focusing on misleading statements and undisclosed issues regarding the company's financial health and relationships with key partners [1][4]. Company Overview - Fluence Energy specializes in energy storage and optimization software for renewable energy and storage applications [3]. Allegations and Financial Impact - The lawsuit claims that Fluence Energy's relationship with major partners, Siemens AG and The AES Corporation, was deteriorating, which was not disclosed to investors [4]. - Siemens Energy accused Fluence Energy of engineering failures and fraud, further complicating the company's standing [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]. - In Q1 2025, Fluence Energy reported a net loss of $57 million, a significant increase from a loss of $25.6 million in the same quarter the previous year, with revenues plummeting by 49% year-over-year [6]. - The company lowered its revenue guidance for the fiscal year 2025 to a range of $3.1 billion to $3.7 billion, down from a previous estimate of $3.6 billion to $4.4 billion, resulting in a stock price decline of over 46% [6]. Legal Process - Investors who purchased Fluence Energy common stock during the Class Period can seek to be appointed as lead plaintiff in the class action lawsuit, representing the interests of all class members [7]. Law Firm Background - Robbins Geller Rudman & Dowd LLP is a leading law firm in securities fraud and shareholder litigation, having recovered over $2.5 billion for investors in 2024 alone [8].

Core Viewpoint - A securities class action lawsuit has been filed against Fluence Energy, Inc. for allegedly misleading investors regarding its financial performance and adherence to accounting standards during a specific class period [1][3]. Group 1: Lawsuit Details - The lawsuit, Abramov v. Fluence Energy, Inc., seeks to represent investors who purchased Fluence common stock between November 29, 2023, and February 10, 2025 [1][2]. - The lead plaintiff deadline for the lawsuit is set for May 12, 2025 [2]. Group 2: Financial Performance and Allegations - Fluence Energy reported a 49% year-over-year decline in quarterly revenue for Q1 2025, with net losses more than doubling [3]. - The company reduced its fiscal 2025 revenue projection by $600 million, attributing this to delayed contracts and ongoing SEC investigations into its financial practices [3][4]. - Following the poor financial announcement, Fluence shares dropped by $6.07, a 46% decrease, resulting in a loss of nearly $790 million in market capitalization in one day [4]. Group 3: Company Relationships and Investigations - The lawsuit highlights concerns regarding Fluence's relationships with Siemens and AES, its founding partners, and significant revenue sources [3][6]. - Siemens Energy has accused Fluence of fraud and engineering defects, suggesting that revenue growth and profit margins may have been artificially inflated as Siemens and AES prepared to divest [6].

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 28, 2025 /PRNewsw ...

Core Viewpoint - A lawsuit has been filed against Fluence Energy, Inc. and its senior executives for potential violations of federal securities laws, alleging misrepresentation of the company's competitive position and financial performance [1][2][4]. Company Overview - Fluence Energy specializes in energy storage products and solutions, delivery services, operational and maintenance services, and digital applications for energy storage and power assets [3]. Allegations and Financial Performance - The lawsuit claims that Fluence Energy misrepresented its competitive position, sales pipeline, and backlog of orders, concealing declines in sales and earnings growth through aggressive revenue pull-forwards and selective earnings adjustments [4]. - On February 10, 2025, Fluence Energy reported a net loss of $57 million, or $0.32 per share, with revenues falling 49% year-over-year, and subsequently lowered its revenue guidance for the year [6]. - Following the release of this financial information, Fluence Energy's stock price dropped 46%, closing at $7.00 per share on February 11, 2025 [6]. Legal Context - The lawsuit is pending in the U.S. District Court for the Eastern District of Virginia, with investors having until May 12, 2025, to seek lead plaintiff status [2].

NEW YORK, March 28, 2025 /PRNewswire/ -- 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/fluence-en ...

Core Viewpoint - Fluence Energy, Inc. is facing a securities class action lawsuit for failing to disclose material information during the class period, which has led to significant financial losses and a sharp decline in share price [3][4]. Company Financials - For Q1 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 in the same period the previous year [4]. - Revenues decreased by 49% year-over-year to $186.8 million [4]. - The company revised its revenue guidance for fiscal year 2025 to a range of $3.1 billion to $3.7 billion, down from a prior outlook of $3.6 billion to $4.4 billion, citing customer-driven delays and competitive pressures [4]. Share Price Impact - Following the announcement of the financial results, Fluence's share price fell by $6.07, or 46.44%, closing at $7.00 per share on February 11, 2025 [4]. Legal Context - The lawsuit is titled Daniel Abramov v. Fluence Energy, Inc., et al., No. 25-cv-00444, and is pending in the United States District Court for the Eastern District of Virginia [5].