Fluence Energy(FLNC)

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FLNC INVESTOR ALERT: Robbins Geller Rudman & Dowd LLP Announces that Fluence Energy, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
Globenewswire· 2025-03-19 15:05
Core Viewpoint - Fluence Energy, Inc. is facing a class action lawsuit due to alleged violations of the Securities Exchange Act of 1934, with claims of misleading statements and undisclosed issues regarding its relationships with major partners [1][3]. Group 1: Lawsuit Details - The class action lawsuit is titled Abramov v. Fluence Energy, Inc. and covers purchasers of Fluence Energy common stock from November 29, 2023, to February 10, 2025 [1]. - Allegations include that Fluence Energy's relationship with Siemens AG and The AES Corporation was expected to decline, and that Siemens Energy accused Fluence of engineering failures and fraud [3]. - A report from Blue Orca Capital on February 22, 2024, revealed that Siemens Energy had filed a lawsuit against Fluence Energy for misrepresentations and fraud, leading to a stock price drop of over 13% [4]. Group 2: Financial Performance - On February 10, 2025, Fluence Energy reported a net loss of $57 million for Q1 of fiscal year 2025, compared to a loss of $25.6 million in the same period the previous year, with revenues falling 49% year-over-year [5]. - The company lowered its revenue guidance to a range of $3.1 billion to $3.7 billion, down from a prior outlook of $3.6 billion to $4.4 billion, resulting in a stock price decline of over 46% [5]. Group 3: Legal Process - 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 [6]. - The lead plaintiff represents the interests of all class members and can select a law firm to litigate the case [6]. Group 4: 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 [7]. - The firm has been ranked 1 in securing monetary relief for investors in securities class action cases for four out of the last five years [7].
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 ...
FLNC INVESTOR ALERT: Fluence Energy, Inc. Investors with Substantial Losses Have Opportunity to Lead the Fluence Class Action Lawsuit
Prnewswire· 2025-03-18 21:50
Core Viewpoint - Fluence Energy, Inc. is facing a class action lawsuit for alleged violations of the Securities Exchange Act of 1934, with claims of misleading statements and undisclosed issues regarding its relationships with major partners and financial performance [1][3][4]. Company Overview - Fluence Energy provides energy storage and optimization software for renewable energy and storage applications [2]. Allegations - The lawsuit alleges that Fluence Energy's relationship with its founders and major revenue sources, Siemens AG and The AES Corporation, was expected to decline [3]. - Siemens Energy accused Fluence Energy of engineering failures and fraud, which was not disclosed to investors [3]. - The lawsuit claims that Fluence Energy's reported margins and revenue growth were inflated as Siemens AG and The AES Corporation were moving to divest [3]. Financial Performance - On February 10, 2025, Fluence Energy reported a net loss of $57 million for Q1 of fiscal year 2025, compared to a loss of $25.6 million in the same period the previous year [5]. - Revenues fell by 49% year-over-year, and the company lowered its revenue guidance to a range of $3.1 billion to $3.7 billion from a prior outlook of $3.6 billion to $4.4 billion [5]. - Following the financial results announcement, Fluence Energy's stock price dropped by more than 46% [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 [6]. - The lead plaintiff represents the interests of all class members and can select a law firm to litigate the case [6]. Law Firm Background - Robbins Geller Rudman & Dowd LLP is a leading law firm specializing in securities fraud and shareholder litigation, having recovered over $2.5 billion for investors in 2024 alone [7].
FLNC SECURITIES NOTICE: A Class Action was filed against Fluence Energy, Inc. – Investors that Lost Money are Reminded to Contact BFA Law (NASDAQ:FLNC)
GlobeNewswire News Room· 2025-03-18 12:33
NEW YORK, March 18, 2025 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a lawsuit has been filed against Fluence Energy, Inc. (NASDAQ: FLNC) and certain of the Company’s senior executives for potential violations of the federal securities laws. If you invested in Fluence Energy, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/fluence-energy-inc. Investors have until May 12, 2025, to ask the Court to be app ...
Levi & Korsinsky Reminds Fluence Energy, Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of May 12, 2025 - FLNC
Prnewswire· 2025-03-18 09:45
NEW YORK, March 18, 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 ...
FLNC Investors Have Opportunity to Lead Fluence Energy, Inc. Securities Fraud Lawsuit
Prnewswire· 2025-03-17 18:29
Core Viewpoint - Rosen Law Firm has announced a class action lawsuit on behalf of purchasers of common stock of Fluence Energy, Inc. during the specified Class Period from November 29, 2023, to February 10, 2025, due to alleged misleading statements and undisclosed information regarding the company's financial health and relationships with key partners [1][5]. Group 1: Lawsuit Details - The lawsuit claims that during the Class Period, Fluence made false and/or misleading statements and failed to disclose critical information about its relationships with Siemens AG and The AES Corporation, which were expected to decline [5]. - Allegations include that Siemens Energy accused Fluence of engineering failures and fraud, and that Fluence's reported margins and revenue growth were inflated as Siemens and AES were moving to divest [5]. - The lawsuit asserts that the defendants lacked a reasonable basis for their positive statements regarding Fluence's battery energy storage business and related financial results, leading to investor damages when the truth was revealed [5]. Group 2: Participation Information - Investors who purchased Fluence common stock during the Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - To join the class action, interested parties can visit the provided link or contact the law firm directly for more information [3][6]. - A lead plaintiff must file a motion with the Court by May 12, 2025, to represent other class members in the litigation [1][3]. Group 3: Law Firm Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including the largest securities class action settlement against a Chinese company at the time [4]. - The firm has been consistently ranked among the top firms for securities class action settlements and has recovered hundreds of millions of dollars for investors [4]. - In 2019, the firm secured over $438 million for investors, showcasing its capability and experience in handling such cases [4].
The Gross Law Firm Announces the Filing of a Securities Class Action on Behalf of Fluence Energy, Inc. (FLNC) Shareholders
GlobeNewswire News Room· 2025-03-17 18:21
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]. Summary by Relevant Sections Class Period and Allegations - The class period for the lawsuit is from November 29, 2023, to February 10, 2025 [3]. - Allegations include: 1. Decline in Fluence's relationship with major revenue sources, Siemens AG and The AES Corporation [3]. 2. Siemens Energy accused Fluence of engineering failures and fraud [3]. 3. Inflated margins and revenue growth as Siemens and AES were moving to divest [3]. 4. Lack of reasonable basis for positive statements regarding Fluence's battery energy storage business and financial results [3]. Next Steps for Shareholders - Shareholders are encouraged to register for the class action by May 12, 2025, to participate in potential recovery [4]. - Registration includes enrollment in a portfolio monitoring software for status updates throughout the case [4]. Law Firm Information - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit and fraud [5]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors affected by misleading statements [5].
FLNC Shareholders Have Opportunity to Lead the Fluence Energy, Inc. Securities Lawsuit - Contact the DJS Law Group to Discuss Your Rights - FLNC
Prnewswire· 2025-03-17 13:58
LOS ANGELES, March 17, 2025 /PRNewswire/ -- The DJS Law Group reminds investors of a class action lawsuit against Fluence Energy, Inc. ("Fluence" or "the Company") (NASDAQ: FLNC) for violations of the federal securities laws.Shareholders who purchased the Company's securities between November 29, 2023, and February 10, 2025, inclusive (the "Class Period"), are encouraged to contact the firm before May 12, 2025. CASE DETAILS: The complaint alleges that the Company made false and misleading statem ...
Fluence Energy, Inc. Securities Fraud Class Action Lawsuit Pending: Contact The Gross Law Firm Before May 12, 2025 to Discuss Your Rights - FLNC
Prnewswire· 2025-03-17 09:45
NEW YORK, March 17, 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=136034&from=4CLASS PERIOD: November 29, 202 ...
FLUENCE ENERGY SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK & FOTI, LLC REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Fluence Energy, Inc. - FLNC
Prnewswire· 2025-03-15 02:50
Core Viewpoint - A securities class action lawsuit has been filed against Fluence Energy, Inc. for failing to disclose material information during the class period, which has led to significant financial losses for investors [3]. Company Financial Performance - Fluence reported a net loss of $57 million, or $0.32 per share, for Q1 2025, 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, and the company lowered 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 [4]. - The decline in revenue guidance was attributed to customer-driven delays in signing contracts and competitive pressures [4]. Stock Market Reaction - 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 - Investors who purchased shares of Fluence between November 29, 2023, and February 10, 2025, have until May 12, 2025, to file lead plaintiff applications in the class action lawsuit [1][2]. - The case is identified as Daniel Abramov v. Fluence Energy, Inc., et al., No. 25-cv-00444 [5].