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].

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 revenue sources, Siemens AG and The AES Corporation, was deteriorating, 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, leading to a stock price drop of over 13% [5]. - In its Q1 2025 financial 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 of $3.1 billion to $3.7 billion, down from $3.6 billion to $4.4 billion [6]. 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, representing the interests of the class [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 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]. Group 1: Lawsuit Details - The lawsuit is pending in the U.S. District Court for the Eastern District of Virginia, captioned Abramov v. Fluence Energy, Inc., et al., No. 25-cv-00444 [2]. - Investors have until May 12, 2025, to request to be appointed to lead the case [2]. Group 2: Company Background - Fluence Energy specializes in energy storage products and solutions, delivery services, operational and maintenance services, and digital applications for energy storage [3]. Group 3: Allegations and Financial Performance - Allegations include that Fluence Energy misrepresented its sales pipeline and backlog, 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][5].

NEW YORK, April 3, 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=140404&from=4CLASS PERIOD: November 29, 2023 ...

If you purchased or otherwise acquired Fluence securities, have information, or would like to learn more about this investigation, please contact Thomas W. Elrod of Kirby McInerney LLP by email at investigations@kmllp.com, or fill out the form below, to discuss your rights or interests with respect to these matters without any cost to you. [CONTACT FORM] NEW YORK, April 01, 2025 (GLOBE NEWSWIRE) -- The law firm of Kirby McInerney LLP reminds investors that a class action lawsuit has been filed in the U.S. D ...

NEW YORK, April 01, 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 ...

ARLINGTON, Va., April 01, 2025 (GLOBE NEWSWIRE) -- Fluence Energy, Inc. ("Fluence" or the "Company") (NASDAQ:FLNC), a global market leader delivering intelligent energy storage, services, and asset optimization software, today announced the expansion of Mr. Peter Williams' current role to the position of Senior Vice President and Chief Product and Supply Chain Officer. In this expanded role, Mr. Williams will oversee the Company's unified product and supply chain organization, with the view of accelerating ...

Levi & Korsinsky, LLP Joseph E. Levi, Esq. Ed Korsinsky, Esq. 33 Whitehall Street, 17th Floor New York, NY 10004 [email protected] Tel: (212) 363-7500 Fax: (212) 363-7171 www.zlk.com WHAT'S NEXT? If you suffered a loss in Fluence Energy during the relevant time frame, you have until May 12, 2025 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff. NO COST TO YOU: If you are a class member, you may be entitled to co ...

Core Viewpoint - Rosen Law Firm is reminding purchasers of Fluence Energy, Inc. common stock about the upcoming lead plaintiff deadline for a class action lawsuit related to misleading statements made by the company during a specified class period [1][5]. Group 1: Class Action Details - The class period for the lawsuit is from November 29, 2023, to February 10, 2025, and the lead plaintiff deadline is May 12, 2025 [1]. - 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]. - A class action lawsuit has already been filed, and interested parties can join by contacting the Rosen Law Firm [3][6]. Group 2: Allegations Against Fluence - The lawsuit alleges that Fluence made false and misleading statements regarding its business relationships and financial performance [5]. - Specific claims include that Fluence's relationship with Siemens AG and The AES Corporation 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, and that the company lacked a reasonable basis for its positive statements about its battery energy storage business [5]. Group 3: Rosen Law Firm's 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, and its founding partner was recognized as a leading figure in the plaintiffs' bar [4].

SAN DIEGO, March 31, 2025 (GLOBE NEWSWIRE) -- Robbins LLP reminds stockholders that a class action was filed on behalf of those who purchased or otherwise acquired Fluence Energy, Inc. (NASDAQ: FLNC) securities between November 29, 2023 and February 10, 2025. Fluence, through its subsidiaries, offers energy storage products and solutions, delivery services, recurring operational and maintenance services, and digital applications and solutions for energy storage and other power assets. For more information, ...