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].

NEW YORK, March 27, 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 ...

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, a 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 outlook [1] Group 2: Class Action Details - Shareholders who purchased FLNC shares during the specified class period are encouraged to register for potential lead plaintiff appointment [1][2] - The deadline for shareholders to seek lead plaintiff status is May 12, 2025 [2] - Registered shareholders will receive updates through a portfolio monitoring software throughout the lifecycle of the case [2] Group 3: Law Firm Information - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit and fraud [3] - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [3]

NEW YORK, March 26, 2025 (GLOBE NEWSWIRE) -- 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=138491&from=3 CLASS PERIOD: November ...

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NEW YORK, March 25, 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 ...