SAN DIEGO, April 30, 2025 (GLOBE NEWSWIRE) -- Shareholder rights law firm Robbins LLP reminds investors it has filed a class action lawsuit on behalf of all purchasers of Fluence Energy, Inc. ("Fluence") (NASDAQ: FLNC) Class A stock between October 28, 2021 and February 10, 2025 (the "Class Period"). The complaint alleges violations of sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and U.S. Securities and Exchange Commission Rule 10b-5, promulgated thereunder. The complaint seeks relief on ...

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, inclusive [1]. - Investors who purchased Fluence common stock during this 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 must move the Court to serve as lead plaintiff by May 12, 2025 [3]. 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 defendants lacked a reasonable basis for their positive statements about the company's battery energy storage business [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 [4]. - The firm has achieved significant settlements in the past, including the largest securities class action settlement against a Chinese company at the time [4]. - Rosen Law 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].

Core Insights - NTR has signed contracts for the Uusnivala battery energy storage system (BESS) project in Finland, marking a significant step in its clean energy infrastructure development [1][5] - The project will feature a 55 MW / 110 MWh battery system, providing essential services such as frequency regulation and grid balancing [2][3] - Fluence Energy has been selected to supply its advanced battery technology, Gridstack Pro 5000, which aims to optimize land usage and enhance operational efficiency [3][4] Project Details - The Uusnivala BESS project is one of the largest in Finland, contributing to the approximately 250 MW of installed battery storage in the market [6] - Construction is expected to begin shortly, with completion anticipated by mid-2026 [4] - This project is the first BESS initiative of the L&G NTR Clean Power (Europe) Fund to enter construction, with the fund securing over €600 million in commitments [5] Strategic Importance - The Uusnivala project represents NTR's first entry into the Finnish battery storage market, emphasizing its commitment to energy resilience and net-zero goals [7] - The collaboration with Fluence highlights the importance of energy storage in creating a more resilient and flexible power system in Finland [7][10] - NTR has a strong track record in developing renewable energy projects, having deployed over €2 billion in capital across various European countries [8][9]

NEW YORK, April 29, 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 October 28, 2021 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/fluen ...

Investors can contact the law firm at no cost to learn more about recovering their losses LOS ANGELES, April 28, 2025 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Fluence Energy, Inc. ("Fluence" or the "Company") (NASDAQ: FLNC) investors of a class action representing investors that bought securities between October 28, 2021 and February 10, 2025, inclusive (the "Class Period"). Fluence investors have until May 12, 2025 to file a lead plaintiff motion. Investors are encouraged to contact attorney Lesley ...

Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Fluence Energy, Inc. regarding a class action lawsuit alleging misleading statements and undisclosed information that may have inflated the company's stock price during the specified class period [1]. Allegations - The lawsuit claims that Fluence's relationship with its major revenue sources, Siemens AG and The AES Corporation, was expected to decline [1]. - Siemens Energy, a U.S. affiliate of Siemens AG, has accused Fluence of engineering failures and fraud [1]. - The company's reported margins and revenue growth were allegedly inflated as Siemens and AES were moving towards divestment [1]. - Due to these factors, 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 [1]. Class Action Details - The class period for the lawsuit is from October 28, 2021, to February 10, 2025 [1]. - Shareholders are encouraged to register for the class action by May 12, 2025, to potentially be appointed as lead plaintiffs [2]. - There is no cost or obligation for shareholders to participate in the case [2]. Firm's Mission - The Gross Law Firm aims to protect investors' rights against deceit, fraud, and illegal business practices [3]. - The firm is dedicated to ensuring companies engage in responsible business practices and good corporate citizenship [3]. - The firm seeks recovery for investors who suffered losses due to misleading statements or omissions that led to artificial inflation of stock prices [3].

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 alleged misleading statements and failures to disclose important information during the class period from November 29, 2023, to February 10, 2025 [1][5]. Group 1: Class Action Details - Investors who purchased Fluence common stock during the specified 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 must move the Court to serve as lead plaintiff by May 12, 2025 [3]. - The lawsuit alleges that Fluence made false and misleading statements regarding its relationships with Siemens AG and The AES Corporation, which were expected to decline, and that these misrepresentations inflated Fluence's margins and revenue growth [5]. Group 2: Rosen Law Firm's Credentials - Rosen Law Firm emphasizes the importance of selecting qualified counsel with a successful track record in securities class actions, highlighting its own achievements, including the largest securities class action settlement against a Chinese company at the time [4]. - The firm has been ranked No. 1 for the number of securities class action settlements in 2017 and has consistently ranked in the top 4 since 2013, recovering 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].

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]. Related Events - A report by Blue Orca Capital on February 22, 2024, revealed that Siemens Energy, a major revenue source for Fluence Energy, filed a lawsuit against the company for misrepresentations and fraud, further impacting investor confidence [5].

SAN DIEGO, April 26, 2025 (GLOBE NEWSWIRE) -- The law firm of Robbins Geller Rudman & Dowd LLP announces that purchasers of Fluence Energy, Inc. (NASDAQ: FLNC) Class A common stock between October 28, 2021 and February 10, 2025, both dates inclusive (the “Class Period”), have until May 12, 2025 to seek appointment as lead plaintiff of the Fluence Energy class action lawsuit. Captioned Kramer v. Fluence Energy, Inc., No. 25-cv-00634 (E.D. Va.), the Fluence Energy class action lawsuit charges Fluence Energy a ...

Core Viewpoint - A lawsuit has been filed against Fluence Energy, Inc. and certain 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, titled Abramov v. Fluence Energy, Inc., et al., No. 25-cv-00444, with claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 [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 and power assets [3]. Group 3: Allegations and Financial Impact - Allegations include 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]. - A report from Blue Orca Capital revealed that Siemens Energy filed a lawsuit against Fluence Energy for misrepresentations and fraud, which contributed to a decline in stock price [5]. - In Q1 2025, Fluence Energy reported a net loss of $57 million, or $0.32 per share, with revenues falling 49% year-over-year, leading to a 46% drop in stock price to $7.00 per share [6].