Core Viewpoint - A class action securities lawsuit has been filed against Fluence Energy, Inc. alleging securities fraud that affected investors between October 28, 2021, and February 10, 2025 [1][2]. Group 1: Allegations - The lawsuit claims that Fluence Energy made false statements and concealed critical information regarding its relationships with major partners Siemens AG and The AES Corporation, suggesting a decline in these relationships [2]. - It is alleged that Siemens Energy accused Fluence of engineering failures and fraud, which could impact the company's credibility and financial performance [2]. - The complaint asserts that Fluence's reported margins and revenue growth were artificially inflated due to the impending divestment by Siemens and AES, undermining the validity of the company's positive statements about its battery energy storage business [2]. Group 2: Legal Process - Investors who suffered losses during the specified timeframe have until May 12, 2025, to request appointment as lead plaintiff in the lawsuit, although participation does not require serving in this role [3]. - Class members may be entitled to compensation without incurring any out-of-pocket costs or fees, indicating a no-cost participation model for affected investors [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions of dollars for shareholders over the past 20 years and consistently ranking among the top securities litigation firms in the United States [4].

NEW YORK, April 23, 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=144421&from=3 CLASS PERIOD: October ...

Core Viewpoint - Fluence Energy, Inc. is facing securities class action lawsuits due to alleged failure to disclose material information during the class period from October 28, 2021, to February 10, 2025, which has led to significant financial losses for investors [1][3]. Financial Performance - 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, 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]. - Following the announcement of these results, Fluence's share price dropped by $6.07, or 46.44%, closing at $7.00 per share on February 11, 2025 [4]. Legal Context - The lawsuits allege that Fluence and certain executives violated federal securities laws by failing to disclose material information during the class period [3]. - The first-filed case is Abramov v. Fluence Energy, Inc., et al., and a subsequent case, Kramer v. Fluence Energy, Inc., expanded the class period [5]. Company Background - Kahn Swick & Foti, LLC is a prominent boutique securities litigation law firm, ranked among the top 10 firms nationally based on total settlement value [5]. - The firm represents a variety of clients, including public and private institutional investors, in seeking recoveries for investment losses due to corporate fraud or malfeasance [5].

Core Insights - Fluence Energy, Inc. released its fiscal year 2024 Sustainability Report, highlighting its commitment to responsible sourcing and sustainability initiatives [1][2][3] Group 1: Sustainability Initiatives - The report outlines Fluence's progress in environmental, social, and governance (ESG) initiatives, including a multi-year sustainability roadmap aimed at reducing embodied carbon and implementing circular economy principles [2][3] - Fluence's sustainability strategy aligns with the UNGC Ten Principles and supports several United Nations Sustainable Development Goals, informed by the SASB Fuel Cells & Industrial Batteries standard and referencing the GRI [4] Group 2: Company Performance and Goals - Fluence's President and CEO emphasized the company's momentum in sustainability efforts, indicating a shift from groundwork to driving meaningful change at scale [3] - The company has submitted its first Carbon Disclosure Project (CDP) climate disclosure and expanded greenhouse gas emissions measurement to include nearly all applicable Scope 3 categories [8]

Core Viewpoint - Rosen Law Firm is reminding purchasers of Fluence Energy, Inc. common stock about a class action lawsuit with a lead plaintiff deadline of May 12, 2025, for those who bought shares between November 29, 2023, and February 10, 2025 [1][2]. Group 1 - 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 can join by contacting Rosen Law Firm [3][6]. - The Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions [4]. Group 2 - The lawsuit alleges that during the Class Period, Fluence made false or misleading statements regarding its business relationships and financial performance, particularly concerning its ties with Siemens AG and The AES Corporation [5]. - Specific claims include that Fluence's revenue growth was inflated and that there were accusations of engineering failures and fraud from Siemens Energy, leading to a lack of reasonable basis for positive statements about Fluence's business prospects [5].

SAN DIEGO, April 21, 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 ...

NEW YORK, April 21, 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 ...

NEW YORK, April 21, 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 ...

Core Viewpoint - Fluence Energy, Inc. is facing a class action lawsuit for potential violations of federal securities laws, with allegations of misrepresentation regarding its business practices and financial health [1][3][4]. Company Overview - Fluence Energy operates in the battery storage sector, providing energy storage products, delivery services, and digital solutions for power assets [3]. - The company has been accused of presenting an overly optimistic view of its competitive position and future prospects [3]. Legal Developments - A class action lawsuit has been filed against Fluence Energy and its senior executives, with investors urged to submit their losses by May 12, 2025 [2][3]. - The lawsuit claims that Fluence misrepresented the strength of its sales pipeline and order backlog, while concealing a slowdown in sales and earnings growth [4]. Financial Performance - Fluence's financial troubles became public on February 22, 2024, when a report from short seller Blue Orca Capital revealed a lawsuit from Siemens Energy, alleging misrepresentation and fraud [5]. - Following the report, Fluence's shares dropped by 13%, closing at $14.73 [5]. - On February 10, 2025, Fluence reported a net loss of $57 million, or $0.32 per share, for Q1 2025, with revenues down 49% year-over-year, leading to a 46% drop in stock price to $7.00 [6]. Investigative Actions - Hagens Berman is investigating Fluence Energy's financial disclosures and accounting practices, focusing on whether the company misled investors about material risks related to its partnerships with Siemens and AES [7]. - The investigation is prompted by significant investor losses and serious questions regarding the accuracy of Fluence's financial reporting [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, 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 sales pipeline and backlog, concealing declines in sales and earnings growth through aggressive revenue pull-forwards and selective earnings adjustments [4]. - A report by Blue Orca Capital revealed that Siemens Energy, a major revenue source, filed a lawsuit against Fluence Energy for misrepresentations and fraud, contributing to a significant decline in stock value [5]. - Following the release of Q1 2025 financial results, Fluence Energy reported a net loss of $57 million, or $0.32 per share, with revenues down 49% year-over-year, leading to a 46% drop in stock price to $7.00 per share [6].