SHAREHOLDER ALERT: Fluence Energy, Inc. Sued For Securities Fraud by Block & Leviton LLP; May 12 Deadline To Seek To Serve As Lead Plaintiff

Core Viewpoint - A class action lawsuit has been filed against Fluence Energy, Inc. for allegedly violating federal securities laws by making false and misleading statements about its business and operations [1][2]. Group 1: Allegations - The lawsuit claims that Fluence Energy made false and misleading statements and failed to disclose material facts, including the potential decline of its relationships with major revenue sources, Siemens AG and The AES Corporation [2]. - It is alleged that Siemens Energy accused Fluence of engineering failures and fraud, which could impact the company's credibility [2]. - The lawsuit asserts that Fluence's reported margins and revenue growth were inflated due to the impending divestment by Siemens and AES [2]. - The defendants are said to have lacked a reasonable basis for their positive statements regarding Fluence's battery energy storage business and its financial prospects [2]. Group 2: Legal Proceedings - The lawsuit was filed in the Eastern District of Virginia under the case caption Daniel Abramov v. Fluence Energy, Inc., et al., and covers the period from November 29, 2023, to February 10, 2025 [3]. - Investors who purchased Fluence Energy stock during the class period may seek to be appointed as lead plaintiffs, with a deadline for such motions set for May 12, 2025 [4]. Group 3: Investor Information - Investors do not need to be lead plaintiffs to participate in any potential recovery and can choose their own legal representation [5].