Core Viewpoint - A class action lawsuit has been filed against Fluence Energy, Inc. for alleged violations of securities laws, with claims that the company made false and misleading statements regarding its financial performance and relationships with key partners [1][4]. Group 1: Lawsuit Details - The lawsuit is based on violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 [1]. - Investors who purchased Fluence's securities between November 29, 2023, and February 10, 2025, are encouraged to participate in the lawsuit [2]. - The class has not yet been certified, meaning potential participants are not currently represented by an attorney [3]. Group 2: Allegations Against Fluence - The complaint alleges that Fluence made false and misleading statements to the market, particularly regarding its revenue growth and profit margins [4]. - There are claims that the relationship between Fluence and its major partners, Siemens AG and The AES Corporation, has deteriorated [4]. - Siemens Energy has accused Fluence of fraudulent activities and engineering failures, contributing to the misleading public statements [4].
FLNC Investors Have Opportunity to Lead Fluence Energy, Inc. Securities Fraud Lawsuit with the Schall Law Firm