Core Viewpoint - Rosen Law Firm has announced a class action lawsuit on behalf of purchasers of common stock of Fluence Energy, Inc. during the specified Class Period from November 29, 2023, to February 10, 2025, due to alleged misleading statements and undisclosed information regarding the company's financial health and relationships with key partners [1][5]. Group 1: Lawsuit Details - The lawsuit claims that during the Class Period, Fluence made false and/or misleading statements and failed to disclose critical information about its relationships with Siemens AG and The AES Corporation, which were expected to decline [5]. - Allegations include that Siemens Energy accused Fluence of engineering failures and fraud, and that Fluence's reported margins and revenue growth were inflated as Siemens and AES were moving to divest [5]. - The lawsuit asserts that the defendants lacked a reasonable basis for their positive statements regarding Fluence's battery energy storage business and related financial results, leading to investor damages when the truth was revealed [5]. Group 2: Participation Information - Investors who purchased Fluence common stock during the Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - To join the class action, interested parties can visit the provided link or contact the law firm directly for more information [3][6]. - A lead plaintiff must file a motion with the Court by May 12, 2025, to represent other class members in the litigation [1][3]. Group 3: Law Firm Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including the largest securities class action settlement against a Chinese company at the time [4]. - The 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]. - In 2019, the firm secured over $438 million for investors, showcasing its capability and experience in handling such cases [4].
FLNC Investors Have Opportunity to Lead Fluence Energy, Inc. Securities Fraud Lawsuit