FLNC INVESTOR ALERT: Robbins Geller Rudman & Dowd LLP Announces that Fluence Energy, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit

Core Viewpoint - Fluence Energy, Inc. is facing a class action lawsuit due to alleged violations of the Securities Exchange Act of 1934, with claims of misleading statements and undisclosed issues regarding its relationships with major partners [1][3]. Group 1: Lawsuit Details - The class action lawsuit is titled Abramov v. Fluence Energy, Inc. and covers purchasers of Fluence Energy common stock from November 29, 2023, to February 10, 2025 [1]. - Allegations include that Fluence Energy's relationship with Siemens AG and The AES Corporation was expected to decline, and that Siemens Energy accused Fluence of engineering failures and fraud [3]. - A report from Blue Orca Capital on February 22, 2024, revealed that Siemens Energy had filed a lawsuit against Fluence Energy for misrepresentations and fraud, leading to a stock price drop of over 13% [4]. Group 2: Financial Performance - On February 10, 2025, Fluence Energy reported a net loss of $57 million for Q1 of fiscal year 2025, compared to a loss of $25.6 million in the same period the previous year, with revenues falling 49% year-over-year [5]. - The company lowered its revenue guidance to a range of $3.1 billion to $3.7 billion, down from a prior outlook of $3.6 billion to $4.4 billion, resulting in a stock price decline of over 46% [5]. Group 3: Legal Process - The Private Securities Litigation Reform Act of 1995 allows any investor who purchased Fluence Energy common stock during the class period to seek appointment as lead plaintiff in the lawsuit [6]. - The lead plaintiff represents the interests of all class members and can select a law firm to litigate the case [6]. Group 4: Law Firm Background - Robbins Geller Rudman & Dowd LLP is a leading law firm in securities fraud and shareholder litigation, having recovered over $2.5 billion for investors in 2024 alone [7]. - The firm has been ranked 1 in securing monetary relief for investors in securities class action cases for four out of the last five years [7].