Core Viewpoint - Investors in Fluence Energy, Inc. have the opportunity to lead a securities fraud class action lawsuit due to substantial losses incurred as a result of misleading statements by the company regarding its business operations and relationships with key partners [1][3]. Summary by Relevant Sections Lawsuit Details - The lawsuit alleges that from November 29, 2023, to February 10, 2025, Fluence failed to disclose critical information, including the potential decline of its relationships with major revenue sources Siemens AG and The AES Corporation [3]. - Siemens Energy, a U.S. affiliate of Siemens AG, accused Fluence of engineering failures and fraud, which was not disclosed to investors [3]. - The complaint claims that Fluence's reported margins and revenue growth were inflated as Siemens and AES were moving towards divestment [3]. - Positive statements made by Fluence regarding its business and prospects were deemed materially misleading and lacked a reasonable basis during the relevant period [3]. Participation Information - Investors who suffered losses in Fluence Energy are encouraged to contact the Law Offices of Howard G. Smith before May 12, 2025, to participate in the ongoing lawsuit [2][4]. - Individuals may choose to retain their own counsel or remain absent members of the class action without taking any immediate action [5].
Fluence Energy, Inc. (FLNC) Investors Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit