Core Viewpoint - The Fluence Energy class action lawsuit alleges violations of the Securities Exchange Act of 1934 by Fluence Energy and its executives, focusing on misleading statements and undisclosed issues regarding the company's financial health and relationships with key partners [1][4]. Company Overview - Fluence Energy specializes in energy storage and optimization software for renewable energy and storage applications [3]. Allegations and Financial Impact - The lawsuit claims that Fluence Energy's relationship with major partners, Siemens AG and The AES Corporation, was deteriorating, which was not disclosed to investors [4]. - Siemens Energy accused Fluence Energy of engineering failures and fraud, further complicating the company's standing [4]. - A report from Blue Orca Capital revealed that Fluence Energy failed to disclose a lawsuit from Siemens Energy, leading to a stock price drop of over 13% [5]. - In Q1 2025, Fluence Energy reported a net loss of 25.6 million in the same quarter the previous year, with revenues plummeting by 49% year-over-year [6]. - The company lowered its revenue guidance for the fiscal year 2025 to a range of 3.7 billion, down from a previous estimate of 4.4 billion, resulting in a stock price decline of over 46% [6]. Legal Process - Investors who purchased Fluence Energy common stock during the Class Period can seek to be appointed as lead plaintiff in the class action lawsuit, representing the interests of all class members [7]. 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 [8].
FLNC INVESTOR NOTICE: Robbins Geller Rudman & Dowd LLP Announces that Fluence Energy, Inc. Investors with Substantial Losses Have Opportunity to Lead Investor Class Action Lawsuit