Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Fluence Energy, Inc. due to significant losses suffered by investors, particularly following a substantial decline in the company's stock value and allegations of misleading statements regarding its financial health and business relationships [2][4][5]. Group 1: Company Overview - Fluence Energy, Inc. is publicly traded on NASDAQ under the ticker FLNC and has faced a significant decline in its stock price, dropping over 45% on February 11, 2025, after reporting a 49% year-over-year revenue decline [5]. - The company has been accused of failing to disclose critical information regarding its relationships with major partners, Siemens AG and The AES Corporation, which are essential to its revenue [4]. Group 2: Legal Allegations - The complaint against Fluence alleges violations of federal securities laws, including making false or misleading statements and failing to disclose a lawsuit from Siemens Energy, which accused Fluence of engineering failures and fraud [4]. - The allegations suggest that Fluence's financial results and growth prospects were overstated, leading to significant losses for investors as the company's market value plummeted [4]. Group 3: Investor Actions - Investors who suffered losses exceeding $75,000 between November 29, 2023, and February 10, 2025, are encouraged to contact Faruqi & Faruqi to discuss their legal options and the upcoming May 12, 2025, deadline to seek lead plaintiff status in the class action [1][2][6]. - The firm is also seeking information from whistleblowers, former employees, and shareholders regarding Fluence's conduct to support the investigation [7].
FLNC Investors Have Opportunity to Lead Fluence Energy Securities Fraud Lawsuit with Faruqi & Faruqi, LLP