FLNC LEGAL REMINDER: Did Fluence Energy, Inc. Commit Securities Fraud? Contact BFA Law before May 12 Court Deadline (NASDAQ:FLNC)

Core Viewpoint - A lawsuit has been filed against Fluence Energy, Inc. and its senior executives for potential violations of federal securities laws, alleging misrepresentation of the company's competitive position and financial performance [1][2][4]. Group 1: Lawsuit Details - The lawsuit is pending in the U.S. District Court for the Eastern District of Virginia, titled Abramov v. Fluence Energy, Inc., et al., No. 25-cv-00444, with claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 [2]. - Investors have until May 12, 2025, to request to be appointed to lead the case [2]. Group 2: Allegations Against Fluence Energy - Fluence Energy is accused of misrepresenting its sales pipeline and backlog of orders, concealing declines in sales and earnings growth through aggressive revenue pull-forwards and selective earnings adjustments [4][5]. - A report by Blue Orca Capital revealed that Siemens Energy, a major revenue source for Fluence, filed a lawsuit against the company for misrepresentations and fraud [5]. Group 3: Financial Performance - In Q1 2025, Fluence Energy reported a net loss of $57 million, or $0.32 per share, with revenues falling 49% year-over-year, leading to a 46% decline in stock price to $7.00 per share [6]. - The company attributed the revenue decline to customer-driven delays in contract signings and competitive pressures, prompting a lowered revenue outlook for the fiscal year 2025 [6].