Fluence Energy, Inc. Investors: Please contact the Portnoy Law Firm to recover your losses. May 12, 2025 Deadline to file Lead Plaintiff Motion

Core Viewpoint - Fluence Energy, Inc. is facing a class action lawsuit due to allegations of misleading statements and undisclosed product defects affecting its energy storage products, leading to significant financial and reputational risks for the company [3][4][5]. Group 1: Allegations and Issues - The class action lawsuit claims that Fluence Energy's energy storage products suffered from defective design, installation, operational, and maintenance issues [3]. - It is alleged that Fluence Energy failed to adequately address known product defects and installation errors, impacting customer satisfaction and project delivery [3]. - The effectiveness, reliability, and safety of Fluence Energy's products were materially overstated, leading to inflated financial metrics such as adjusted EBITDA and gross profit margins [3]. Group 2: Specific Incidents - An article published on December 20, 2023, highlighted numerous defects in Fluence Energy's Diablo project, including slow response times and inverter failures, resulting in a more than 15% decline in stock price [4]. - A subsequent report by Blue Orca Capital on February 22, 2024, revealed that Fluence Energy had prematurely sold its sixth-generation technology, linking it to operational issues and leading to a further decline of over 13% in stock price [5].