FLNC INVESTOR NOTICE: Fluence Energy, Inc. Investors with Substantial Losses Have Opportunity to Lead Securities Class Action Lawsuit

Core Viewpoint - Fluence Energy, Inc. is facing a class action lawsuit due to allegations of misleading statements and undisclosed product defects that have led to significant financial losses for investors [1][3][4]. Group 1: Class Action Lawsuit Details - The class action lawsuit against Fluence Energy involves purchasers of its Class A common stock from October 28, 2021, to February 10, 2025, with a deadline of May 12, 2025, for seeking lead plaintiff status [1]. - The lawsuit alleges that Fluence Energy and its executives violated the Securities Exchange Act of 1934 by making false statements regarding the quality and performance of their energy storage products [3][4]. - Specific allegations include defective design and operational issues with products, failure to address known defects, and overstated efficacy and safety claims [3]. Group 2: Financial Impact and Stock Performance - Following the revelation of defects in the Diablo project, Fluence Energy's stock price dropped over 15% [4]. - A subsequent report by Blue Orca Capital led to an additional decline of more than 13% in stock price due to allegations of premature technology sales and a lawsuit from Siemens Energy Inc. for fraud and design failures [5]. - In November 2024, Fluence Energy's stock fell approximately 22% after the company reported that only 65% of its fiscal 2025 revenue guidance was backed by current contracts, indicating a need for new orders [6]. - The company further reduced its fiscal 2025 revenue guidance by about $600 million in February 2025, resulting in a significant stock price drop of over 52% [7]. Group 3: Company Background - Fluence Energy is a global provider of energy storage products and services, focusing on renewable energy solutions [2].