Core Viewpoint - A class action securities lawsuit has been filed against Fluence Energy, Inc. for alleged securities fraud affecting investors between October 28, 2021, and February 10, 2025 [1][2] Group 1: Allegations - The lawsuit claims that Fluence Energy made false statements regarding its relationships with major revenue sources, Siemens AG and The AES Corporation, suggesting these relationships were set to decline [2] - It is alleged that Siemens Energy accused Fluence of engineering failures and fraud, which was not disclosed to investors [2] - The complaint states that Fluence's reported margins and revenue growth were inflated due to the impending divestment by Siemens and AES [2] - The defendants are said to have lacked a reasonable basis for their positive statements about Fluence's battery energy storage business and its financial outlook [2] Group 2: Legal Process - Investors who suffered losses during the specified period have until May 12, 2025, to request appointment as lead plaintiff in the lawsuit [3] - Participation in the lawsuit does not require serving as a lead plaintiff, and class members may be entitled to compensation without any out-of-pocket costs [3] Group 3: Firm Background - Levi & Korsinsky, LLP has a history of securing significant settlements for shareholders and is recognized as one of the top securities litigation firms in the United States [4]
Shareholders that lost money on Fluence Energy, Inc.(FLNC) Urged to Join Class Action – Contact Levi & Korsinsky to Learn More