Workflow
Siemens Energy
icon
Search documents
Shareholders that lost money on Fluence Energy, Inc.(FLNC) Urged to Join Class Action - Contact Levi & Korsinsky to Learn More
Prnewswire· 2025-04-08 09:45
Core Viewpoint - A class action securities lawsuit has been filed against Fluence Energy, alleging securities fraud that affected investors between November 29, 2023, and February 10, 2025 [1][2]. Group 1: Allegations - The lawsuit claims that Fluence Energy made false statements and concealed critical information regarding its relationships with major partners Siemens AG and The AES Corporation, suggesting a decline in these relationships [2]. - It is alleged that Siemens Energy accused Fluence of engineering failures and fraud, which could impact the company's credibility and financial performance [2]. - The complaint asserts that Fluence's reported margins and revenue growth were artificially inflated as Siemens and AES were planning to divest their interests [2]. - Due to these factors, the defendants are said to have lacked a reasonable basis for their positive statements regarding Fluence's battery energy storage business and its financial outlook [2]. Group 2: Legal Process - Investors who suffered losses during the specified timeframe have until May 12, 2025, to request appointment as lead plaintiff in the lawsuit [3]. - Participation in the lawsuit does not require investors to incur any out-of-pocket costs or fees, allowing class members to seek compensation without financial obligation [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions of dollars for shareholders over the past 20 years [4]. - The firm has been recognized as one of the top securities litigation firms in the United States for seven consecutive years, indicating its expertise in handling complex cases [4].
Shareholders of Fluence Energy, Inc. Should Contact The Gross Law Firm Before May 12, 2025 to Discuss Your Rights - FLNC
Prnewswire· 2025-04-07 09:45
Core Viewpoint - Fluence Energy, Inc. is facing allegations of issuing materially false and misleading statements regarding its business operations and financial performance during the class period from November 29, 2023, to February 10, 2025 [1] Group 1: Allegations and Issues - The complaint alleges that Fluence's relationship with its major revenue sources, Siemens AG and The AES Corporation, is expected to decline [1] - Siemens Energy, the U.S. affiliate of Siemens AG, has accused Fluence of engineering failures and fraud [1] - Fluence's reported margins and revenue growth are claimed to be inflated as Siemens and AES are moving towards divestment [1] - The defendants are said to lack a reasonable basis for their positive statements regarding Fluence's battery energy storage business and its financial results, growth, and prospects [1] Group 2: Class Action Details - Shareholders who purchased FLNC shares during the specified class period are encouraged to register for the class action, with a deadline set for May 12, 2025 [2] - Registered shareholders will be enrolled in a portfolio monitoring software to receive updates throughout the case lifecycle [2] - There is no cost or obligation for shareholders to participate in the case [2]
FLNC LAWSUIT ALERT: The Gross Law Firm Notifies Fluence Energy, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline
GlobeNewswire News Room· 2025-03-31 16:59
ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) Fluence's relationship with its founders and largest sources of revenue, Siemens AG and The AES Corporation, was poised to decline; (2) Siemens Energy, Siemens AG's U.S. affiliate, had accused the Company of engineering failures and fraud; (3) Fluence's margins and revenue growth were inflated as Siemens and AES were moving to divest; and (4) ba ...
FLNC INVESTOR DEADLINE: Fluence Energy, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
Prnewswire· 2025-03-31 09:30
Core Viewpoint - Fluence Energy is facing a class action lawsuit alleging violations of the Securities Exchange Act of 1934, with claims related to misleading statements and undisclosed issues regarding its relationships with major partners [1][4]. Company Overview - Fluence Energy specializes in energy storage and optimization software for renewable energy and storage applications [3]. Allegations and Financial Impact - The lawsuit claims that Fluence Energy's relationship with its founders and major revenue sources, Siemens AG and The AES Corporation, was expected to decline, and that Siemens Energy accused Fluence of engineering failures and fraud [4]. - A report from Blue Orca Capital revealed that Fluence Energy failed to disclose a lawsuit from Siemens Energy, which accused it of misrepresentations and fraud, leading to a stock price drop of over 13% [5]. - In its Q1 fiscal year 2025 results, Fluence reported a net loss of $57 million, a significant increase from a loss of $25.6 million in the same period the previous year, with revenues falling 49% year-over-year and a lowered revenue guidance range of $3.1 billion to $3.7 billion, down from $3.6 billion to $4.4 billion, resulting in a stock price decline of over 46% [6].
FLNC COURT NOTICE: Fluence Energy, Inc. has been Sued for Securities Fraud; Investors are Notified to Contact BFA Law before May 12 Legal Deadline
GlobeNewswire News Room· 2025-03-30 12:17
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]. Company Overview - Fluence Energy specializes in energy storage products and solutions, delivery services, operational and maintenance services, and digital applications for energy storage and power assets [3]. Allegations and Financial Performance - The lawsuit claims that Fluence Energy misrepresented its competitive position, sales pipeline, and backlog of orders, concealing declines in sales and earnings growth through aggressive revenue pull-forwards and selective earnings adjustments [4]. - On February 10, 2025, Fluence Energy reported a net loss of $57 million, or $0.32 per share, with revenues falling 49% year-over-year, and subsequently lowered its revenue guidance for the fiscal year 2025 [6]. Market Reaction - Following the release of negative financial results and a report from Blue Orca Capital revealing legal issues with Siemens Energy, Fluence Energy's stock price declined by 46%, closing at $7.00 per share on February 11, 2025 [5][6].
Fluence Energy (FLNC) Faces Investor Scrutiny Over Accounting and Ongoing SEC Investigation, Securities Class Action Pending – Hagens Berman
GlobeNewswire News Room· 2025-03-28 17:38
Core Viewpoint - A securities class action lawsuit has been filed against Fluence Energy, Inc. for allegedly misleading investors regarding its financial performance and adherence to accounting standards during a specific class period [1][3]. Group 1: Lawsuit Details - The lawsuit, Abramov v. Fluence Energy, Inc., seeks to represent investors who purchased Fluence common stock between November 29, 2023, and February 10, 2025 [1][2]. - The lead plaintiff deadline for the lawsuit is set for May 12, 2025 [2]. Group 2: Financial Performance and Allegations - Fluence Energy reported a 49% year-over-year decline in quarterly revenue for Q1 2025, with net losses more than doubling [3]. - The company reduced its fiscal 2025 revenue projection by $600 million, attributing this to delayed contracts and ongoing SEC investigations into its financial practices [3][4]. - Following the poor financial announcement, Fluence shares dropped by $6.07, a 46% decrease, resulting in a loss of nearly $790 million in market capitalization in one day [4]. Group 3: Company Relationships and Investigations - The lawsuit highlights concerns regarding Fluence's relationships with Siemens and AES, its founding partners, and significant revenue sources [3][6]. - Siemens Energy has accused Fluence of fraud and engineering defects, suggesting that revenue growth and profit margins may have been artificially inflated as Siemens and AES prepared to divest [6].
FLNC REMINDER: Suffer Losses on Fluence Energy, Inc.? Contact BFA Law by May 12 Class Action Deadline
GlobeNewswire News Room· 2025-03-28 12:17
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]. Company Overview - Fluence Energy specializes in energy storage products and solutions, delivery services, operational and maintenance services, and digital applications for energy storage and power assets [3]. Allegations and Financial Performance - The lawsuit claims that Fluence Energy misrepresented its competitive position, sales pipeline, and backlog of orders, concealing declines in sales and earnings growth through aggressive revenue pull-forwards and selective earnings adjustments [4]. - On February 10, 2025, Fluence Energy reported a net loss of $57 million, or $0.32 per share, with revenues falling 49% year-over-year, and subsequently lowered its revenue guidance for the year [6]. - Following the release of this financial information, Fluence Energy's stock price dropped 46%, closing at $7.00 per share on February 11, 2025 [6]. Legal Context - The lawsuit is pending in the U.S. District Court for the Eastern District of Virginia, with investors having until May 12, 2025, to seek lead plaintiff status [2].
全球AI工业+能源:美国联邦航空管理局宣布安全提升计划,LNG出口许可加速审批提振出口前景
Group 1: AI Data Centers - The AI data center sector is experiencing a "valuation bubble + geopolitical risk" pricing logic, with rising supply chain costs due to Trump's tariff policies[1] - Major tech companies plan to invest over $345 billion in AI infrastructure in 2025, with Microsoft alone investing $80 billion[16] - NVIDIA's Blackwell chip production is accelerating, with four major public cloud vendors purchasing 3.6 million units, capturing 92% of the global AI GPU market[18] Group 2: Industrial and Energy Equipment - The price index for aircraft engines and components in the U.S. was 273.188 in February 2025, stable month-on-month and up 6.2% year-on-year[2] - The price index for gas turbines increased by 5.35% year-on-year and 0.22% month-on-month in February 2025[63] - The price index for electric and special transformers was 433.246 in February 2025, stable month-on-month and up 1.07% year-on-year[48] Group 3: Infrastructure Investments - The U.S. is expected to invest an average of $44 billion annually in the power grid from 2023 to 2030, with total investment in distribution networks reaching $581.5 billion[21] - In 2025, China's State Grid and Southern Grid are projected to invest over 825 billion yuan, a significant increase from 2024[31] Group 4: Defense and Aerospace - The U.S. government defense price index was 117.187 in Q4 2024, stable quarter-on-quarter and up 3.2% year-on-year[44] - Raytheon Technologies (RTX) continues to benefit from increased defense spending, particularly in missile systems and aerospace electronics[5]
FLNC CLASS ACTION NEWS: Lose Money on Fluence Energy, Inc.? Investors are Reminded to Contact BFA Law before May 12 Deadline (NASDAQ:FLNC)
Globenewswire· 2025-03-22 12:07
Core Viewpoint - A lawsuit has been filed against Fluence Energy, Inc. and certain 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, captioned Abramov v. Fluence Energy, Inc., et al., No. 25-cv-00444 [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]. - A report from Blue Orca Capital revealed that Siemens Energy, a major revenue source, filed a lawsuit against Fluence Energy for misrepresentations and fraud [5]. Group 3: Financial Performance - On February 10, 2025, Fluence Energy reported a net loss of $57 million, or $0.32 per share, with revenues falling 49% year-over-year [6]. - Following the financial results announcement, Fluence Energy's stock price declined by 46%, closing at $7.00 per share on February 11, 2025 [6].
FLNC INVESTOR ALERT: Robbins Geller Rudman & Dowd LLP Announces that Fluence Energy, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
Globenewswire· 2025-03-19 15:05
Core Viewpoint - Fluence Energy, Inc. is facing a class action lawsuit due to alleged violations of the Securities Exchange Act of 1934, with claims of misleading statements and undisclosed issues regarding its relationships with major partners [1][3]. Group 1: Lawsuit Details - The class action lawsuit is titled Abramov v. Fluence Energy, Inc. and covers purchasers of Fluence Energy common stock from November 29, 2023, to February 10, 2025 [1]. - Allegations include that Fluence Energy's relationship with Siemens AG and The AES Corporation was expected to decline, and that Siemens Energy accused Fluence of engineering failures and fraud [3]. - A report from Blue Orca Capital on February 22, 2024, revealed that Siemens Energy had filed a lawsuit against Fluence Energy for misrepresentations and fraud, leading to a stock price drop of over 13% [4]. Group 2: Financial Performance - On February 10, 2025, Fluence Energy reported a net loss of $57 million for Q1 of fiscal year 2025, compared to a loss of $25.6 million in the same period the previous year, with revenues falling 49% year-over-year [5]. - The company lowered its revenue guidance to a range of $3.1 billion to $3.7 billion, down from a prior outlook of $3.6 billion to $4.4 billion, resulting in a stock price decline of over 46% [5]. Group 3: Legal Process - The Private Securities Litigation Reform Act of 1995 allows any investor who purchased Fluence Energy common stock during the class period to seek appointment as lead plaintiff in the lawsuit [6]. - The lead plaintiff represents the interests of all class members and can select a law firm to litigate the case [6]. Group 4: Law Firm Background - Robbins Geller Rudman & Dowd LLP is a leading law firm in securities fraud and shareholder litigation, having recovered over $2.5 billion for investors in 2024 alone [7]. - The firm has been ranked 1 in securing monetary relief for investors in securities class action cases for four out of the last five years [7].