Core Viewpoint - Rosen Law Firm is reminding purchasers of Fluence Energy, Inc. common stock about the upcoming lead plaintiff deadline for a class action lawsuit related to misleading statements made by the company during a specified class period [1][5]. Group 1: Class Action Details - The class period for the lawsuit is from November 29, 2023, to February 10, 2025, inclusive [1]. - Investors who purchased Fluence common stock during this period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by May 12, 2025 [3]. Group 2: Allegations Against Fluence - The lawsuit alleges that Fluence made false and misleading statements regarding its business relationships and financial performance [5]. - Specific claims include that Fluence's relationship with Siemens AG and The AES Corporation was expected to decline, and that Siemens Energy accused Fluence of engineering failures and fraud [5]. - The lawsuit asserts that Fluence's reported margins and revenue growth were inflated, and that the defendants lacked a reasonable basis for their positive statements about the company's battery energy storage business [5]. Group 3: Rosen Law Firm's Credentials - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions [4]. - The firm has achieved significant settlements in the past, including the largest securities class action settlement against a Chinese company at the time [4]. - Rosen Law Firm has been consistently ranked among the top firms for securities class action settlements and has recovered hundreds of millions of dollars for investors [4].

Core Viewpoint - A class action securities lawsuit has been filed against Fluence Energy, alleging securities fraud that negatively impacted investors between October 28, 2021, and February 10, 2025 [1][2]. Group 1: Allegations of Fraud - 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 these relationships were set to decline [2]. - It is alleged that Siemens Energy accused Fluence of engineering failures and fraud, which undermined the company's credibility [2]. - The complaint asserts that Fluence's reported margins and revenue growth were artificially inflated as Siemens and AES were moving towards divestment [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 and Participation - Investors who suffered losses in Fluence Energy 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 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, the law firm handling the case, 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].

Core Viewpoint - 崇德科技 has reported significant growth in revenue and profit for 2024, driven by its "one core, two wings" strategy focusing on the core business of dynamic pressure oil film sliding bearings while expanding into industrial services and international markets [1] Financial Performance - In 2024, the company achieved a revenue of 518 million yuan and a net profit attributable to shareholders of 115 million yuan, representing a year-on-year increase of 14.07% [1] - The net cash flow from operating activities reached 141 million yuan, up 170.83% year-on-year [1] - For Q1 2025, the company reported a revenue of 120 million yuan, a growth of 4.68% year-on-year, and a net profit of 27.81 million yuan [1] Industry Position and Innovation - 崇德科技 is recognized as a leading domestic manufacturer of dynamic pressure oil film sliding bearings, addressing the reliability challenges of bearings under high temperature and heavy load, thus breaking foreign technology monopolies [2] - The company has made significant advancements in the localization of key components, including overcoming challenges in the domestic production of third-generation nuclear power main pump bearings [2] International Market Expansion - The company has successfully entered the supply chains of international giants such as Siemens AG, GE, and ABB, with overseas revenue reaching 80.68 million yuan in 2024, marking a 27.87% increase [3] - 崇德科技 has established a European center to enhance local market sales and service capabilities, and has acquired 100% of German company Levicron to strengthen its international market presence [5] New Product Development - The company is actively expanding into new industries, focusing on wind power bearings, high-speed motors, and air-floating main shafts, achieving breakthroughs in these areas [4] - 崇德科技 has developed the second-generation wind power sliding bearings, which are positioned as industry-leading in design and manufacturing technology [4] Future Outlook - With the growth of downstream industries such as energy generation and petrochemicals, the demand for dynamic pressure oil film sliding bearings is expected to rise, positioning 崇德科技 for continued growth [6] - The company's strategic focus on innovation and international expansion is anticipated to enhance its competitive edge and facilitate the import substitution of key components [6]

Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Fluence Energy, Inc. regarding a class action lawsuit alleging misleading statements and undisclosed information that may have inflated the company's stock price during the specified class period [1]. Allegations - The lawsuit claims that Fluence's relationship with its major revenue sources, Siemens AG and The AES Corporation, was expected to decline [1]. - Siemens Energy, a U.S. affiliate of Siemens AG, has accused Fluence of engineering failures and fraud [1]. - The company's reported margins and revenue growth were allegedly inflated as Siemens and AES were moving towards divestment [1]. - 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 [1]. Class Action Details - The class period for the lawsuit is from October 28, 2021, to February 10, 2025 [1]. - Shareholders are encouraged to register for the class action by May 12, 2025, to potentially be appointed as lead plaintiffs [2]. - There is no cost or obligation for shareholders to participate in the case [2]. Firm's Mission - The Gross Law Firm aims to protect investors' rights against deceit, fraud, and illegal business practices [3]. - The firm is dedicated to ensuring companies engage in responsible business practices and good corporate citizenship [3]. - The firm seeks recovery for investors who suffered losses due to misleading statements or omissions that led to artificial inflation of stock prices [3].

Core Viewpoint - Rosen Law Firm is reminding purchasers of Fluence Energy, Inc. common stock about the upcoming lead plaintiff deadline for a class action lawsuit related to alleged misleading statements and failures to disclose important information during the class period from November 29, 2023, to February 10, 2025 [1][5]. Group 1: Class Action Details - Investors who purchased Fluence common stock during the specified class period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by May 12, 2025 [3]. - The lawsuit alleges that Fluence made false and misleading statements regarding its relationships with Siemens AG and The AES Corporation, which were expected to decline, and that these misrepresentations inflated Fluence's margins and revenue growth [5]. Group 2: Rosen Law Firm's Credentials - Rosen Law Firm emphasizes the importance of selecting qualified counsel with a successful track record in securities class actions, highlighting its own achievements, including the largest securities class action settlement against a Chinese company at the time [4]. - The firm has been ranked No. 1 for the number of securities class action settlements in 2017 and has consistently ranked in the top 4 since 2013, recovering hundreds of millions of dollars for investors [4]. - In 2019, the firm secured over $438 million for investors, showcasing its capability and experience in handling such cases [4].

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 October 28, 2021, to February 10, 2025 [1] Allegations - The complaint claims that Fluence's relationship with its major revenue sources, Siemens AG and The AES Corporation, was expected to decline [1] - Siemens Energy, a U.S. affiliate of Siemens AG, accused Fluence of engineering failures and fraud [1] - Fluence's reported margins and revenue growth were allegedly inflated as Siemens and AES were moving towards divestment [1] - Due to these issues, the defendants reportedly lacked a reasonable basis for their positive statements regarding Fluence's battery energy storage business and its financial outlook [1] Class Action Details - Shareholders who purchased FLNC shares during the specified class period are encouraged to register for the class action by May 12, 2025 [2] - Registered shareholders will receive updates through a portfolio monitoring software throughout the case lifecycle [2] - There is no cost or obligation for shareholders to participate in this case [2]

Core Viewpoint - Fluence Energy, Inc. is facing a class action lawsuit due to allegations of issuing materially false and misleading statements regarding its business relationships and financial performance during the specified class period [3]. Group 1: Allegations - The lawsuit claims that Fluence's relationship with its founders and major revenue sources, Siemens AG and The AES Corporation, was expected to decline [3]. - Siemens Energy, a U.S. affiliate of Siemens AG, has accused Fluence of engineering failures and fraud [3]. - The complaint asserts that Fluence's reported margins and revenue growth were inflated as Siemens and AES were moving towards divestment [3]. - It is alleged that the defendants lacked a reasonable basis for their positive statements regarding Fluence's battery energy storage business and its financial results, growth, and prospects [3]. Group 2: Class Action Details - The class period for the lawsuit is defined as October 28, 2021, to February 10, 2025 [3]. - Shareholders who purchased FLNC shares during this period are encouraged to register for the class action, with a deadline set for May 12, 2025 [4]. - Participants will be enrolled in a portfolio monitoring system to receive updates on the case's progress [4].

Core Viewpoint - A class action lawsuit has been filed against Fluence Energy, Inc. for alleged violations of securities laws during the Class Period from October 28, 2021, to February 10, 2025, claiming that the company made misleading statements regarding its business and financial condition [1][3]. Company Overview - Fluence Energy, Inc. is a global provider of battery-based energy storage products and services, as well as AI-enabled digital applications for renewable energy storage. It operates as a holding company through Fluence Energy, LLC, which was established in 2018 as a joint venture between AES and Siemens [2]. Allegations in the Lawsuit - The lawsuit alleges that Fluence made false or misleading statements by failing to disclose significant issues, including: - Defective design and operational issues with a material portion of its energy storage products [3]. - Inadequate responses to known product defects and installation errors, along with unfulfilled warranty obligations [3]. - Overstated efficacy and safety of its energy storage products and the ability to deliver projects satisfactorily [3]. - Resulting inflated financial metrics, including adjusted EBITDA and gross profit margins [3]. - Exposure to undisclosed risks of reputational and financial harm due to these issues [3]. Impact on Stock Price - Following the revelation of these deficiencies, Fluence's stock price plummeted over 80%, dropping from highs of more than $39 per share to approximately $6 per share by the end of the Class Period [4]. Next Steps for Investors - Investors who purchased Fluence Class A stock during the Class Period have until May 12, 2025, to apply to serve as lead plaintiff in the class action [5].

Core Viewpoint - A class action securities lawsuit has been filed against Fluence Energy, alleging securities fraud that negatively impacted investors between October 28, 2021, 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 revenue sources, Siemens AG and The AES Corporation, which were expected to decline [2]. - It is alleged that Siemens Energy accused Fluence of engineering failures and fraud, which undermined the company's credibility [2]. - The complaint states that Fluence's reported margins and revenue growth were artificially inflated as Siemens and AES were moving towards divestment [2]. - Due to these factors, 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 timeframe 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 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 in ISS Securities Class Action Services' Top 50 Report for seven consecutive years, highlighting its expertise in complex securities litigation [4].

Core Viewpoint - A securities class action lawsuit has been filed against Fluence Energy, Inc. for allegedly misleading investors regarding the company's financial health and relationships with key partners [1][2]. Group 1: Lawsuit Details - The lawsuit was filed in the United States District Court for the Eastern District of Virginia on behalf of all individuals or entities that purchased Fluence Energy securities between November 29, 2023, and February 10, 2025 [1]. - The complaint alleges that the defendants made false or misleading statements and failed to disclose critical information about the company's declining relationships with Siemens AG and The AES Corporation [2]. Group 2: Allegations Against the Company - Specific allegations include that Siemens Energy accused Fluence Energy of engineering failures and fraud, which could impact the company's revenue and margins [2]. - The lawsuit claims that the company's reported growth and financial results were inflated due to the impending divestment by Siemens and AES, leading to a lack of reasonable basis for the company's positive statements regarding its battery energy storage business [2]. Group 3: Investor Actions - Investors who acquired shares of Fluence Energy are encouraged to contact the law firm Gainey McKenna & Egleston before the lead plaintiff motion deadline on May 12, 2025 [3].