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Fluence Energy, Inc. Sued for Securities Law Violations – Investors Should Contact Levi & Korsinsky Before May 12, 2025 to Discuss Your Rights – FLNC
GlobeNewswire News Room· 2025-05-02 17:46
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 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 asserts that Fluence's reported margins and revenue growth were artificially inflated as Siemens and AES were planning to divest their interests [2]. - The defendants are accused of lacking a reasonable basis for their positive statements about Fluence's battery energy storage business and its financial outlook [2]. Group 2: Legal Process and Participation - Investors who suffered losses during the specified timeframe have until May 12, 2025, to request to be appointed as lead plaintiff in the case [3]. - Participation in the lawsuit does not require individuals to serve as lead plaintiffs, and there are no out-of-pocket costs for class members [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].
FLNC INVESTOR ALERT: Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $75,000 In FLNC To Contact Him Directly To Discuss Their Options
Prnewswire· 2025-05-02 02:01
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Fluence Energy, Inc. due to significant losses suffered by investors, particularly following a substantial decline in the company's stock value and allegations of misleading statements regarding its financial health and business relationships [2][4][5]. Group 1: Company Overview - Fluence Energy, Inc. is publicly traded on NASDAQ under the ticker FLNC [2]. - The company has faced a 49% year-over-year revenue decline as reported on February 11, 2025, leading to a stock price drop of over 45% [5]. Group 2: Legal Allegations - The complaint against Fluence alleges violations of federal securities laws, including making false or misleading statements and failing to disclose critical information about its relationships with major partners Siemens AG and The AES Corporation [4]. - Specific allegations include claims that Siemens Energy accused Fluence of engineering failures and fraud, and that Fluence's financial results were inflated as these partners were moving to divest [4]. Group 3: Investor Impact - Investors who suffered losses exceeding $75,000 between October 28, 2021, and February 10, 2025, are encouraged to contact Faruqi & Faruqi to discuss their legal options [1][2]. - The deadline for investors to seek the role of lead plaintiff in the federal securities class action is May 12, 2025 [2][6].
FLNC FINAL DEADLINE: ROSEN, NATIONALLY REGARDED INVESTOR COUNSEL, Encourages Fluence Energy, Inc. Investors to Secure Counsel Before Important May 12 Deadline in Securities Class Action – FLNC
GlobeNewswire News Room· 2025-04-30 19:24
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].
May 12, 2025 Deadline: Contact Levi & Korsinsky to Join Class Action Suit Against FLNC
GlobeNewswire News Room· 2025-04-29 17:09
NEW YORK, April 29, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Fluence Energy, Inc. ("Fluence Energy" or the "Company") (NASDAQ: FLNC) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Fluence Energy investors who were adversely affected by alleged securities fraud between October 28, 2021 and February 10, 2025. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/fluen ...
Class Action Filed Against Fluence Energy, Inc. (FLNC) Seeking Recovery for Investors - Contact The Gross Law Firm
Prnewswire· 2025-04-28 09:45
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].
FLNC FINAL DEADLINE: ROSEN, A GLOBAL AND LEADING LAW FIRM, Encourages Fluence Energy, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – FLNC
GlobeNewswire News Room· 2025-04-27 22:25
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].
Gainey McKenna & Egleston Announces A Class Action Lawsuit Has Been Filed Against Fluence Energy, Inc. (FLNC)
GlobeNewswire News Room· 2025-04-17 00:00
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].
SHAREHOLDER REMINDER: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Fluence Energy
Prnewswire· 2025-04-10 13:46
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Fluence To Contact Him Directly To Discuss Their OptionsIf you purchased or acquired securities in Fluence between November 29, 2023 to February 10, 2025 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).[You may also click here for additional information]NEW YORK, April 10, 2025 /PRNewswire/ -- Faruqi & Fa ...
ROSEN, A TOP RANKED LAW FIRM, Encourages Fluence Energy, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – FLNC
GlobeNewswire News Room· 2025-03-31 22:18
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, and the lead plaintiff deadline is May 12, 2025 [1]. - Investors who purchased Fluence common stock during the 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 can join by contacting the Rosen Law Firm [3][6]. 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 company lacked a reasonable basis for its positive statements about its battery energy storage business [5]. Group 3: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including the largest securities class action settlement against a Chinese company at the time [4]. - The 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]. - In 2019, the firm secured over $438 million for investors, and its founding partner was recognized as a leading figure in the plaintiffs' bar [4].
N2OFF Establishes a US Subsidiary for Its Solar PV Operations
Newsfilter· 2025-03-03 13:45
Core Insights - N2OFF, Inc. has established a new wholly-owned subsidiary, NITO Renewable Energy, Inc., to consolidate its solar operations in the U.S. [1] - The company is currently involved in three projects across two European countries, Germany and Italy [2]. Group 1: Project Developments - In Germany, a joint venture is developing a 111 MWp solar photovoltaic project in Melz, which has received municipal approval and an indicative grid connection solution that exceeds initial requirements by approximately 10% [3]. - In Italy, N2OFF and Solterra's subsidiary have finalized an agreement to develop two Battery Energy Storage Systems in Sicily, each with a capacity of 98 MWp/392 MWh, with a development timeline of 18-24 months to reach a Ready-to-Build stage [4]. - N2OFF and Solterra Energy Ltd. are collaborating to co-develop the solar PV market in Albania [5]. Group 2: Company Overview - N2OFF, Inc. focuses on sustainable energy solutions and agri-tech innovations, aiming to reduce greenhouse gas emissions and promote environmentally friendly agricultural practices [5]. - The company has a majority-owned Israeli subsidiary, NTWO OFF Ltd., which addresses nitrous oxide emissions, and a minority stake in Plantify Foods, Inc., a Canadian company offering clean-label food options [5].