NEW YORK, April 17, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Fluence Energy, Inc. (NASDAQ: FLNC).Shareholders who purchased shares of FLNC during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/fluence-energy-loss-submission-form/?id=143338&from=4CLASS PERIOD: November 29, 202 ...

NEW YORK, April 16, 2025 (GLOBE NEWSWIRE) -- Gainey McKenna & Egleston announces that a securities class action lawsuit has been filed in the United States District Court for the Eastern District of Virginia on behalf of all persons or entities who purchased or otherwise acquired Fluence Energy, Inc. (“Fluence Energy” or the “Company”) (NASDAQ: FLNC) securities between November 29, 2023 and February 10, 2025, inclusive (the “Class Period”). The Complaint alleges that Defendants made false and/or misleading ...

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]. Company Overview - Fluence Energy is a global provider of energy storage products and services, focusing on renewable energy and storage solutions [2]. Allegations and Issues - The class action lawsuit claims that Fluence Energy's energy storage products had design and operational defects, which were not adequately addressed, leading to overstated financial performance metrics [3]. - Specific allegations include failures in product design, installation, and maintenance, as well as issues with warranty obligations [3]. - A report highlighted significant defects in Fluence Energy's Diablo project, including slow response times and multiple system failures, which resulted in a stock price drop of over 15% [4]. Financial Performance and Stock Impact - Fluence Energy's financial guidance for fiscal 2025 was initially set between $3.6 billion and $4.4 billion, but was later revised down to a range of $3.1 billion to $3.7 billion, reflecting a reduction of approximately $600 million at the midpoint [7]. - The company reported quarterly revenue of $187 million, which missed consensus estimates by nearly 48%, leading to a stock price decline of more than 52% over three days [7]. - The annual revenue guidance for fiscal 2025 indicated that only 65% was covered by the current backlog, suggesting a need for new orders to meet targets [6]. Legal Proceedings - The class action lawsuit is led by Robbins Geller Rudman & Dowd LLP, which has a strong track record in prosecuting investor class actions related to financial fraud [8][10]. - Investors who purchased Fluence Energy Class A common stock during the class period have until May 12, 2025, to seek appointment as lead plaintiff in the lawsuit [1][9].

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Fluence Energy, Inc. due to allegations of securities law violations, with a deadline for investors to seek lead plaintiff status in a class action lawsuit by May 12, 2025 [2][4]. Company Overview - Fluence Energy, Inc. (NASDAQ: FLNC) has faced significant challenges, including a reported 49% year-over-year revenue decline and a 45% drop in share price following negative reports about its business practices and relationships with major partners [5]. Allegations Against Fluence - The complaint against Fluence alleges that the company and its executives made false or misleading statements regarding its business relationships, particularly with Siemens AG and The AES Corporation, and failed to disclose critical issues such as engineering failures and fraud accusations from Siemens Energy [4]. - It is claimed that Fluence's financial results and growth prospects were overstated, leading to significant losses for investors as the company's stock value plummeted [4]. Legal Proceedings - Investors who suffered losses exceeding $75,000 between November 29, 2023, and February 10, 2025, are encouraged to contact Faruqi & Faruqi to discuss their legal options [1]. - The role of lead plaintiff in the class action lawsuit is open to any member of the putative class, with the deadline for applications set for May 12, 2025 [6]. Investor Communication - Faruqi & Faruqi is actively seeking information from whistleblowers, former employees, and shareholders regarding Fluence's conduct to support the ongoing investigation [7].

NEW YORK, April 11, 2025 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a lawsuit has been filed against Fluence Energy, Inc. (NASDAQ: FLNC) and certain of the Company’s senior executives for potential violations of the federal securities laws. If you invested in Fluence Energy, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/fluence-energy-inc. Investors have until May 12, 2025, to ask the Court to be app ...

NEW YORK, April 11, 2025 /PRNewswire/ -- 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 November 29, 2023 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/fluence-en ...

Core Viewpoint - Fluence Energy, Inc. is facing significant legal and financial challenges, including a federal securities class action and declining financial performance, which may impact investor confidence and stock value [1][3][5]. Financial Performance - For Q1 of fiscal year 2025, Fluence reported a net loss of $57 million, or $0.32 per share, compared to a loss of $25.6 million, or $0.14 per share, in the same period the previous year [4]. - Revenues fell by 49% year-over-year to $186.8 million [4]. - The company lowered its revenue guidance for fiscal year 2025 to a range of $3.1 billion to $3.7 billion, down from a prior outlook of $3.6 billion to $4.4 billion [4]. Legal Issues - A federal securities class action has been filed against Fluence, with a deadline of May 12, 2025, for investors to seek the role of lead plaintiff [1]. - The lawsuit is based on allegations that Fluence failed to disclose the declining relationship with major revenue sources, Siemens AG and The AES Corporation, and that Siemens Energy accused Fluence of misrepresentations and fraud [5]. Market Reaction - Following the release of the Blue Orca report on February 22, 2024, Fluence shares dropped by $2.28, or approximately 13%, from $17.01 to $14.73 [3]. - After Fluence's Q1 2025 financial results announcement on February 10, 2025, shares fell by $6.07, or approximately 46%, from $13.07 to $7.00 [4].

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 ...

Core Viewpoint - The Fluence Energy class action lawsuit alleges violations of the Securities Exchange Act of 1934 by Fluence Energy and certain executives, representing purchasers of Fluence Energy common stock [1][4]. Group 1: Allegations and Financial Impact - The lawsuit claims that Fluence Energy misled investors about its relationships with major revenue sources, Siemens AG and The AES Corporation, which were expected to decline [4]. - Siemens Energy accused Fluence Energy of engineering failures and fraud, which was not disclosed to investors [4]. - A report from Blue Orca Capital revealed that Fluence Energy failed to disclose a lawsuit from Siemens Energy, leading to a stock price drop of over 13% [5]. - Fluence Energy reported a net loss of $57 million for Q1 2025, a significant increase from a loss of $25.6 million in the same period the previous year, with revenues falling 49% year-over-year [6]. - Following the financial results announcement, Fluence Energy's stock price fell more than 46% [6]. Group 2: Legal Process and Representation - 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 [7]. - The lead plaintiff represents the interests of all class members and can select a law firm of their choice for litigation [7]. Group 3: Company Background - Fluence Energy specializes in energy storage and optimization software for renewable energy and storage applications [3]. - Robbins Geller Rudman & Dowd LLP, the law firm handling the case, is a leading firm in securities fraud and shareholder litigation, having recovered over $2.5 billion for investors in 2024 alone [8].

Core Viewpoint - A class action lawsuit has been filed against Fluence Energy, Inc. for alleged violations of securities laws, with claims of false and misleading statements regarding the company's financial health and relationships with key partners [1][4]. Group 1: Lawsuit Details - The lawsuit pertains to Fluence's actions between November 29, 2023, and February 10, 2025, during which investors are encouraged to participate if they suffered losses [2]. - The Schall Law Firm is representing investors and is actively seeking participants in the class action [5]. Group 2: Allegations Against Fluence - The complaint alleges that Fluence made false and misleading statements about its revenue growth and margins, which were reportedly inflated [4]. - It is claimed that the relationship between Fluence and its major partners, Siemens AG and The AES Corporation, was deteriorating, with Siemens Energy accusing Fluence of fraudulent activities and engineering failures [4].