Core Viewpoint - Rosen Law Firm has announced a class action lawsuit on behalf of purchasers of common stock of Fluence Energy, Inc. for the period between November 29, 2023, and February 10, 2025, due to alleged misleading statements and undisclosed information regarding the company's financial health and relationships with key partners [1][5]. Group 1: Lawsuit Details - The lawsuit claims that during the Class Period, Fluence made false and/or misleading statements and failed to disclose critical information about its relationships with Siemens AG and The AES Corporation, which were expected to decline [5]. - Allegations include that Siemens Energy accused Fluence of engineering failures and fraud, and that Fluence's reported margins and revenue growth were inflated as Siemens and AES were moving to divest [5]. - The lawsuit asserts that the defendants lacked a reasonable basis for their positive statements regarding Fluence's battery energy storage business and financial prospects, leading to investor damages when the truth was revealed [5]. Group 2: Participation Information - 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]. - To join the class action, interested parties can visit the provided link or contact the law firm directly for more information [3][6].
FLNC Investors with Losses in Excess of $100K Have Opportunity to Lead Fluence Energy, Inc. Securities Fraud Lawsuit