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ROSEN, A RANKED AND LEADING FIRM, Encourages Fluence Energy, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – FLNC
FLNCFluence Energy(FLNC) GlobeNewswire News Room·2025-03-29 03:25

Core Viewpoint - Rosen Law Firm is reminding investors who purchased common stock of Fluence Energy, Inc. during the specified Class Period of the upcoming lead plaintiff deadline on May 12, 2025 [1]. Group 1: Class Action Details - Investors who bought Fluence common stock between November 29, 2023, and February 10, 2025, may be eligible for 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 law firm or submitting a form [3][6]. - The deadline to move the Court to serve as lead plaintiff is May 12, 2025, with the lead plaintiff acting on behalf of other class members [3]. Group 2: Case Allegations - The lawsuit alleges that during the Class Period, Fluence made false or misleading statements regarding its business relationships and financial health, particularly concerning its ties with Siemens AG and The AES Corporation [5]. - Specific claims include that Fluence's relationship with its major revenue sources 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, leading to a lack of reasonable basis for positive statements about its battery energy storage business and financial prospects [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, highlighting its own achievements in this area [4]. - The firm has secured significant settlements for investors, including over $438 million in 2019 alone, and has been consistently ranked among the top firms for securities class action settlements [4].