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].
FLNC Investors Have the Opportunity to Lead the Fluence Energy Securities Fraud Lawsuit with Faruqi & Faruqi, LLP