FLUX Investors Invited to Lead Securities Fraud Case Against Flux Power Holdings, Inc.

FLUX Investors Invited to Recover Losses

Overview
The Rosen Law Firm, recognized globally for its commitment to investor rights, has issued a call to all purchasers of Flux Power Holdings, Inc. (NASDAQ: FLUX) securities during the specified class period from November 11, 2022, to September 30, 2024. A class action lawsuit has been initiated against the company, prompting investors to consider their options for potential compensation.

Class Action Details
Those who purchased Flux Power securities during this period should be aware of an important deadline approaching on December 31, 2024, for those seeking to act as lead plaintiffs. A lead plaintiff represents other class members in directing the litigation. The Rosen Law Firm has emphasized that participating in this class action comes with no out-of-pocket costs due to a contingency fee arrangement.

How to Participate
Interested investors can easily join the class action by visiting the Rosen Law Firm's official site or contacting Phillip Kim, Esq., toll-free at 866-767-3653. Additionally, potential participants may also reach out via email at [email protected] for further details. Immediate action is advisable, especially for those considering taking on the role of lead plaintiff.

The Case
The lawsuit cites that throughout the class period, Flux Power's management made significant false or misleading statements. The key allegations include:
1. Overstating inventory, assets, and gross profits from November 10, 2022, onwards.
2. Understating costs of sales and net losses, which misrepresented the company's financial health.
3. Necessitating restatements of previously filed financial reports.
4. Misleading statements regarding internal control weaknesses, claiming adequacy when that was not true.
5. These actions rendered management’s comments about the company’s operations and business outlook as materially false.

When the truth regarding Flux Power’s financial practices came to light, many investors suffered financial losses. The aim of this class action is to seek justice and potential recovery of these losses for affected investors.

Rosen Law Firm's Track Record
Established as a leading voice in securities class actions, the Rosen Law Firm has a proven history of securing large settlements for investors. The firm holds the title for the largest securities class action settlement against a Chinese company at the time, and has been ranked as a top firm in the field continuously since 2013. In 2019 alone, they successfully recovered over $438 million for investors, showcasing their commitment and capability in protecting investor rights.

What Investors Can Do Now
Until the class is officially certified, investors remain unrepresented unless they decide to retain counsel. Participants can choose to act independently or remain uninvolved at this stage; however, it is important to remain aware that future recovery potential does not hinge on being a lead plaintiff.

Investors are encouraged to follow updates from the Rosen Law Firm on platforms like LinkedIn and Twitter to stay informed about the ongoing developments regarding this case.

Conclusion
The securities class action surrounding Flux Power Holdings is a critical opportunity for investors to reclaim potential losses. Understanding one's rights and options is essential in navigating this legal landscape. For those affected, swift action may pave the way to justice and recovery.

For more information or to join the class action, visit Rosen Law Firm's official site.

Contact Information
For inquiries, reach out to:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll-Free: (866) 767-3653
Fax: (212) 202-3827
Email: [email protected]

Disclaimer
This release is intended for informational purposes only and does not constitute legal advice. Prior results do not guarantee similar outcomes.