Deadline Approaches: Join Class Action Against Fluence Energy By May 12, 2025

Overview of the Class Action

Levi & Korsinsky, LLP, a prominent law firm specializing in securities litigation, has notified investors of Fluence Energy, Inc. about an impending class action lawsuit. This action revolves around allegations of securities fraud, and it is crucial for affected investors to act swiftly as the deadline to join the lawsuit is May 12, 2025.

Background of Fluence Energy

Fluence Energy, Inc., traded on NASDAQ under the ticker FLNC, is known for its innovative battery energy storage solutions. However, between October 28, 2021, and February 10, 2025, the company allegedly misrepresented its financial health and growth prospects to investors. This period is now the focal point of the lawsuit, as it spans significant accusations suggesting that investors were misled about the company’s dealings and stability.

Details of the Allegations

According to the complaint filed by Levi & Korsinsky, several serious charges have been outlined:
1. Decline with Major Partners: The firm reportedly exaggerated the strength of its partnerships with Siemens AG and The AES Corporation. The lawsuit claims that these relationships were on the decline, contrary to the company’s positive assertions.
2. Accusations of Fraud: The U.S. affiliate of Siemens AG has allegedly criticized Fluence Energy for engineering failures and fraudulent practices which further erode confidence in the company's leadership.
3. Inflated Financial Metrics: It is asserted that Fluence inflated its margins and revenue figures during this period, primarily as Siemens and AES began to divest their stakes in the company.
4. Misleading Statements: The basis for several optimistic statements regarding Fluence’s battery energy storage business was allegedly unfounded, leading to inflated stock prices and investor losses.

Joining the Class Action

Investors who suffered financial losses due to Fluence Energy's alleged misconduct are encouraged to join the class action lawsuit. The deadline for enlisting to participate as a lead plaintiff is May 12, 2025. Potential participants do not need to be a lead plaintiff to recover any losses incurred. Joining the class action could provide a pathway to financial recovery without incurring additional costs, as all legal fees are typically covered by the lawsuit.

Why Choose Levi & Korsinsky?

With over 20 years of experience, Levi & Korsinsky has built a strong reputation for advocating for shareholders. The firm has secured hundreds of millions in settlements for clients and has consistently ranked among the top securities litigation firms in the United States. Their dedicated team of over 70 professionals is equipped to handle complex securities cases, making them a formidable ally for class action participants.

How to Proceed

Affected investors are advised to take prompt action by contacting Levi & Korsinsky to learn about their rights and options. Interested individuals can reach out directly to Joseph E. Levi, Esq. via email or phone. Potential claimants can also submit their information online through the firm's specified link. Given the complexities of securities litigation, early involvement could increase the chances of recovery for those impacted by the alleged fraudulent activities.

Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 17th Floor
New York, NY 10004
Email: contact@zlk.com
Tel: (212) 363-7500
Fax: (212) 363-7171
Website: www.zlk.com