Levi & Korsinsky Notifies Fluence Energy Investors
In a recent announcement,
Levi & Korsinsky, LLP has taken the initiative to notify investors of
Fluence Energy, Inc. (NASDAQ: FLNC) about a class action securities lawsuit. The firm represents individuals who have experienced losses associated with the company due to suspected fraud undermining Fluence’s performance and operations. With a lead plaintiff deadline approaching on
May 12, 2025, affected investors are urged to take action promptly.
What is the Class Action About?
The class action seeks to recover losses on behalf of shareholders adversely impacted by alleged deception surrounding Fluence Energy's financial health during a specified time frame from
October 28, 2021, to February 10, 2025. Investors are encouraged to get familiar with the intricacies of the lawsuit, which claims that significant inaccuracies were presented to stakeholders about the nature and sustainability of the company’s partnerships and growth metrics.
Key Allegations
The filed complaint is focused on several critical assertions:
1.
Declining Relationships: It is alleged that Fluence's relationships with major partners, including Siemens AG and The AES Corporation, were set to deteriorate, which could impact its revenue streams significantly.
2.
Allegations of Fraud by Siemens: Siemens Energy, the U.S. division of Siemens AG, reportedly accused Fluence of engineering flaws and dishonest practices, casting doubt on the company’s credibility.
3.
Inflated Financials: The lawsuit claims that Fluence’s revenue growth and profit margins were exaggerated, suggesting a misleading portrayal of its battery energy storage capabilities.
4.
Misleading Statements: Due to these circumstances, the defendants allegedly lacked a solid basis for the optimistic projections shared regarding the company’s financial outcomes and potential growth.
Steps for Affected Investors
Investors who suffered losses during the mentioned period are encouraged to seize the opportunity to request to be named as lead plaintiff before the deadline on May 12, 2025. However, it is important to note that participating in the lawsuit does not necessitate being the lead plaintiff, as affected investors can still seek compensation.
No Fees Involved
Those involved in the class action can take reassurance from the fact that there are no upfront costs associated with participation. Potential class members can seek their rightful claims without bearing out-of-pocket expenses. The firm has a strong reputation for securing compensation for investors without imposing financial burdens.
Why Trust Levi & Korsinsky?
With a robust history spanning over two decades, Levi & Korsinsky has a proven track record in advocating for shareholders. The firm has successfully claimed hundreds of millions for clients while featuring in
ISS Securities Class Action Services' Top 50 Report as one of the leading securities litigation firms in the U.S. Their expertise encapsulates a deep understanding of complex securities litigation, ensuring investors are in capable hands.
Contact Information
For investors interested in learning more about the ongoing class action against Fluence Energy, they can reach out to:
- - Joseph E. Levi, Esq.
- - Ed Korsinsky, Esq.
- - 33 Whitehall Street, 17th Floor, New York, NY 10004
- - Phone: (212) 363-7500
- - Email: email protected]
- - Website: [www.zlk.com
As the deadline approaches, it’s crucial for investors impacted by the potential fallout of Fluence Energy to stay informed and take necessary actions towards recovering their losses.