Investors at Risk: Lead the Flux Power Holdings Securities Fraud Lawsuit

Overview

The Rosen Law Firm, a distinguished advocate for investor rights, has issued a crucial reminder for Flux Power Holdings, Inc. (NASDAQ: FLUX) investors: if you sustained losses exceeding $100,000 during the period from November 11, 2022, to September 30, 2024, you have a pivotal opportunity to take action. The firm has filed a securities fraud class action lawsuit on behalf of affected investors.

Important Deadlines

As the class actions evolve, the deadline for those interested in becoming lead plaintiffs is approaching - specifically December 31, 2024. Potential lead plaintiffs must file for this status to represent fellow investors during this lawsuit.

Potential Compensation

If you invested in Flux Power during the designated timeframe, you could pursue compensation without having to pay any upfront fees. The Rosen Law Firm operates on a contingency fee basis, meaning you only pay if they recover funds on your behalf.

How to Proceed

Investors wishing to join the class action can visit Rosen Legal or contact attorney Phillip Kim directly via phone at 866-767-3653 or email at [email protected] for more detailed information. This lawsuit has already been lodged, and action is necessary to secure representation and potential recovery.

Background of the Lawsuit

The basis of the lawsuit concerns allegations that, during the structured time period, the defendants made misleading statements about Flux Power’s business. Specifically, they allegedly:

1. Inflated various financials, including inventory and gross profits.
2. Undervalued costs and losses which misrepresented the company's true financial health.
3. Misled investors about the company's internal controls, falsely asserting their adequacy.

As these incorrect assertions came to light, the lawsuit claims that investors suffered significant losses as the market adjusted to the new revelations.

Why Choose Rosen Law Firm

Well-respected in their field, The Rosen Law Firm has carved a niche in representing investors, often achieving notable settlements. They have secured hundreds of millions of dollars in recoveries for investors since their inception. Their ethical practice is underscored by their success—ranked as number one by ISS Securities Class Action Services in 2017 and consistently in the top tiers in subsequent years.

Community Awareness and Investor Protection

This call to action is crucial for investors unaware of their rights or options following significant losses. By rallying together, investors can ensure that their voices are heard and may collectively recover their investments. The Rosen Law Firm advocates for the selection of experienced legal counsel to navigate these complex issues effectively.

Final Thoughts

Investors owning FLUX securities should not hesitate to take action. The window for leading efforts and securing potential compensation is firmly closing. Engaging with seasoned professionals could turn a dire situation into a hopeful recovery. For more information and to participate in this class action, refer to the resources mentioned.

For future updates regarding this case, follow The Rosen Law Firm on their LinkedIn, Twitter, or Facebook. Remember, prior recoveries do not guarantee similar future results, and each case must be considered on its individual merits.