Important Notice for Fluence Energy Shareholders
As of March 27, 2025, The Gross Law Firm is reaching out to the shareholders of Fluence Energy, Inc. (NASDAQ: FLNC) with a critical update regarding a class action lawsuit. If you acquired shares during the specified class period, now is the time to take action.
Class Action Details
Class Period
The applicable class period is from
November 29, 2023 to February 10, 2025. If you purchased shares within this timeframe, you are eligible to join the lawsuit.
Allegations Against Fluence Energy
The suit alleges serious misconduct on the part of Fluence Energy’s management. Specifically, the following claims have been made:
1.
Relationship Decline: Reports suggest a forthcoming decline in Fluence's relationships with essential partners like Siemens AG and The AES Corporation, which represent significant revenue sources for the company.
2.
Fraud Accusations: Siemens Energy, part of the Siemens AG conglomerate, has accused Fluence of engineering failures and potential fraud, raising concerns over the company's operational integrity.
3.
Inflation of Financials: The lawsuit contends that Fluence's reported profits and revenue growth were inflated, misleading investors about the company's actual performance and prospects when saturated by the impending divestiture of Siemens and AES.
4.
Misrepresentation of Growth: The defendants allegedly lacked credible foundations for positive claims regarding Fluence’s battery energy storage business, raising questions about the accuracy of their financial disclosures and growth forecasts.
Deadline for Participation
Shareholders interested in joining the class action suit must register by
May 12, 2025. It is crucial not to delay in ensuring your rights as a shareholder. No fees are associated with registering for this action. To register, visit
here.
Next Steps for Shareholders
By registering, you will be included in a portfolio monitoring software, which provides ongoing updates regarding your status throughout the case lifecycle. This is particularly useful for keeping track of proceedings and any changes in the case.
Why Choose The Gross Law Firm?
The Gross Law Firm is a leading class action law firm renowned for its commitment to investor rights. The firm’s mission emphasizes protecting shareholders from deceit, fraud, and unethical business conduct. Through their efforts, they aim to hold corporations accountable for practices that lead to investor losses.
Your participation not only aids in your potential recovery but also supports the enforcement of ethical business conduct across the sector.
Contact Information
For further information or to express your interest in joining the class action, please reach out to The Gross Law Firm at:
- - Address: 15 West 38th Street, 12th Floor, New York, NY, 10018
- - Email: [email protected]
- - Phone: (646) 453-8903.
Conclusion
With the deadline for the class action suit against Fluence Energy fast approaching, shareholders who believe they have experienced losses due to misleading statements are encouraged to take action promptly. Your rights as an investor are important, and participating in this class action is a significant step towards accountability and recovery.