Investors Urged to Act as Fluence Energy Faces Class Action Deadline

Fluence Energy Faces Class Action Lawsuit: Investor Alert

Fluence Energy, Inc. (stock ticker FLNC) is currently under scrutiny from its investors as a class action lawsuit is underway, revealing potential misconduct by the company. Kahn Swick & Foti, LLC, a notable law firm with extensive experience in securities litigation, led by former Louisiana Attorney General Charles C. Foti, Jr., has put out an urgent reminder for investors who suffered losses exceeding $100,000 to consider their legal options before the upcoming deadline.

Important Deadlines and Legal Rights

The deadline to file a lead plaintiff application in the ongoing lawsuit is set for May 12, 2025. Investors who acquired shares during the period from November 29, 2023, to February 10, 2025, are encouraged to come forward. The lawsuit claims Fluence and its executives failed to disclose material information about the company’s financial health, violating federal securities laws.

Recent Financial Troubles

On February 10, 2025, Fluence announced disappointing financial results for the first quarter, reporting a staggering net loss of $57 million, which translates to $0.32 per share. This marks a worrying increase compared to a loss of $25.6 million or $0.14 per share in the same period the previous year. Furthermore, the company's revenues plunged by 49% year-over-year, totaling $186.8 million. Compounding the issue, Fluence revised its revenue guidance downwards for the fiscal year 2025, forecast to range from $3.1 billion to $3.7 billion, a significant cut from the earlier estimate of $3.6 billion to $4.4 billion. The firm cited