#United States #New York #Class Action #Gross Law Firm #Fluence Energy

Notice to Shareholders of Fluence Energy, Inc.

In a recent announcement that has captured the attention of financial and legal circles, the Gross Law Firm has alerted shareholders of Fluence Energy, Inc. (NASDAQ: FLNC) regarding a class action lawsuit. This pressing issue highlights potential concerns surrounding the company's practices and communications with its investors.

Overview of the Class Action

The Gross Law Firm is advising all shareholders who purchased FLNC shares during a specific class period that lasted from October 28, 2021, to February 10, 2025, to contact them. This notification serves to inform investors about their rights and the necessity to consider their potential role in the upcoming legal proceedings. Notably, shareholders are encouraged to reach out to legal representatives regarding possible lead plaintiff appointments, although it is important to clarify that being appointed as a lead plaintiff is not a prerequisite for participating in any recovery efforts.

Key Allegations

The allegations articulated in the complaint are serious and multifaceted. They assert that during the identified class period, the defendants made materially false and misleading statements to investors. Furthermore, they allegedly failed to disclose critical information regarding the company's relationships, particularly with its primary revenue sources—Siemens AG and The AES Corporation.

1. Declining Relationship: The complaint asserts that the relationship between Fluence Energy and its pivotal partners was on the verge of deterioration, which could significantly affect the company’s revenue stream.
2. Allegations of Fraud: Siemens Energy, a U.S. affiliate of Siemens AG, reportedly accused Fluence of engineering failures and fraudulent practices, raising alarms about the integrity of the company’s operations.
3. Inflated Margins and Revenue Growth: The lawsuit claims that the company’s reported margins and revenue growth were artificially inflated, as stakeholders were moving toward divestiture, which was not disclosed to investors.
4. Baseless Positive Statements: The grossly positive statements made by the company's leadership were found to lack a reasonable basis, particularly in relation to Fluence’s battery energy storage business and overall financial health.

Deadlines to Watch

Shareholders must act swiftly, as the deadline to register for participation in this class action is set for May 12, 2025. The Gross Law Firm emphasizes that investors who purchased FLNC shares during the stipulated timeframe should not delay in registering. This is a crucial step to ensure they remain informed and up to date on the case's developments.

Next Steps for Shareholders

After registering as a shareholder, individuals will gain access to a comprehensive suite of portfolio monitoring services. This software will keep them informed about case status updates and related developments throughout the legal process. Importantly, registering entails no cost or obligation to shareholders, and their participation may significantly enhance their ability to recover losses associated with this troubled investment.

Why Choose Gross Law Firm?

The Gross Law Firm has established itself as a leading class action law firm with a mission to protect investors' rights. Their commitment to addressing issues of deceit, fraud, and unethical business practices positions them as a formidable advocate for those affected. The firm emphasizes responsible corporate behavior and seeks to hold companies accountable for misleading their shareholders. It is crucial for affected investors to engage with a trusted legal voice, especially in times of financial distress.

For more information, shareholders can reach the Gross Law Firm directly via their contact details provided below:

• - Address: 15 West 38th Street, 12th Floor, New York, NY, 10018
• - Email: [email protected]
• - Phone: (646) 453-8903

In conclusion, as the situation unfolds, shareholders of Fluence Energy, Inc. must remain vigilant and proactive. This class action lawsuit may represent a pivotal opportunity for recovery and accountability in the financial landscape of energy and corporate governance.