Important Legal Notice for Shareholders of Fluence Energy, Inc. (NASDAQ: FLNC)
As of April 10, 2025, The Gross Law Firm has made a formal announcement to shareholders of Fluence Energy, Inc., urging them to participate in a class action lawsuit. This notice is crucial for any shareholders who acquired FLNC shares between November 29, 2023, and February 10, 2025, as this period has significant implications regarding the company's operations and disclosures.
Background
Fluence Energy, a company that specializes in energy storage technology, faces serious allegations. The lawsuit alleges that the company and its executives presented information to investors that was materially misleading. More specifically, it asserts that Fluence’s relationships with two pivotal revenue sources—Siemens AG and The AES Corporation—were on the verge of deterioration, a fact that was not disclosed to shareholders.
The complaint further claims that Siemens Energy had raised concerns regarding engineering defects and fraudulent activities concerning Fluence’s management. As a result, the financial data related to the company, particularly concerning revenue growth and profit margins, was allegedly inflated. The lack of accurate information significantly undermines the integrity of Fluence’s statements regarding its battery energy storage market performance and growth projections.
Key Information for Shareholders
Shareholders who acquired shares in FLNC during the designated class period are encouraged to reach out to The Gross Law Firm about potential lead plaintiff appointments. While being appointed as a lead plaintiff is not a prerequisite for recovering losses, it offers significant influence over the case proceedings.
Registration and Deadlines
The deadline for registering as a plaintiff is May 12, 2025. Interested shareholders can register online through the provided forms to ensure that they do not miss this critical deadline. By registering, shareholders will also gain access to a portfolio monitoring service, which provides updates and current status reports on the litigation.
Next Steps and No Obligation
Once registered, shareholders will be able to monitor the case’s progress over time. Importantly, registering to participate in this class action comes with no financial cost or obligation. This is a proactive step that allows shareholders to protect their rights and possibly recover some of their losses incurred from deceptive practices.
Why Choose The Gross Law Firm?
The Gross Law Firm has established itself as a reliable advocate for investor rights, specializing in cases involving allegations of fraud and company misconduct. Their commitment to holding corporations accountable for their actions is evident through their robust legal approach to reclaiming investor losses resulting from deceptive corporate practices.
The firm's reputation for diligent and effective representation in class action lawsuits is backed by their experienced legal team’s ability to navigate complex securities law.
Contact Information
For further inquiries or to join the suit, shareholders can contact The Gross Law Firm at their New York office:
- - Address: 15 West 38th Street, 12th Floor, New York, NY 10018
- - Email: [email protected]
- - Phone: (646) 453-8903
In summary, shareholders of Fluence Energy, Inc. are advised to act decisively. Joining this class action could be an essential step towards seeking justice amid the claims of misleading corporate practices and potential financial losses.
This article is for informational purposes and does not constitute legal advice.