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Investor Alert: Class Action Lawsuit Filed Against Fluence Energy, Inc.

On March 12, 2025, Robbins LLP announced the initiation of a class action lawsuit on behalf of stockholders who acquired shares of Fluence Energy, Inc. (NASDAQ: FLNC) between November 29, 2023, and February 10, 2025. The suit alleges that Fluence Energy misrepresented critical information to its investors regarding its corporate relationships and financial practices, raising serious concerns over their disclosures and governance standards.

Allegations Against Fluence Energy

According to the complaint, the defendants failed to inform investors that significant relationships with key partners, specifically Siemens AG and The AES Corporation, were likely to weaken. It was also revealed that Siemens Energy, an affiliate of Siemens AG, had accused Fluence of engineering failures and fraudulent activities. These revelations impacted the perception of Fluence's financial health, leading investors to believe in inflated growth prospects that were unrealistic.

The lawsuit contends that during the class period, Fluence presented misleading positive statements concerning its battery energy storage business and fiscal outlook, which were unsupported by accurate data regarding margins and revenue growth.

Disappointing Financial Results

On February 10, 2025, Fluence released disappointing results for the first quarter of its fiscal year 2025, revealing a net loss of $57 million, or $0.32 per share. This was a stark contrast to the $25.6 million, or $0.14 per share, loss reported during the same timeframe the previous year. Furthermore, revenues plummeted by 49% year-over-year, totaling just $186.8 million. Most notably, Fluence lowered its revenue guidance for fiscal 2025 from an expected $3.6 billion to $4.4 billion to a new range of $3.1 billion to $3.7 billion, citing delays driven by customer decisions and intense competitive pressures. Following this announcement, Fluence's stock price plunged by $6.07 per share, a dramatic drop of 46.44%, closing at $7.00 a share on February 11, 2025.

Class Action Participation Details

Investors who suffered losses due to these misleading statements may qualify to participate in the class action against Fluence Energy, Inc. Those wishing to serve as lead plaintiff must file their documentation with the court by May 12, 2025. A lead plaintiff serves as a representative for the class and directs the course of the litigation, but participation in the lawsuit is not necessary to seek recovery. Investors opting to remain inactive will still be considered absent class members.

Robbins LLP offers legal representation on a contingency fee basis, meaning shareholders are not responsible for any fees or expenses unless they receive a recovery.

About Robbins LLP

Robbins LLP has been a recognized leader in shareholder rights litigation since 2002. The firm is committed to helping investors recover losses, ensuring better corporate governance, and holding executives accountable for misconduct. The firm encourages those affected by Fluence's actions to seek information about potential participation in the class action.

To stay updated on the class action against Fluence Energy, Inc., interested parties should sign up for alerts through Stock Watch.

Contact Information

Aaron Dumas, Jr.
Robbins LLP
5060 Shoreham Pl., Suite 300
San Diego, CA 92122
Email: [email protected]
Phone: (800) 350-6003
Website: www.robbinsllp.com

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