#USA #New York #Fluence Energy #Faruqi & Faruqi #Investor Claims

Investor Alert: Fluence Energy Under Scrutiny by Faruqi & Faruqi

In a significant turn of events for investors in Fluence Energy, Inc. (NASDAQ: FLNC), the renowned securities law firm Faruqi & Faruqi, LLP has launched an investigation into the company's recent performance and its potential implications for shareholders. With the deadline to act approaching on May 12, 2025, the firm is urging affected investors to evaluate their legal options carefully.

Background and Allegations

Faruqi & Faruqi outlines serious allegations against Fluence, claiming that the company and its executives may have violated federal securities laws. The investigation centers around various misleading statements and the failure to disclose crucial information concerning the company’s relationship with its primary revenue sources, Siemens AG and The AES Corporation. Specifcally, the firm has identified four key points of concern:

1. Declining Relationships: There are indications that Fluence's financial ties with Siemens AG and AES Corporation are deteriorating, impacting future profitability.
2. Accusations of Fraud: Notably, Siemens Energy, a significant affiliate of Siemens AG, has accused Fluence of various engineering failures and fraud, raising serious questions about their operational integrity.
3. Inflated Financials: Allegations have emerged suggesting that Fluence's margins and revenue growth might have been exaggerated, particularly in light of the looming divestitures by Siemens and AES.
4. Misleading Projections: Given the aforementioned issues, claims have surfaced that Fluence's executives lacked a solid basis for their optimistic predictions about the company, especially regarding its battery energy storage business.

As a result of these purported missteps, Fluence's market value has dropped dramatically, with shares plunging more than 45% following a shocking announcement of a 49% year-over-year revenue decline. This downturn is accentuated by revelations from Blue Orca Capital, which claimed that Fluence failed to disclose a critical lawsuit initiated by Siemens Energy accusing the company of deceptive practices.

Class Action and Lead Plaintiff

In light of these developments, Faruqi & Faruqi is urging investors who acquired Fluence securities between October 28, 2021, and February 10, 2025, to consider their position in this unfolding situation. The law firm aims to secure the role of lead plaintiff in a pending federal securities class action, advocating for investors who have encountered substantial financial setbacks as a result of Fluence's actions.

Investors interested in potentially becoming lead plaintiffs can still approach the court with their applications, thereby representing their interests alongside those of fellow class members. However, it’s important to note that participating in this role does not affect an investor’s eligibility for any future financial recovery.

Call for Whistleblowers and Insider Information

Faruqi & Faruqi is not only focused on current investors; they are also calling for individuals with inside knowledge or whistleblower information regarding Fluence’s operations to come forward. This includes former employees and shareholders who may have insights into the company’s internal practices that could shed light on the ongoing investigation.

For those intrigued by the prospects of this class action lawsuit, more information can be found at Faruqi & Faruqi’s website, or through direct contact with partner Josh Wilson at 877-247-4292 or 212-983-9330 (Ext. 1310).

Conclusion

As Faruqi & Faruqi delves deeper into the implications of Fluence Energy's alleged misconduct, investors must stay vigilant and informed about their rights and options. With the landscape shifting, timely action will be crucial for those looking to recover losses amid ongoing market volatility.