#United States #New York #Class Action #Levi Korsinsky #Fluence Energy

Investors of Fluence Energy: Important Class Action Lawsuit Notification

In a recent announcement, Levi & Korsinsky, LLP cautioned investors of Fluence Energy, Inc. regarding a class action lawsuit related to alleged securities fraud. This case targets investors from a specific period, outlining serious allegations that could impact the future of affected shareholders.

Background on the Case

Fluence Energy, listed under NASDAQ as FLNC, has found itself embroiled in a legal matter that centers on events from November 29, 2023, to February 10, 2025. The allegations suggest that the leadership of the company made false representations and concealed critical facts regarding its financial health and business operations. This situation is designed to recover losses for those affected investors during this significant period.

Allegations Against Fluence Energy

The filed complaint alleges several key issues:

1. Decline in Business Relationships: It is purported that the company's relationships with its primary partners, Siemens AG and The AES Corporation, were facing difficulties, signaling a potential downturn in revenue.
2. Accusations from Siemens Energy: Fluence's U.S. affiliate, Siemens Energy, has reportedly raised allegations of engineering failures and fraudulent practices against the company, undermining its credibility.
3. Inflated Financial Metrics: The lawsuit claims that Fluence's reported profit margins and growth figures were exaggerated, primarily as Siemens and AES began to withdraw support.
4. Deceptive Financial Outlook: Based on these facts, the executives' prior optimistic statements concerning Fluence’s battery energy storage business lack a substantive foundation.

Next Steps for Investors

Investors who may have suffered financial losses during the designated timeframe need to act quickly. May 12, 2025, is the deadline by which they can request the court to appoint them as lead plaintiff. However, it's important to note that participation in any recovery does not necessitate serving as a lead plaintiff.

No Legal Costs Incurred

According to Levi & Korsinsky, class members may qualify for compensation without having to shoulder any legal fees or costs. The law firm reassures investors that there is no obligation to participate, making it easier for individuals considering their options.

Why Choose Levi & Korsinsky

Levi & Korsinsky has built a robust reputation over the last two decades, recovering substantial amounts for shareholders through expert navigation of complex securities litigation. The firm boasts a team of over 70 professionals dedicated to assisting investors. They’ve consistently ranked amongst the top firms in securities litigation, underscoring their capability to handle high-stakes cases effectively.

Contact Information

For further inquiries or assistance, investors are urged to reach out to:

• - Joseph E. Levi, Esq.
• - Email: contact@zlk.com
• - Phone: (212) 363-7500

Address of Levi & Korsinsky, LLP:
33 Whitehall Street, 17th Floor
New York, NY 10004

Stay informed regarding your rights as an investor and the developments of this significant lawsuit affecting Fluence Energy.

For more information about the lawsuit and options available, you can visit their official website or fill out the necessary forms provided by the law firm. Maintaining vigilance during this critical period is essential for safeguarding your investments.