Shareholder Alert: Legal Deadlines for Fluence Energy Investors Approaching Soon

Fluence Energy Shareholder Alert: Important Legal Notice

Fluence Energy, Inc. is currently facing a class action lawsuit that has significant implications for its shareholders. Kahn Swick & Foti, LLC (KSF), led by former Louisiana Attorney General Charles C. Foti, Jr., has raised awareness of this critical situation, particularly for investors who incurred losses exceeding $100,000.

Key Details of the Class Action Suit

Investors are being reminded that they have until May 12, 2025, to file their applications to serve as lead plaintiffs in this lawsuit. The securities class action involves shareholders who purchased Fluence Energy stocks between November 29, 2023, and February 10, 2025. This lawsuit is currently being pursued in the United States District Court for the Eastern District of Virginia.

Background of the Case

The lawsuit arises from allegations that Fluence and certain executives failed to disclose important information regarding the company's financial health during the aforementioned class period, thereby violating federal securities laws. On February 10, 2025, the company released its first quarter financial results, revealing a staggering net loss of $57 million or $0.32 per share, a significant drop compared to $25.6 million or $0.14 per share the previous year.

Moreover, Fluence reported a shocking 49% year-over-year revenue decline, dropping to $186.8 million. The company's guidance for fiscal year 2025 was downgraded as well, with forecasts ranging from $3.1 billion to $3.7 billion, down from an earlier estimated range of $3.6 billion to $4.4 billion. These cuts were attributed to significant customer-driven contract signing delays combined with rising competitive pressure.

Immediate Impact on Stock Prices

Following the alarming financial disclosure, Fluence’s stock saw a drastic decline. Shares fell by $6.07, or 46.44%, closing at $7.00 per share on February 11, 2025. This dramatic drop is a clear indicator of market reaction to the company's dire financial state and the events leading up to the class action lawsuit.

What You Should Do

For investors who purchased shares during this period, understanding your legal rights is essential. You can contact KSF's Managing Partner, Lewis Kahn, without any obligation, for a detailed discussion about your potential claims and the ramifications of the class action lawsuit. KSF can be reached toll-free at 1-877-515-1850 or via email at email protected]. Additionally, for more information about the lawsuit and how to join the class action, visit [ksfcounsel.com.

About Kahn Swick & Foti, LLC

Kahn Swick & Foti, LLC is recognized as one of the premier boutique law firms specializing in securities litigation. Its partners, including Charles C. Foti, Jr., focus on recovering investment losses for clients impacted by corporate malfeasance. With multiple offices across the United States, KSF is well-equipped to assist shareholders in navigating the complexities of securities laws.

If you believe your investment has been affected by the actions of Fluence Energy, act swiftly to protect your rights as May 12, 2025, approaches, marking the cutoff for lead plaintiff applications in this significant legal proceeding.