#United States #New York #Class Action #Securities Fraud #Fluence Energy

Legal Notice to Fluence Energy, Inc. Investors

Investors in Fluence Energy, Inc. (NASDAQ: FLNC) are urged to take action amid ongoing developments surrounding a class action lawsuit for securities fraud. This lawsuit is specifically aimed at shareholders who acquired shares during the period from November 29, 2023, to February 10, 2025. If you fall under this category, it is imperative that you read this notice in full and consider your next steps.

What is Happening?

The Gross Law Firm has recently announced the initiation of a class action lawsuit against Fluence Energy, alleging that the company engaged in deceptive practices that misled investors regarding its financial health and operational performance. During the mentioned class period, Fluence Energy allegedly made materially false statements and failed to inform shareholders of the looming decline in its crucial business relationships, particularly with Siemens AG and The AES Corporation.

Key Allegations

The lawsuit outlines several serious accusations against Fluence Energy's management:
1. Declining Relationships: It is alleged that the company’s connections with its founding partners, Siemens AG and The AES Corporation, were set to diminish, directly impacting revenue generation.
2. Engineering Failures: Concerns arose when Siemens Energy, affiliated with Siemens AG, reportedly accused Fluence of engineering failures and fraudulent practices.
3. Inflated Financial Metrics: The complaint further claims that Fluence’s reported margins and revenue growth were artificially inflated as Siemens and AES were preparing to divest their interests in the company.
4. False Assumptions: As a result of the aforementioned issues, the firm's executives purportedly lacked a reasonable basis for their optimistic assertions about Fluence's battery energy storage business, which eventually misled shareholders regarding the company’s financial standing and growth potential.

Upcoming Deadlines

Shareholders are reminded of the critical deadline: May 12, 2025. This date marks the last opportunity for affected investors to register for participation in the class action and potentially seek designation as lead plaintiff. It is essential to act quickly to ensure your interests are adequately represented.

Next Steps for Investors

To be part of this class action, shareholders must register by submitting the required information via the designated online platform. Once registered, investors will receive updates through a portfolio monitoring service that keeps them informed about the case's developments.

Why Work with The Gross Law Firm?

The Gross Law Firm has built a reputation as a prominent class action law firm dedicated to defending the rights of investors. Their mission revolves around holding corporations accountable for breach of trust and fraudulent activities that harm investors. By engaging with this firm, you ensure that your interests are prioritized, and you could potentially recover losses incurred during the specified time frame.

Contact Information

For additional inquiries or to begin the registration process, stakeholders can reach out to The Gross Law Firm at:

• - Address: 15 West 38th Street, 12th Floor, New York, NY, 10018
• - Phone: (646) 453-8903
• - Email: contact@grosslawfirm.com

In conclusion, if you are a shareholder of Fluence Energy, Inc. and purchased shares during the outlined timeframe, do not delay in evaluating your legal options. Engage with The Gross Law Firm to better understand your rights and the actions you can take to safeguard your investments.

Stay informed, stay vigilant, and ensure that your investor rights remain protected.