#United States #Class Action #Philadelphia #Securities Fraud #Fluence Energy

Urgent Alert for Fluence Energy Investors

As the deadline approaches, Berger Montague P.C. has alerted investors of Fluence Energy, Inc., that they may seek to become lead plaintiffs in a class action lawsuit concerning securities fraud. This lawsuit targets investors who acquired Fluence securities between October 28, 2021, and February 10, 2025—dubbed the "Class Period." The final cutoff for those interested in joining the action is May 12, 2025.

Background of the Lawsuit

On February 22, 2024, a troubling report released by Blue Orca Capital revealed serious allegations against Fluence. The report detailed claims that Siemens had initiated a lawsuit against Fluence for reasons including misrepresentation, breach of contract, and fraud. The immediate fallout was severe; Fluence's stock plummeted—shedding more than 13% of its value as it dropped from a closing price of $17.01 on February 21 to just $14.73 the following day.

As if this wasn’t enough, Fluence’s Q1 fiscal 2025 financial report, released on February 10, 2025, disclosed a staggering net loss of $57 million, representing a 49% drop in year-over-year revenue. The company also issued troubling revenue guidance, which left investors reeling. The aftermath saw Fluence's stock price decline by an alarming 46%—from $13.07 to $7.00—within a single day.

What Investors Need to Know

Investors who feel they have been financially wronged during this period are encouraged to explore their options of joining the class action. In such cases, a lead plaintiff is selected to represent the collective interests of the class. The standout feature here is that a lead plaintiff does not need to be the largest shareholder; they simply need to represent a typical class member effectively. They will work with legal counsel of their choice, tasked with navigating the legal intricacies of the case.

Despite the complexity of securities litigation, participating as a class member does not mandate conversing with attorneys or taking on the burden of spearheading the case. Affected individuals can either opt to have legal counsel represent them or remain passive members of the class, dependent on their comfort and situation.

Why Berger Montague?

Berger Montague has built a reputation over five decades as leaders in securities class-action litigation. With offices positioned across major cities from Philadelphia to San Diego and beyond, they have successfully represented both individual and institutional investors across a diverse array of cases. Their founding ethos has always been about championing investor rights and navigating the intricate landscape of securities law, making them a go-to resource in troubling times like these.

If you are an investor of Fluence Energy, don't hesitate to act. For further information or guidance on your rights as an investor, you should reach out to Andrew Abramowitz or Peter Hamner at Berger Montague. Their putative expertise in this domain may provide essential insight and support.

Keep in mind that while the clock ticks, your opportunity to engage in this litigation can lead to potential restitution for financial losses endured due to the alleged misconduct by Fluence's management. Don't delay—every day counts in safeguarding your financial interests.

For inquiries, contact Andrew Abramowitz at [email protected] or 215-875-3015, and Peter Hamner at [email protected].