#USA #Los Angeles #Schall Law Firm #Securities Fraud #Flux Power Holdings

Join the Fight for Justice: Class Action Against Flux Power Holdings

Investors in Flux Power Holdings, Inc. have a significant opportunity to take action against the company due to alleged securities fraud. The Schall Law Firm, a prominent shareholder rights litigation firm, has announced a class action lawsuit against Flux Power that could potentially help investors recover their losses.

Background of Flux Power Holdings

Flux Power Holdings, Inc. trades under the ticker symbol FLUX on the NASDAQ and operates in a high-growth sector within the energy market. Despite its potential, recent reports indicate that between November 11, 2022, and September 30, 2024, the company may have misled its investors regarding its financial health.

Allegations of Misleading Practices

According to court documents filed in connection with the lawsuit, Flux Power Holdings allegedly overstated various financial metrics, including inventory levels, gross profits, and total assets. These inflated figures made the company appear more robust than it truly was, and misrepresentation of net losses and cost of sales further muddied the waters.

As a result, the company will likely need to restate its earnings for the affected periods, revealing the extent of their misrepresentation to investors. The Schall Law Firm has emphasized that the company’s public statements were materially misleading throughout the class period, leading to significant investor losses once the truth came to light.

Call to Action for Investors

Shareholders who purchased securities during the specified class period and suffered financial loss are encouraged to join the class action lawsuit before the deadline of December 31, 2024. Engaging in this class action may provide a path towards maximizing recovery for investors who were adversely affected by the company’s alleged deceptive practices.

Contact information for those interested in participating is listed below:

• - Contact: Brian Schall of the Schall Law Firm
• - Address: 2049 Century Park East, Suite 2460, Los Angeles, CA 90067
• - Phone: 310-301-3335

The firm offers free consultations to discuss investor rights.

Importance of Legal Representation

It’s crucial for shareholders to understand that the class has not yet been certified. Therefore, until certification occurs, individuals who do not take action may remain unrepresented in this case. Those who join the class action are taking proactive steps to secure their rights against alleged corporate misconduct.

In conclusion, if you have invested in Flux Power Holdings, Inc. during the class period mentioned above and your investment has declined, it’s essential to act now. Participation in this lawsuit may provide a means of recovering personal losses stemming from the company’s alleged securities fraud. Don't miss the opportunity to stand up for your rights as an investor in the Flux Power saga.