StockNews.AI
FLNC
StockNews.AI
189 days

FLNC INVESTOR ALERT: Fluence Energy, Inc. Investigated for Securities Fraud by Block & Leviton; Investors Encouraged to Contact the Firm to Recover Losses

1. Fluence shares dropped 45% on February 11 due to revenue decline. 2. The company faced a 49% year-over-year revenue decline and reduced guidance. 3. Allegations of undisclosed lawsuit against Siemens Energy are affecting investor confidence. 4. Block & Leviton is investigating potential securities law violations. 5. Investors who lost money are encouraged to seek recovery.

4m saved
Insight
Article

FAQ

Why Very Bearish?

The significant share price drop and revenue decline indicate severe investor concerns, similar to other firms facing lawsuits and significant operational hurdles.

How important is it?

The article outlines critical legal issues and revenue concerns that could drastically impact FLNC stock, creating a strong likelihood of financial repercussions.

Why Short Term?

Immediate impacts from investigations and revenue declines will likely affect FLNC in the near term, reflecting investor sentiment and market reactions.

Related Companies

BOSTON, Feb. 11, 2025 (GLOBE NEWSWIRE) -- Block & Leviton is investigating Fluence Energy, Inc. (Nasdaq: FLNC) for potential securities law violations. Investors who have lost money in their Fluence Energy, Inc. investment should contact the firm to learn more about how they might recover those losses. For more details, visit https://blockleviton.com/cases/flnc.  What is this all about? Shares of Fluence Energy have fallen over 45% on February 11 after the company reported a 49% year-over-year revenue decline and significantly reduced its full-year guidance. This decline follows a February 22, 2024, report by Blue Orca Capital alleging that Fluence failed to disclose a lawsuit filed by Siemens Energy, its largest shareholder's U.S. affiliate, accusing the company of engineering failures and misrepresentations. The report also claimed that Fluence's major customer, AES, was dissatisfied with current contracts. Block & Leviton is investigating. Who is eligible? Anyone who purchased Fluence Energy, Inc. common stock and has seen their shares fall may be eligible, whether or not they have sold their investment. Investors should contact Block & Leviton to learn more. What is Block & Leviton doing? Block & Leviton is investigating whether the Company committed securities law violations and may file an action to attempt to recover losses on behalf of investors who have lost money. What should you do next? If you've lost money on your investment, you should contact Block & Leviton to learn more via our case website, by email at shareholders@blockleviton.com, or by phone at (888) 256-2510. Whistleblower? If you have non-public information about Fluence Energy, Inc., you should consider assisting in our investigation or working with our attorneys to file a report with the Securities Exchange Commission under their whistleblower program. Whistleblowers who provide original information to the SEC may receive rewards of up to 30% of any successful recovery. For more information, contact Block & Leviton at shareholders@blockleviton.com or by phone at (888) 256-2510. Why should you contact Block & Leviton? Block & Leviton is widely regarded as one of the leading securities class action firms in the country. Our attorneys have recovered billions of dollars for defrauded investors and are dedicated to obtaining significant recoveries on behalf of our clients through active litigation in the federal courts across the country. Many of the nation's top institutional investors hire us to represent their interests. You can learn more about us at our website www.blockleviton.com, call (888) 256-2510 or email shareholders@blockleviton.com with any questions. This notice may constitute attorney advertising. CONTACT:BLOCK & LEVITON LLP260 Franklin St., Suite 1860Boston, MA 02110Phone: (888) 256-2510Email: shareholders@blockleviton.com 

Related News