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FLNC Investors Have the Opportunity to Lead the Fluence Energy Securities Fraud Lawsuit with Faruqi & Faruqi, LLP

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Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suff...

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AI Summary

Faruqi & Faruqi is investigating Fluence for potential securities claims. Legal action follows claims of misleading statements by Fluence. Fluence's stock dropped over 45% due to revenue decline and legal troubles. Siemens and AES are reportedly dissatisfied with Fluence's performance. May 12, 2025, is the deadline to join the federal class action suit.

Sentiment Rationale

The lawsuit reveals serious allegations against Fluence, leading to significant stock price decline, similar to past cases like Eclipse Resources and Funko, which faced investor lawsuits resulting in plummeting stock prices.

Trading Thesis

Immediate negative impacts due to investor sentiment and potential legal repercussions affecting market perception in the short term.

Market-Moving

  • Faruqi & Faruqi is investigating Fluence for potential securities claims.
  • Legal action follows claims of misleading statements by Fluence.
  • Fluence's stock dropped over 45% due to revenue decline and legal troubles.

Key Facts

  • Faruqi & Faruqi is investigating Fluence for potential securities claims.
  • Legal action follows claims of misleading statements by Fluence.
  • Fluence's stock dropped over 45% due to revenue decline and legal troubles.
  • Siemens and AES are reportedly dissatisfied with Fluence's performance.
  • May 12, 2025, is the deadline to join the federal class action suit.

Companies Mentioned

  • SI (SI)
  • AES (AES)
  • NIO (NIO)

Legal

The legal investigation and past performance issues directly threaten Fluence's market standing, impacting investor confidence and stock value.

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Fluence To Contact Him Directly To Discuss Their Options If you purchased or acquired securities in Fluence between November 29, 2023 to February 10, 2025 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). [You may also click here for additional information] NEW YORK, April 16, 2025 (GLOBE NEWSWIRE) -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Fluence Energy, Inc. (“Fluence” or the “Company”) (NASDAQ: FLNC) and reminds investors of the May 12, 2025 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company. Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com. As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) Fluence’s relationship with its founders and largest sources of revenue, Siemens AG and The AES Corporation, was poised to decline; (2) Siemens Energy, Siemens AG’s U.S. affiliate, had accused the Company of engineering failures and fraud; (3) Fluence’s margins and revenue growth were inflated as Siemens and AES were moving to divest; and (4) based on the foregoing, Defendants lacked a reasonable basis for their positive statements related to Fluence’s battery energy storage business, as well as related financial results, growth, and prospects. As a result of Defendants’ wrongful acts and omissions, and the precipitous decline in the market value of the Company’s common stock, Plaintiff and other Class Members have suffered significant losses and damages. 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. The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.   Faruqi & Faruqi, LLP also encourages anyone with information regarding Fluence’s conduct to contact the firm, including whistleblowers, former employees, shareholders and others. To learn more about the Fluence Energy class action, go to www.faruqilaw.com/FLNC or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). Follow us for updates on LinkedIn, on X, or on Facebook. Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner. A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/c47d3945-81b3-40c2-9696-b30c6d4f0f1d.

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