Lawsuit filed for Investors who lost money with shares of Fluence Energy, Inc. (NASDAQ: FLNC)

An investor, who purchased shares of Fluence Energy, Inc. (NASDAQ: FLNC), filed a lawsuit over alleged violations of Federal Securities Laws by Fluence Energy, Inc. in connection with certain allegedly false and misleading statements.

Investors who purchased shares of Fluence Energy, Inc. (NASDAQ: FLNC) have certain options and for certain investors are short and strict deadlines running. Deadline: May 12, 2025. NASDAQ: FLNC investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

Arlington, VA based Fluence Energy, Inc., through its subsidiaries, provides energy storage and optimization software for renewables and storage applications in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. Fluence Energy, Inc. (NASDAQ: FLNC) reported that its Total Revenue rose from $2.21 billion for the 12 months period that ended on September 30, 2023, to over $2.69 billion for the 12 months period that ended on September 30, 2024, and that its Net Loss of $69.62 million for the 12 months period that ended on September 30, 2023, turned to a Net Income of $22.71 million for the 12 months period that ended on September 30, 2024.

On February 22, 2024, Blue Orca Capital issued a report revealing that Fluence Energy failed to disclose that Siemens Energy had filed a lawsuit accusing Fluence Energy of misrepresentations, breach of contract, and fraud.

Then, on February 10, 2025, the Fluence Energy announced its financial results for the first quarter of its fiscal year 2025, reporting a net loss of $57 million, compared to a loss of $25.6 million for the same period in the prior year, with revenues falling 49% year-over-year, and lowering revenue guidance to a range of $3.1 billion to $3.7 billion, from its prior outlook of $3.6 billion to $4.4 billion.

Shares of Fluence Energy, Inc. (NASDAQ: FLNC) declined from $26.12 per share on May 31, 2024, to as low as $4.78 per share on March 04, 2025.

The plaintiff claims that between November 29, 2023, and February 10, 2025, the Defendants made false and/or misleading statements, as well as failed to disclose material facts, including 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.

Those who purchased shares of Fluence Energy, Inc. (NASDAQ: FLNC) have certain options and should contact the Shareholders Foundation.

Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

This release was published on openPR.