Bronstein, Gewirtz & Grossman, LLC Investigates Potential Securities Fraud Claims Against Flux Power Holdings, Inc.
New York, NY – In a recent press release dated February 5, 2025, Bronstein, Gewirtz & Grossman, LLC, a prominent securities fraud class action law firm, announced that it is investigating potential claims on behalf of purchasers of Flux Power Holdings, Inc. (Flux or the Company) (NASDAQ: FLUX) securities. The investigation focuses on whether Flux and certain of its executives and directors violated the Securities Exchange Act of 1934 between August 1, 2022, and November 11, 2022.
Background
Flux Power Holdings, Inc. is a designer, manufacturer, and seller of advanced energy storage solutions for various industrial applications. The Company’s products include lithium-ion batteries, battery management systems, and fuel cells. Flux’s solutions are used in a range of industries, including material handling, renewable energy, and defense.
Investigation Details
According to the investigation, the law firm is examining whether Flux and certain of its executives and directors made false and misleading statements regarding the Company’s business, operations, and financial condition. Specifically, the investigation focuses on the accuracy of statements regarding the Company’s revenue growth, customer contracts, and financial projections.
Impact on Investors
Investors who purchased Flux securities prior to November 11, 2022, and continue to hold to the present, are encouraged to contact the law firm to discuss their potential legal rights. If the investigation reveals that Flux and its executives and directors have engaged in securities fraud, these investors may be able to recover their losses through a class action lawsuit.
Broader Implications
The investigation into Flux Power Holdings, Inc. is a reminder of the importance of accurate and transparent financial reporting. Companies have a duty to provide truthful and complete information to investors, and failure to do so can result in significant consequences. The potential for securities fraud can negatively impact investor confidence, damage reputations, and weaken market stability.
Conclusion
Bronstein, Gewirtz & Grossman, LLC’s investigation into Flux Power Holdings, Inc. highlights the need for transparency and accuracy in financial reporting. As a responsible investor, it is crucial to stay informed about the companies in which you have invested and to be aware of any potential red flags. If you believe that you have been affected by securities fraud, it is important to consult with a qualified securities fraud attorney to discuss your legal rights and options.
- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims against Flux Power Holdings, Inc. for securities fraud.
- The investigation focuses on statements made by Flux regarding its revenue growth, customer contracts, and financial projections between August 1, 2022, and November 11, 2022.
- Investors who purchased Flux securities prior to November 11, 2022, and continue to hold to the present, are encouraged to contact the law firm.
- Securities fraud can negatively impact investor confidence, damage reputations, and weaken market stability.
