Bronstein, Gewirtz & Grossman, LLC Announces Class Action Lawsuit Against Fluence Energy, Inc.
New York, NY – April 6, 2025
Bronstein, Gewirtz & Grossman, LLC, a leading national securities fraud law firm, today announced that a class action lawsuit has been filed against Fluence Energy, Inc. (“Fluence” or “the Company”) (NASDAQ: FLNC) and certain of its officers.
Class Definition
The lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Fluence securities between November 29, 2023, and February 10, 2025, both dates inclusive (the “Class Period”).
According to the complaint, throughout the Class Period, Defendants made false and/or misleading statements and/or failed to disclose that:
- Fluence had experienced significant product quality issues with its energy storage systems;
- The Company’s revenue growth was a result of one-time sales and not recurring revenue;
- Fluence’s financial statements were materially misstated;
As a result of these allegations, Fluence investors suffered significant losses.
Implications for Individual Investors
If you purchased or otherwise acquired Fluence securities during the Class Period, you may be eligible to recover your losses, including damages. To be a member of the class, you need not take any action at this time. You may, however, retain counsel of your choice if you wish to take advantage of any potential recovery.
Global Impact
The class action lawsuit against Fluence Energy, Inc. is not only a significant development for the Company and its investors but also a reminder of the importance of transparency and accuracy in financial reporting. Misrepresentations and material omissions can have far-reaching consequences, including damage to investor confidence, regulatory scrutiny, and potential regulatory action.
As the securities industry continues to evolve, it is crucial for companies to maintain the highest standards of integrity and transparency. This lawsuit underscores the importance of rigorous financial reporting and the consequences of failing to meet these standards.
Conclusion
Bronstein, Gewirtz & Grossman, LLC continues to investigate potential claims against Fluence Energy, Inc. and its officers. If you purchased Fluence securities during the Class Period, you are encouraged to contact the firm for a consultation with no obligation or cost. The law firm has extensive experience in representing investors in securities class actions and derivative actions.
The class action lawsuit against Fluence serves as a reminder of the importance of transparency and accuracy in financial reporting. It also highlights the potential consequences of misrepresentations and material omissions for both investors and the global financial markets.
