Kehoe Law Firm, P.C. is investigating potential securities fraud claims on behalf of investors of Fluence Energy, Inc. (“Fluence Energy” or “Fluence”) (NASDAQ: FLNC).
Class Action Complaint Filed Against Fluence Energy
On March 11, 2025, a class action complaint was filed against Fluence Energy on behalf of investors who purchased or otherwise acquired Fluence common stock between November 29, 2023 to February 10, 2025, inclusive (the “Class Period”).
Alleged Violations of the Federal Securities Laws
The class action alleges violations of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934, 15 U.S.C. §§ 78j(b) and 78t(a) and Rule 10b-5 promulgated thereunder by the SEC, 17 C.F.R. § 240.10 b-5.
Specifically, throughout the Class Period, the Fluence Defendants allegedly made false and/or misleading statements, as well as failed to disclose material facts, including that:
- Fluence’s relationship with its founders and largest sources of revenue, Siemens AG and The AES Corporation, was poised to decline;
- Siemens Energy, Siemens AG’s U.S. affiliate, had accused Fluence of engineering failures and fraud;
- Fluence Energy’s margins and revenue growth were inflated as Siemens and AES were moving to divest; and
- Based on the foregoing, the Fluence Energy 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.
Fluence Energy investors who acquired their Fluence stock during the Class Period are encouraged to complete KLF’s Stockholder Information Request form or send us a message to contact an attorney for a free, no-obligation legal evaluation.
For direct inquiries, Fluence Energy investors should contact Michael Yarnoff, Esq., (215) 792-6676, Ext. 804, [email protected], [email protected].
About Kehoe Law Firm, P.C.
Kehoe Law Firm, P.C. is a nationally recognized, plaintiff-side class action firm dedicated to protecting investors and consumers from fraud and misconduct. Our attorneys have served as Lead or Co-Lead Counsel in major securities cases, recovering over $10 billion for institutional and individual investors. We litigate securities fraud, fiduciary breaches, unfair mergers and acquisitions, and antitrust violations, while also representing whistleblowers and advocating for victims of data breaches, consumer fraud, vehicle and product defects, employment law violations, retirement plan mismanagement, and other corporate and business misconduct. With a results-driven approach, we pursue justice and substantial recoveries for those we represent.
KLF’s class action legal services are on a contingency-fee basis, meaning clients are not responsible for any fees or litigation expenses.
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