EXPANDED CLASS PERIOD: Fluence Energy, Inc. Investors with Substantial Losses Have Opportunity to Lead Investor Class Action Lawsuit - FLNC
San Diego, California--(Newsfile Corp. - April 18, 2025) - The law firm of Robbins Geller Rudman & Dowd LLP announces that purchasers of Fluence Energy, Inc. (NASDAQ: FLNC) Class A common stock between October 28, 2021 and February 10, 2025, both dates inclusive (the "Class Period"), have until May 12, 2025 to seek appointment as lead plaintiff of the Fluence Energy class action lawsuit. Captioned Kramer v. Fluence Energy, Inc., No. 25-cv-00634 (E.D. Va.), the Fluence Energy class action lawsuit charges Fluence Energy and certain of Fluence Energy's top current and former executives with violations of the Securities Exchange Act of 1934. A previously filed complaint is captioned Abramov v. Fluence Energy, Inc., No. 25-cv-00444 (E.D. Va.).
If you suffered substantial losses and wish to serve as lead plaintiff of the Fluence Energy class action lawsuit, please provide your information here:
https://www.rgrdlaw.com/cases-fluence-energy-inc-class-action-lawsuit- ...
You can also contact attorneys J.C. Sanchez or Jennifer N. Caringal of Robbins Geller by calling 800/449-4900 or via e-mail at info@rgrdlaw.com.
CASE ALLEGATIONS: Fluence Energy is a global provider of energy storage products and services and digital applications for renewable energy and storage.
The Fluence Energy class action lawsuit alleges that defendants throughout the class period made false and/or misleading statements and/or failed to disclose that: (i) a material portion of Fluence Energy's energy storage products suffered from defective design, installation, operational, and/or maintenance issues; (ii) Fluence Energy had repeatedly failed to adequately address known product defects and installation errors, and/or failed to honor outstanding warranty obligations Fluence Energy owed to its customers; (iii) the efficacy and safety of Fluence Energy's energy storage products and Fluence Energy's ability to timely deliver projects to its customers' satisfaction had been materially overstated; (iv) as a result, Fluence Energy's adjusted EBITDA, adjusted gross profit, and adjusted gross profit margins were artificially inflated throughout the Class Period; and (v) consequently, Fluence Energy was exposed to material undisclosed risks of reputational and financial harm, including through loss of business from current and/or prospective clients.