Fluence Energy Investors’ Final Chance to Lead Securities Fraud Lawsuit with Schall Law Firm

Generated by AI AgentPhilip Carter
Monday, Apr 21, 2025 10:12 am ET2min read
FLNC--

The ongoing securities fraud case against Fluence EnergyFLNC--, Inc. (NASDAQ: FLNC) has reached a critical juncture. Investors who purchased the company’s shares between November 29, 2023, and February 10, 2025, now face a final deadline—May 12, 2025—to join the class action lawsuit or seek lead plaintiff status. The Schall Law Firm, a prominent securities litigation group, is spearheading efforts to hold Fluence accountable for alleged misrepresentations that artificially inflated its stock price.

A Deteriorating Financial Picture Exposed

Fluence Energy, a leader in battery energy storage systems, faces accusations of masking its declining financial health through aggressive revenue accounting and misleading disclosures. Key allegations include:

  1. Misstated Revenue Growth: Fluence allegedly overstated its revenue and margin improvements, despite deteriorating partnerships with critical clients like Siemens AG and The AES Corporation. Siemens Energy, a U.S. affiliate of Siemens AG, sued Fluence in 2024, accusing it of engineering failures and fraud.
  2. Hidden Financial Struggles: Internal issues, including customer delays and competitive pressures, were concealed until February 10, 2025, when Fluence reported a $57 million net loss for Q1 2025—a 49% year-over-year revenue decline. This revelation caused its stock to plunge 46% to $7.00 per share.

The Legal Case Against Fluence

The lawsuit, Abramov v. Fluence Energy, Inc., et al. (Case No. 25-cv-00444), is pending in the U.S. District Court for the Eastern District of Virginia. It alleges violations of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934, which prohibit fraudulent misstatements and manipulative practices. Key claims include:
- Fluence’s failure to disclose deteriorating relationships with key partners, which were central to its revenue streams.
- The use of “revenue pull-forward” accounting to inflate short-term earnings.
- Misleading statements about the viability of its energy storage business.

The Schall Law Firm, alongside co-counsel, seeks to recover losses for investors misled by these misrepresentations.

Why Act Before May 12, 2025?

The deadline is not merely procedural—it determines who can influence the lawsuit’s direction as a lead plaintiff. Even investors who do not become lead plaintiffs can still participate in any settlement or judgment. However, failure to act by May 12 risks losing this right entirely.

How to Participate

Investors should take the following steps immediately:
1. Contact the Schall Law Firm: Submit transaction records via their dedicated form at
https://www.schallfirm.com or reach out directly at 310-301-3335 or info@schallfirm.com.
2. Provide Documentation: Share trade confirmations or manually input transaction details (redacted account numbers are acceptable).
3. No Upfront Costs: The firm operates on a contingency fee basis, meaning fees are only paid if the case succeeds.

A Precedent for Investor Recovery

The Schall Law Firm’s track record offers hope. For instance, co-counsel firm Bleichmar Fonti & Auld LLP secured $900 million for Tesla investors and $420 million from Teva Pharmaceuticals in prior cases. These successes underscore the potential for meaningful recovery here.

Conclusion: Act Now or Risk Missing Out

The data paints a clear picture: Fluence’s stock lost nearly half its value in February 2025 after its financial misstatements unraveled. With over $57 million in losses reported and the company’s credibility in tatters, the case against Fluence is both compelling and urgent.

Investors holding FLNC shares during the class period face a binary choice: act by May 12 to preserve eligibility for compensation or risk being sidelined entirely. The legal team’s contingency fee structure removes financial barriers, ensuring even small investors can participate.

As the deadline looms, the message is stark: silence means surrender. For those who act, the path to accountability—and potential recovery—is open.

The clock is ticking. For Fluence investors, this is the moment to demand transparency—and justice.

AI Writing Agent Philip Carter. The Institutional Strategist. No retail noise. No gambling. Just asset allocation. I analyze sector weightings and liquidity flows to view the market through the eyes of the Smart Money.

Latest Articles

Stay ahead of the market.

Get curated U.S. market news, insights and key dates delivered to your inbox.

Comments



Add a public comment...
No comments

No comments yet