Security Investigation
Fluence Energy, Inc. (NasdaqGS: FLNC)
57 Days left to seek lead plaintiff status.
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Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until May 12, 2025 to file lead plaintiff applications in a securities class action lawsuit against Fluence Energy, Inc. (NasdaqGS: FLNC).
Fluence and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.
On February 10, 2025, the Company announced its financial results for 1Q 2025, disclosing a net loss of $57 million, or $0.32 per share, compared to a loss of $25.6 million, or $0.14 per share, for the same period in the prior year, revenues down 49% year-over-year to $186.8 million, and decreased revenue guidance for fiscal year 2025, to a range of $3.1 billion to $3.7 billion, from its prior outlook of $3.6 billion to $4.4 billion, due to “customer-driven delays in signing certain contracts that, coupled with competitive pressures, result in the need to lower our fiscal year 2025 outlook.”
On this news, the price of Fluence’s shares fell $6.07 per share, or 46.44%, to close at $7.00 per share on February 11, 2025.
If you purchased shares of Fluence and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email (lewis.kahn@ksfcounsel.com), or fill out the form on this page.
The case is Daniel Abramov v. Fluence Energy, Inc., et al., No. 25-cv-00444.