NEW YORK, May 13, 2025 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Fluence Energy, Inc. (NASDAQ: FLNC) on behalf of long-term stockholders following a class action complaint that was filed against Fluence on March 11, 2025 with a Class Period from October 28, 2021 to February 10, 2025. Our investigation concerns whether the board of directors of Fluence have breached their fiduciary duties to the company.
According to the lawsuit, during the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) Fluence's relationship with its founders and largest sources of revenue, Siemens AG ("Siemens") and The AES Corporation ("AES"), was poised to decline; (2) Siemens Energy, Siemens AG's U.S. affiliate, had accused Fluence of engineering failures and fraud; (3) Fluence's margins and revenue growth were inflated as Siemens and AES were moving to divest; and (4) based on the foregoing, 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. When the true details entered the market, the lawsuit claims that investors suffered damages.
If you are a long-term stockholder of Fluence, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Marion Passmore by email at investigations@bespc.com, by telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you.
About Bragar Eagel & Squire, P.C.:
Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York and California. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes.
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Contact Information:
Bragar Eagel & Squire, P.C.
Brandon Walker, Esq.
Marion Passmore, Esq.
(212) 355-4648
investigations@bespc.com
www.bespc.com
