Overview

A class action lawsuit has been filed against Fluence Energy, Inc. (“Fluence” or the “Company”) and certain of the Company’s current senior executive officers alleging violations of the federal securities laws.  The Company’s stock trades on the NASDAQ under the ticker symbol “FLNC.”

The Fluence class action lawsuit was brought on behalf of all persons and entities who purchased or otherwise acquired Fluence common stock during the period from November 29, 2023, to February 10, 2025, both dates inclusive (the “Class Period”).

Fluence, through its subsidiaries, offers energy storage products and solutions, delivery services, recurring operational and maintenance services, and digital applications and solutions for energy storage and other power assets.  The Company represents that it has established relationships with third-party regional manufacturers for the fabrication, manufacture, assembly, and integration of its proprietary battery energy storage systems

The Fluence class action lawsuit alleges that Defendants, throughout the Class Period, made false and/or misleading statements as well as failed to disclose material facts, including 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 the Company 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.

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If you purchased or otherwise acquired Fluence common stock during the period from November 29, 2023, to February 10, 2025, both dates inclusive, and you wish to serve as lead plaintiff in this lawsuit, we encourage you to submit your information to DiCello Levitt LLP via the form on this page. 

You can also contact DiCello Levitt partner Brian O’Mara by calling (888) 287-9005 or at [email protected]. 

The deadline to apply to the Court to serve as lead plaintiff in the Fluence class action lawsuit is May 12, 2025.