Fluence Energy, Inc. (FLNC) Stock Lawsuit Investigation
At a glance
What is the Fluence Energy, Inc. (NASDAQ: FLNC) Class Action Lawsuit Investigation about?
Gibbs Law Group is investigating potential legal claims on behalf of Fluence investors.What did Fluence do wrong?
We are investigating whether Fluence has violated federal securities laws by providing false or misleading statements to investors.What do you get out of this?
This potential lawsuit seeks to help Fluence shareholders recover their investment losses.
Lost Money in Fluence?
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Why is Fluence (FLNC) stock dropping?
On February 22, 2024, Blue Orca Capital issued a report claiming Fluence failed to disclose to investors that Siemens, the U.S. affiliate of Fluence’s largest shareholder and corporate parent, had filed a lawsuit against Fluence alleging various forms of misconduct. According to Blue Orca Capital, the lawsuit by Siemens accuses Fluence of “a laundry list of embarrassing and costly engineering and design failures, false representations, and most notably fraud.”
Following the release of the report, the stock dropped as much as 21% in intraday trading on February 22nd, causing harm to investors.
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