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Stock impact report

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Fluence Energy, Inc. - FLNC

Fluence Energy, Inc. (FLNC) 
Company Research Source: GlobeNewswire
NEW YORK, March 23, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Fluence Energy, Inc. (“Fluence” or the “Company”) (NASDAQ: FLNC).   Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980.    The investigation concerns whether Fluence and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. [Click here for information about joining the class action]     On February 22, 2024, Blue Orca Capital issued a report (the “Blue Orca Report”) alleging that Fluence had failed to disclose to investors that the U.S. affiliate of its largest shareholder and corporate parent, Siemens, has filed a lawsuit accusing Fluence of a litany of embarrassing and costly engineering and design failures, false representations, and fraud.  The Blue Orca Report also predicted that, given the Company’s historically heavy cash burn and diminishing support from Show less Read more
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