Fluence Energy Faces Class Action Over Alleged Misrepresentations

Fluence Energy Inc. is facing increased scrutiny as multiple law firms remind investors of an approaching May 12, 2025, deadline to seek lead plaintiff status in federal securities class actions. The lawsuits stem from a Blue Orca Capital report that revealed key founders Siemens AG and The AES Corporation were divesting their interests, and that Siemens Energy had sued Fluence for alleged misrepresentations, breach of contract, and fraud. The report also claimed Fluence's apparent earnings growth relied on aggressive revenue pull-forwards and questionable accounting, leading to unreliable reported revenues. Following these disclosures and subsequent financial reports—including a significant net loss and sharply reduced revenue guidance—Fluence’s stock price plummeted, resulting in substantial investor losses. Fluence has disputed the allegations, asserting continued strong partnerships and downplaying the litigation’s impact on operations. The situation has triggered significant investor concern and ongoing legal action.