Fluence Energy, Inc. (FLNC) Crashes After Blue Orca Accuses FLNC of Hiding Siemens Lawsuit - Hagens Berman
SAN FRANCISCO, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Hagens Berman urges Fluence Energy, Inc. (NASDAQ: FLNC) investors who suffered substantial losses to submit your losses now .
- SAN FRANCISCO, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Hagens Berman urges Fluence Energy, Inc. (NASDAQ: FLNC) investors who suffered substantial losses to submit your losses now .
- Blue Orca concluded that this bombshell lawsuit explains why FLNC’s largest shareholder, Siemens, has ceased to be major customer and has begun to sell its shares.
- Blue Orca contends that AES can do so once it sells down a portion of its stake in FLNC, which it began doing in Dec. 2023.
- “We are investigating whether FLNC may have concealed material risks from investors, including the Siemens lawsuit,” said Reed Kathrein, the Hagens Berman partner leading the firm’s investigation.