What Should Fluence Energy, Inc. Investors Know After 34.63% Stock Drop? The Law Offices of Frank R. Cruz Outlines Securities Fraud Class Action Lead Plaintiff Deadline

Lawsuit alleges Fluence Energy, Inc. made misleading statements to investors from November 24, 2025 to September 16, 2026; lead plaintiff motions are due November 30, 2026 The Law Offices of Frank R. Cruz today announced a class action lawsuit against Fluence Energy, Inc. ("Fluence" or the "Company") (NASDAQ: FLNC ) on behalf of investors who acquired the Company's securities from November 24, 2025 to September 16, 2026. Filed on September 28, 2026, the case is Hatweek v. Fluence Energy, Inc., et al. , U.S. District Court for the Southern District of New York, Case No. 1:26-cv-08475. If you lost money on Fluence Energy, Inc. securities, submit your Fluence Energy, Inc. loss information by November 30, 2026 to learn about participating in the lawsuit. Fluence Energy, Inc. class action timeline Class period begins: November 24, 2025 Class period ends: September 16, 2026 Complaint filed: September 28, 2026 Lead plaintiff motion deadline: November 30, 2026 What happened? On February 4, 2026, after the market closed, Fluence reported first quarter 2026 financial results, including a GAAP gross profit margin of approximately 4.9%, a 6.5 percentage point decline year over year, due to "additional estimated costs on two projects." Further, net losses also increased to $62.6 million, compared to a net loss of approximately $57.0 million for the same quarter last year. Nonetheless, the Company continued to allege that its growth was being fueled by "accelerating data center growth, utility demand and rising industrial loads" and the Company has "been preparing for this inflection in growth with our expanded sales effort, global supply chain and domestic content strategy, which are driving our ability to deliver competitive products to customers around the world. " On this news Fluence Energy stock fell $10.04 per share or 34.63%, to close at $18.95 per share on February 5, 2026, thereby injuring investors. Then, on August 5, 2026, after the market closed, Fluence Energy announced third quarter financial results, including that revenue of $6.49.8 million was "weaker than expected, primarily reflecting production delays at new contract manufacturing facilities. " Further the Company reported "adjusted gross profit margin of approximately 5.9%, compared to approximately 15.4% in the same quarter last year, primarily reflecting the impact of delays to revenue." The Company concluded that it "now expects that $400.0 million in project deliveries will be delayed into fiscal 2027 due to production issues at a new international contract manufacturing facility and construction related delays that affected the completion and start-up of a new U.S. contract manufacturing facility." As a result, the Company slashed its guidance, cutting its fiscal year 2026 revenue guidance by $0.4 billion at the midpoint, and its adjusted EBITDA guidance by $60 million at the midpoint, a -120% change. On this news Fluence Energy stock fell $1.02 per share or 7.17%, to close at $13.21 per share on August 6, 2026, thereby further injuring investors. Finally, on September 16, 2026, after the market closed, Fluence Energy announced a mid-quarter guidance update, revealing that, among other things, the Company was cutting its full year revenue guide again, this time by approximately $0.6 billion, to $2.4 billion. The Company also dramatically cut its full year adjusted EBITDA guide from negative $10 million, to negative $200 million . The Company attributed the revision to ongoing "delays in the rampup of our contract manufacturing facility." On this news Fluence Energy stock fell $1.39 per share or 15.36%, to close at $7.66 per share on September 17, 2026, further injuring investors. What is the Fluence Energy, Inc. lawsuit about? The Fluence Energy, Inc. securities lawsuit alleges that, between November 24, 2025 and September 16, 2026, defendants made materially false and/or misleading statements and failed to disclose material adverse facts about Fluence Energy, Inc.'s business, operations, and prospects. Specifically, the complaint alleges defendants failed to disclose that: (1) the Company's ability to deliver its backlog and recognize the revenue underlying its fiscal 2026 guidance depended on new contract manufacturing facilities, including facilities that were not completed, not operational, and/or not capable of producing at the volumes the guidance assumed; (2) the corrective measures the Company had implemented to address production problems at its contract manufacturers were not remediating those problems, which persisted and extended to the Company's new facilities; (3) as a result, a material portion of the backlog that Defendants represented as "securing" or "covering" the Company's fiscal 2026 revenue guidance were likely to be delivered and recognized in fiscal 2026; and (4) as a result, defendants' positive statements about Fluence Energy, Inc.'s business, operations, and prospects were materially misleading and/or lacked a reasonable basis. " According to the complaint filed against Fluence Energy, Inc., the Company, among other things, did not disclose that the Company's ability to deliver its backlog and recognize the revenue underlying its fiscal 2026 guidance depended on new contract manufacturing facilities, including facilities that were not completed, not operational, and/or not capable of producing at the volumes the guidance assumed. The November 30, 2026 deadline is a key date for Fluence Energy, Inc. investors who want a voice in how this case moves forward, " said Frank R. Cruz of The Law Offices of Frank R. Cruz. What should Fluence Energy, Inc. investors do now? The Law Offices of Frank R. Cruz can help Fluence Energy, Inc. investors evaluate potential claims to recover their losses. Investors who want to serve as lead plaintiff in the Fluence Energy, Inc. class action must file a motion with the Court by November 30, 2026. For more information, visit the Fluence Energy, Inc. case page , email [email protected] , or call 310-914-5007. If you inquire by email, please include your mailing address, telephone number, and number of shares purchased. Investors may retain counsel of their choice. Fluence Energy, Inc. investors who bought during the class period may also take no action and remain absent class members. No class has been certified yet in the Fluence Energy, Inc. case. Questions and answers about the Fluence Energy, Inc. lawsuit Who is eligible? Investors who bought Fluence Energy, Inc. securities between November 24, 2025 and September 16, 2026 and lost money may be class members, and may seek lead plaintiff appointment by November 30, 2026. What does a lead plaintiff do? The lead plaintiff is appointed by the court to represent all class members and direct the Fluence Energy, Inc. class action. Must I be lead plaintiff to share in a recovery? No, Fluence Energy, Inc. investors can take no action and remain absent class members. How are attorneys' fees handled? The Law Offices of Frank R. Cruz works on contingency, so investors pay no attorneys' fees unless there is a recovery, and any fees require court approval. About The Law Offices of Frank R. Cruz The Law Offices of Frank R. Cruz investigates and prosecutes securities fraud and corporate malfeasance class actions. With nearly 20 years of litigation experience, the firm focuses on complex securities class actions and gives each client personal, one-on-one attention throughout the legal process. Prior results do not guarantee a similar outcome. Related links Fluence Energy, Inc. case page, The Law Offices of Frank R. Cruz Complaint: Hatweek v. Fluence Energy, Inc., et al., U.S. District Court for the Southern District of New York press release Fluence Energy, Inc. SEC filings index, EDGAR The Law Offices of Frank R. Cruz Follow The Law Offices of Frank R. Cruz for updates on Twitter: twitter.com/FRC_LAW This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. SOURCE The Law Offices of Frank R. Cruz, Los Angeles