Press Release: Hagens Berman Alerts Fluence Energy (FLNC) Investors to Securities Fraud Class Action and Encourages Investors with Losses to Contact the Firm

SAN FRANCISCO, Oct. 6, 2026 // -- Fluence Energy (NASDAQ: FLNC) faces a securities class action, which seeks to represent investors who purchased or otherwise acquired Fluence securities between November 24, 2025 and September 16, 2026. The suit follows a stream of unexpected earnings announcements that were apparently at odds with Fluence's assurances that it was positioned to capitalize on surging demand for data centers, and which collectively wiped out roughly $3 billion of the company's market capitalization. National shareholders rights firm Hagens Berman continues its investigation into claims that Fluence violated the federal securities laws.

The firm urges Fluence investors who suffered substantial losses to submit your losses now. In addition, persons with knowledge who may be able to assist the investigation are invited to contact the firm's attorneys. Class Period: Nov. 24, 2025 -- Sept.

16, 2026 Lead Plaintiff Deadline: Nov. com Firm Telephone: 844-916-0895 Fluence Energy, Inc. (FLNC) Securities Class Action The litigation's focus is on the propriety of Fluence's assurances that it was "well positioned to capitalize on the accelerating demand for energy storage[,]" and its backlog sufficiently covered revenue expectations. The company's plan depended on successfully ramping its "fully automated" Houston manufacturing facility's production of thermal management systems for its Gridstack ProTM battery energy storage solutions.

The complaint alleges that Fluence did not disclose important information to investors -- its ability to deliver on its backlog and recognize revenue depended on new contract facilities that included incomplete and non-operational facilities. The complaint also alleges the company did not disclose that facility remediation efforts were unsuccessful. Investors began to learn the truth through a series of partial disclosures beginning on February 4, 2026. That day, Fluence reported its Q1 2026 results included a significant year-over-year margin compression due to "additional estimated costs on two projects[]" and a significant year-over-year increase in net losses.

2 million in the same quarter last year. S. " Finally, on September 16, 2026 Fluence slashed its 2026 revenue guidance again (by 20%). " He also revealed the ramp delay was caused by having to manually weld rather than employing the automated welding process.

Each of these revelations triggered sharp declines in the price of Fluence shares. 33 (-73%). "We're focused on when the Houston welding issue was first known to Fluence management given the facility's crucial role in onshoring," said Reed Kathrein, the Hagens Berman partner leading the firm's investigation. If you invested in Fluence and have substantial losses, or have knowledge that will assist the firm's investigation, submit your losses now >> Whistleblowers: Persons with non-public information regarding Fluence should consider their options to help in the investigation or take advantage of the SEC Whistleblower program.

Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. com. About Hagens Berman Hagens Berman is a global plaintiffs' rights complex litigation firm focusing on corporate accountability. The firm is home to a robust practice and represents investors as well as whistleblowers, workers, consumers and others in cases achieving real results for those harmed by corporate negligence and other wrongdoings.

9 billion in this area of law. com. Follow the firm for updates and news at @ClassActionLaw. Attorney Advertising.

Prior results do not guarantee a similar outcome in any future case. View original content to download multimedia SOURCE Hagens Berman Sobol Shapiro LLP (END) Dow Jones Newswires October 06, 2026 22:30 ET (02:30 GMT) The statements in this document shall not be considered as an objective or independent explanation of the matters. Please note that this document (a) has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and (b) is not subject to any prohibition on dealing ahead of the dissemination or publication of investment research.