Market Newsdesk

March 17, 2025 2:38 pm

e.l.f. Beauty, Inc. Class Action: The Gross Law Firm Reminds e.l.f. Beauty Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of May 5, 2025 – ELF

NEW YORK, March 17, 2025 (GLOBE NEWSWIRE) — The Gross Law Firm issues the following notice to shareholders of e.l.f. Beauty, Inc. (NYSE: ELF).

Shareholders who purchased shares of ELF during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.

https://securitiesclasslaw.com/securities/e-l-f-beauty-loss-submission-form/?id=136061&from=3

CLASS PERIOD: November 1, 2023 to November 19, 2024

ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (i) contrary to its representations to investors, the Company was experiencing rising inventory levels as a consequence of flagging sales; (ii) Elf falsely attributed the rising inventory levels to, among other things, changes in its sourcing practices; (iii) to maintain investor confidence, Elf reported inflated revenue, profits, and inventory over several quarters; (iv) the Company’s business and/or financial prospects were overstated; (v) all of the foregoing, once revealed, would likely have a material negative impact on the Company; and (vi) as a result, the Company’s public statements were materially false and misleading at all relevant times.

DEADLINE: May 5, 2025 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/e-l-f-beauty-loss-submission-form/?id=136061&from=3

NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of ELF during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is May 5, 2025. There is no cost or obligation to you to participate in this case.

WHY GROSS LAW FIRM? The Gross Law Firm is a nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company’s stock. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:

The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: [email protected]
Phone: (646) 453-8903

March 17, 2025 2:38 pm

Shareholders that lost money on Walgreens Boots Alliance, Inc. (WBA) should contact The Gross Law Firm about pending Class Action – WBA

NEW YORK, March 17, 2025 (GLOBE NEWSWIRE) — The Gross Law Firm issues the following notice to shareholders of Walgreens Boots Alliance, Inc. (NASDAQ: WBA).

Shareholders who purchased shares of WBA during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.

https://securitiesclasslaw.com/securities/walgreens-boots-alliance-inc-loss-submission-form-2/?id=136057&from=3

CLASS PERIOD: April 2, 2020 to January 16, 2025

ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (i) contrary to the Company’s purported commitment to improved regulatory compliance, Walgreens continued to engage in widespread violations of federal law governing the dispensation of prescription medication and reimbursement for the same; (ii) the foregoing conduct, when revealed, would subject Walgreens to a heightened risk of further regulatory scrutiny, civil liability, and reputational harm; (iii) Walgreens’ revenues from the sale of prescription medications were unsustainable to the extent that they derived from unlawful conduct; and (iv) as a result, the Company’s public statements were materially false and misleading at all relevant times.

DEADLINE: March 31, 2025 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/walgreens-boots-alliance-inc-loss-submission-form-2/?id=136057&from=3

NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of WBA during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is March 31, 2025. There is no cost or obligation to you to participate in this case.

CONTACT:

The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: [email protected]
Phone: (646) 453-8903

March 17, 2025 2:38 pm

Contact The Gross Law Firm by March 31, 2025 Deadline to Join Class Action Against Arconic Corporation (ARNC)

NEW YORK, March 17, 2025 (GLOBE NEWSWIRE) — The Gross Law Firm issues the following notice to shareholders of Arconic Corporation (NYSE: ARNC).

Shareholders who purchased shares of ARNC during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.

https://securitiesclasslaw.com/securities/arconic-corporation-loss-submission-form/?id=136059&from=3

CLASS PERIOD: This lawsuit is on behalf of a Class of all persons who sold publicly traded shares of Arconic common stock between April 19, 2022 and May 3, 2023, both dates inclusive.

ALLEGATIONS: According to the filed complaint, defendants made false and/or misleading statements and/or failed to disclose that defendants stated in Arconic’s quarterly and annual reports issued during the Class Period that Arconic’s share repurchase programs were “intended to comply with Rule 10b5-1,” which prohibits securities trading on the basis of material nonpublic information, and that all of Arconic’s share purchases “were made in compliance with Rule 10b-18,” which provides a safe harbor for share repurchases that meet certain criteria, but does not provide a safe harbor for insider trading or other violations of the federal securities laws. However, at the time those statements were made, Arconic had made share repurchases while in possession of material nonpublic information, and therefore Arconic’s share repurchase programs were not in compliance with Rule 10b5-1, and the share repurchases were not made in compliance with Rule 10b-18. Further, defendants stated that they were continuing with share repurchases. Inasmuch as the Company was restrained by law from buying back stock during active negotiations with Apollo, the defendants’ statements with respect to ongoing stock repurchases signaled to the market that there were no, and had been no, ongoing negotiations. Accordingly, when speaking about the stock repurchases, the defendants were obligated to disclose the whole truth – that they were in, or had been in, negotiations with Apollo.

DEADLINE: March 31, 2025 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/arconic-corporation-loss-submission-form/?id=136059&from=3

NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of ARNC during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is March 31, 2025. There is no cost or obligation to you to participate in this case.

CONTACT:

The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: [email protected]
Phone: (646) 453-8903

March 17, 2025 2:38 pm

Investors in Monolithic Power Systems Inc. Should Contact The Gross Law Firm Before April 7, 2025 to Discuss Your Rights – MPWR

NEW YORK, March 17, 2025 (GLOBE NEWSWIRE) — The Gross Law Firm issues the following notice to shareholders of Monolithic Power Systems Inc. (NASDAQ: MPWR).

Shareholders who purchased shares of MPWR during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.

https://securitiesclasslaw.com/securities/monolithic-loss-submission-form/?id=136060&from=3

CLASS PERIOD: February 8, 2024 to November 8, 2024

ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (a) Monolithic’s voltage regulator modules and power management integrated circuits were suffering from significant performance and quality control issues; (b) the defects listed in (a), above, had, in turn, negatively impacted the performance of certain products offered by the Company’s largest customer, Nvidia, in which such products were used; (c) Monolithic had failed to adequately address and resolve known issues affecting the performance of the power management solutions the Company supplied to Nvidia; (d) Monolithic’s relationship with Nvidia had been irreparably damaged due to the significant performance and quality control.

DEADLINE: April 7, 2025 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/monolithic-loss-submission-form/?id=136060&from=3

NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of MPWR during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is April 7, 2025. There is no cost or obligation to you to participate in this case.

CONTACT:

The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: [email protected]
Phone: (646) 453-8903

March 17, 2025 2:38 pm

Shareholders that lost money on Merck & Co., Inc.(MRK) Urged to Join Class Action – Contact The Gross Law Firm to Learn More

NEW YORK, March 17, 2025 (GLOBE NEWSWIRE) — The Gross Law Firm issues the following notice to shareholders of Merck & Co., Inc. (NYSE: MRK).

Shareholders who purchased shares of MRK during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.

https://securitiesclasslaw.com/securities/merck-co-inc-loss-submission-form/?id=136058&from=3

CLASS PERIOD: February 3, 2022 to February 3, 2025

ALLEGATIONS: According to the complaint, defendants provided investors with material information concerning Merck’s expected revenue of $11 billion from sales of Gardasil by 2030. Defendants’ statements included, among other things, confidence in Merck’s purported ability to utilize successful consumer activation and education efforts on the benefits of Gardasil in order to drive demand and capitalize on eligible populations for vaccination, resulting in confidently optimistic reports and forecasts of Gardasil’s growth in China. The full truth finally emerged on February 4, 2025, when Merck announced it would no longer achieve the long-forecasted $11 billion in sales of Gardasil by 2030, as it would cease shipments of Gardasil to China “through at least midyear” to facilitate a “rapid reduction of inventory.” Defendants claimed this was necessitated by the continued over-inflation of overall channel inventories as demand in China for Gardasil had “not recovered to the level we had expected.” Following this news, Merck’s common stock declined dramatically. From a closing market price of $99.79 per share on February 3, 2025, Merck’s stock price fell to $90.74 per share on February 4, 2025, a decline of more than 9% in the span of just a single day.

DEADLINE: April 14, 2025 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/merck-co-inc-loss-submission-form/?id=136058&from=3

NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of MRK during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is April 14, 2025. There is no cost or obligation to you to participate in this case.

CONTACT:

The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: [email protected]
Phone: (646) 453-8903

March 17, 2025 2:38 pm

The Gross Law Firm Reminds XPLR Infrastructure, LP Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of May 9, 2025 – XIFR

NEW YORK, March 17, 2025 (GLOBE NEWSWIRE) — The Gross Law Firm issues the following notice to shareholders of XPLR Infrastructure, LP (NYSE: XIFR).

Shareholders who purchased shares of XIFR during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.

https://securitiesclasslaw.com/securities/xplr-infrastructure-lp-loss-submission-form/?id=136055&from=3

CLASS PERIOD: January 26, 2021 to January 27, 2025

ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (i) XPLR was struggling to maintain its operations as a yieldco; (ii) defendants temporarily relieved this issue by entering into CEPF, convertible equity portfolio financing arrangements while downplaying the attendant risks; (iii) XPLR could not buy out CEPFs before their maturity date without risking significant unitholder dilution; (iv) as a result, defendants planned to halt cash distributions to investors and instead redirect those funds to, inter alia, buy out the Company’s CEPFs; (v) as a result of all the foregoing, XPLR’s yieldco business model and distribution growth rate was unsustainable; and (vi) as a result, defendants’ public statements were materially false and misleading at all relevant times.

DEADLINE: May 9, 2025 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/xplr-infrastructure-lp-loss-submission-form/?id=136055&from=3

NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of XIFR during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is May 9, 2025. There is no cost or obligation to you to participate in this case.

CONTACT:

The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: [email protected]
Phone: (646) 453-8903

March 17, 2025 2:37 pm

TIXT LAWSUIT ALERT: The Gross Law Firm Notifies TELUS International (Cda) Inc. Investors of a Class Action Lawsuit and Upcoming Deadline

NEW YORK, March 17, 2025 (GLOBE NEWSWIRE) — The Gross Law Firm issues the following notice to shareholders of TELUS International (Cda) Inc. (NYSE: TIXT).

Shareholders who purchased shares of TIXT during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.

https://securitiesclasslaw.com/securities/telus-international-loss-submission-form/?id=136056&from=3

CLASS PERIOD: February 16, 2023 to August 1, 2024

ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) the Company’s AI Data Solutions offerings required the cannibalization of its higher-margin offerings; (2) Telus International’s declining profitability was tied to the Company’s drive to develop AI capabilities; (3) Telus International’s shift toward AI put greater pressure on the Company’s margins than previously disclosed; and (4) as a result of the foregoing, defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

DEADLINE: March 31, 2025 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/telus-international-loss-submission-form/?id=136056&from=3

NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of TIXT during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is March 31, 2025. There is no cost or obligation to you to participate in this case.

CONTACT:

The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: [email protected]
Phone: (646) 453-8903

March 17, 2025 2:37 pm

CARFAX Canada Service Suite Launches to Boost Service Revenue and Customer Loyalty

CARFAX Canada Service Suite Launches to Boost Service Revenue and Customer Loyalty

LONDON, Ontario–(BUSINESS WIRE)–CARFAX Canada proudly announces the launch of its new Service Suite, an all-in-one customer engagement solution designed to help Canadian dealerships and service shops maximize service revenue and drive sustained customer loyalty. By sending timely co-branded service reminders and data-driven insights, the Service Suite brings customers back for service, builds trust and empowers better-informed vehicle maintenance decisions.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250305489176/en/

CARFAX Canada Service Suite has two complementary components; Car Care, an automated communication tool, and Service Insights; a customer-facing report that predicts upcoming maintenance. (Graphic: Business Wire)

Customers can lack detailed knowledge about vehicle maintenance or may not follow through on service recommendations, resulting in an erosion of loyalty and decrease in visits over time. The Service Suite helps to overcome these challenges by enhancing trust and encouraging repeat visits both before and after the warranty period. By staying on top of recommended maintenance, customers keep their vehicles in optimal condition, ensuring their safety on the road and protecting their asset.

The Service Suite has two complementary components: Car Care, an automated communication tool; and Service Insights, a customer-facing report that predicts upcoming maintenance.

Car Care: Turnkey Maintenance Reminders

The CARFAX Canada Service Suite features anautomated email tool called Car Care that helps dealerships and service shops communicate effectively with their customers and encourage repeat visits. Ready-made service reminder emails from the trusted CARFAX Canada brand highlight the dealership or service centre’s own brand, keeping it top of mind as customers plan for their next service visit. These customized reminders, tailored to the owner’s specific vehicle, keep customers engaged throughout their vehicle ownership period.

The tool allows users to access real-time performance metrics, respond to customer reviews, and manage customer lists. Once set up with the dealership or service centre’s customer list, tailored communications are sent automatically to the customer, effortlessly driving customer engagement.

Service Insights: Trusted Maintenance Recommendations

The Service Suite also includes customer-facing Service Insights reports that predict upcoming repair and maintenance needs using proprietary data analytics. These reports help dealerships and service shops clearly explain to their customers the required and recommended services throughout the vehicle lifecycle and the impact of deferring work.

Service Insights reports provide third-party validation from a trusted brand, increasing the likelihood of service recommendation approvals and boosting repair order values. Nearly 6/10 car owners are more likely to get additional work done if their shop suggests it using a CARFAX Canada Service Insights report.¹

“CARFAX Canada is a very well-known company and is trusted by the car industry across the board,” says Nathan Stevenson, a service advisor at Erskine Service Center in Orangeville, Ontario. Stevenson, who has been using Service Insights reports for several months, shared that when providing service recommendations to customers, knowing that “the information has been backed up by CARFAX Canada really adds a lot of credibility.”

“Increasing service revenue starts with loyal, trusting customers. Our CARFAX Canada Service Suite makes it easy to engage with your customers in a meaningful way and super-charges your service recommendations with trusted CARFAX data,” says Shawn Vording, President of CARFAX Canada. “The Service Suite tools work in unison to create proactive, educated customers who plan for preventative maintenance and trust their service shop.”

To experience the benefits of the CARFAX Canada Service Suite, contact your CARFAX Canada representative to start a free trial today. Discover how easy it can be to maximize service revenue while building trust and loyalty with customers.

About CARFAX Canada

CARFAX Canada, a part of S&P Global (NYSE: SPGI), is Canada’s definitive source of automotive information, delivering vehicle history, valuation and service solutions. Drawing on billions of data records from thousands of sources, its products enable used vehicle buyers, sellers and vehicle service providers to make informed decisions. CARFAX Canada is dedicated to transparency and is trusted to provide vehicle history, valuation and service information to dealerships, vehicle manufacturers, consumers, service shops, major auctions, governments, insurance providers and police agencies. www.carfax.ca

Connect with CARFAX Canada on Instagram, Facebook and LinkedIn.

¹ CARFAX Canada Driving Insights Survey, 2024

View source version on businesswire.com: https://www.businesswire.com/news/home/20250305489176/en/

For further information or for an interview with a CARFAX Canada representative, please contact:

Brittney McKee, Director of Brand Marketing at CARFAX Canada

[email protected]

+1.226.680.1712

KEYWORDS: North America Canada

INDUSTRY KEYWORDS: Aftermarket Automotive Specialty Other Transport Other Automotive General Automotive Transport Retail

MEDIA:

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CARFAX Canada Service Suite has two complementary components; Car Care, an automated communication tool, and Service Insights; a customer-facing report that predicts upcoming maintenance. (Graphic: Business Wire)

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Posted on March 17, 2025 2:37 pm
The intermodal supply chain leader you need to know: Michael Baumgardt

The intermodal supply chain leader you need to know: Michael Baumgardt

Schneider Senior Vice President named a Supply & Demand Chain Executive 2025 “Pro to Know”

GREEN BAY, Wis.–(BUSINESS WIRE)–
In today’s complex transportation environment, shippers are looking for flexible solutions that get their products to consumers reliably, safely and cost-effectively. For those striving to enhance their supply chains, Intermodal transportation is a vital component of any multimodal approach. At Schneider National, Inc. (NYSE: SNDR), a premier multimodal provider of transportation, intermodal and logistics services, Senior Vice President and General Manager of Intermodal, Michael Baumgardt, is leading the charge in delivering those customer-centric solutions.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250314663044/en/

Michael Baumgardt

Michael’s proficiency in analyzing customer freight needs and driving efficiencies makes him a sought-after expert. Most importantly, his focus on collaborating with customers to help them achieve their business goals has led to innovative solutions that address common challenges in the industry, such as the need for seamless and timely border crossings and more sustainable transportation options.

It’s no surprise then that Michael has been recognized as one of the 2025 Pros to Know by Supply & Demand Chain Executive, highlighting his significant contributions in the supply chain sector. Just a few of Michael’s recent key achievements include:

Enabled new Intermodal service in Mexico: Michael oversaw the launch of an expanded, continuous rail service between Mexico, Texas and the Southeastern United States, reducing delays and freight loss while increasing payload and savings by 10% or more because of Schneider’s lightweight, company-owned equipment and specialized heavy-haul permits.

Strengthened reliable rail routes: By enhancing relationships with rail providers, Michael ensured customers have the broadest scope of intermodal solutions. As the only fully asset-based carrier with Union Pacific (UP), CSX and CPKC connections, Schneider pairs with the rail providers to optimize routes and strategize further innovation.

Implemented responsible, sustainable transportation solutions: Michael assisted in operationalizing Schneider’s battery electric fleet in Southern California, leading to more than six million zero emission miles being driven using Freightliner eCascadias – so far.

“Our customers have high expectations – and rightfully so. They need to get their freight on time, every time. That’s why I’m proud to work for an organization that consistently lives up to its promises,” said Michael. “I see this recognition as a team win. It reflects our successful efforts to prioritize customers’ business objectives, deploy flexible solutions supported by technical innovations and find ways to ensure mutual growth and collaboration.”

Michael’s 23 years at Schneider have equipped him with extensive knowledge and experience, enabling him to turn industry challenges into opportunities. His leadership has driven Schneider’s growth and long-term success for its customers.

“This recognition is a testament to Michael’s exceptional dedication, innovative thinking and unwavering commitment to excellence in our industry,” said Schneider Executive Vice President and Group President of Transportation and Logistics Jim Filter. “He has been instrumental in expanding our Intermodal capabilities, strengthening our rail relationships and demonstrating servant leadership. This award is so well-deserved, and we all look forward to his continued success within our organization.”

To learn more about Schneider’s Intermodal offerings, visit Schneider.com > Shippers > Intermodal.

About Schneider

Schneider is a premier multimodal provider of transportation, intermodal and logistics services. Offering one of the broadest portfolios in the industry, Schneider’s solutions include Regional and Long-Haul Truckload, Expedited, Dedicated, Bulk, Intermodal, Brokerage, Warehousing, Supply Chain Management, Port Logistics and Logistics Consulting.

Schneider has been safely delivering superior customer experiences and investing in innovation for 90 years. The company’s digital marketplace, Schneider FreightPower®, is revolutionizing the industry giving shippers access to an expanded, highly flexible capacity network and provides carriers with unmatched access to quality drop-and-hook freight – Always Delivering, Always Ahead.

For more information about Schneider, visit Schneider.com or follow the company socially on Facebook,LinkedIn and X: @WeAreSchneider.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250314663044/en/

For additional or story assistance, please contact

Kara Leiterman, Media Relations Manager

M 920-370-7188

[email protected]

schneider.com/news

KEYWORDS: United States North America Wisconsin

INDUSTRY KEYWORDS: Supply Chain Management Trucking Rail Retail Logistics/Supply Chain Management Transport Other Transport

MEDIA:

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Michael Baumgardt

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Posted on March 17, 2025 2:37 pm
FLNC Investors Have Opportunity to Lead Fluence Energy, Inc. Securities Fraud Lawsuit

PR Newswire

NEW YORK
, March 17, 2025 /PRNewswire/ —

Why: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of common stock of Fluence Energy, Inc. (NASDAQ: FLNC) between November 29, 2023 and February 10, 2025, both dates inclusive (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than May 12, 2025.

So what: If you purchased Fluence common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

What to do next: To join the Fluence class action, go to https://rosenlegal.com/submit-form/?case_id=22722 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than May 12, 2025. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

Details of the case: According to the lawsuit, during the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) Fluence’s relationship with its founders and largest sources of revenue, Siemens AG (“Siemens”) and The AES Corporation (“AES”), was poised to decline; (2) Siemens Energy, Siemens AG’s U.S. affiliate, had accused Fluence of engineering failures and fraud; (3) Fluence’s margins and revenue growth were inflated as Siemens and AES were moving to divest; and (4) based on the foregoing, defendants lacked a reasonable basis for their positive statements related to Fluence’s battery energy storage business, as well as related financial results, growth, and prospects. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Fluence class action, go to https://rosenlegal.com/submit-form/?case_id=22722 or https://rosenlegal.com/submit-form/?case_id=28116call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

      Laurence Rosen, Esq.
      Phillip Kim, Esq.
      The Rosen Law Firm, P.A.
      275 Madison Avenue, 40th Floor
      New York, NY 10016
      Tel: (212) 686-1060
      Toll Free: (866) 767-3653
      Fax: (212) 202-3827
      [email protected]
      www.rosenlegal.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/flnc-investors-have-opportunity-to-lead-fluence-energy-inc-securities-fraud-lawsuit-302403378.html

SOURCE THE ROSEN LAW FIRM, P. A.

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