Law firm Levi & Korsinsky, LLP announced on October 28, 2026 that a federal securities class action has been filed against Fluence Energy, Inc. on behalf of investors who purchased or acquired Fluence securities between November 24, 2025 and September 16, 2026.

Key Highlights

  • Class Period: The lawsuit covers purchases of Fluence securities between November 24, 2025 and September 16, 2026, inclusive.
  • Case filed: The action, No. 1:26-cv-08475, was filed September 28, 2026 in the Southern District of New York and includes a jury demand.
  • Alleged guidance gap: According to the filing, Fluence's original fiscal 2026 revenue guidance of approximately $3.2 billion to $3.6 billion and adjusted EBITDA of $40.0 million to $60.0 million was later revised to approximately $2.4 billion in revenue and an adjusted EBITDA loss of approximately $200.0 million.
  • Stock price movement: The filing states NASDAQ:FLNC closed at $28.99 on February 4, 2026, and at $7.66 on September 17, 2026, after three disclosure events.
  • Defendants named: The complaint names Fluence Energy, Inc. and two individual defendants, identified as its Chief Executive Officer and Chief Financial Officer.
  • Lead plaintiff deadline: Applications for lead plaintiff appointment must be submitted by November 27, 2026.

Allegations Against Fluence Energy and Its Senior Executives

According to the announcement, the complaint alleges that Fluence Energy, Inc. and two senior executives violated Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5, with additional Section 20(a) control person claims asserted against those executives. The case is being pursued on behalf of investors who purchased or otherwise acquired Fluence securities during the stated class period.

The filing states that plaintiffs contend Fluence's original fiscal 2026 outlook depended on new contract manufacturing facilities that were "not completed, operational, or capable of assumed volumes," and that "corrective measures were not fixing persistent production problems." The complaint further alleges that when the company disclosed production delays, a $400.0 million shift of project deliveries into fiscal 2027, and two reductions to fiscal 2026 guidance, the stock price declined sharply.

The proposed class, as described in the filing, excludes defendants, company officers and directors, their immediate families, and entities they control. Class members who do not seek a leadership role are described as generally remaining eligible to share in any recovery. The filing notes that any class member may apply to the court for lead plaintiff appointment, with the lead plaintiff overseeing the litigation and selecting counsel subject to court approval.

What Was Disclosed

The law firm Levi & Korsinsky, LLP disclosed a securities class action against Fluence Energy, Inc. (NASDAQ:FLNC) and two senior executives, alleging misleading statements about production readiness and fiscal 2026 guidance. The lead plaintiff application deadline is November 27, 2026.