{"success":true,"data":{"pressRelease":{"id":"160606","rtpr_id":"nGNX7gbpns-20261005","ticker":"FLNC","exchange":"NASDAQ","all_tickers":["FLNC"],"title":"Portnoy Law Firm Announces Class Action on Behalf of Fluence Energy, Inc. Investors","author":"Globe Newswire","published_at":"2026-10-05T13:00:00.791Z","article_body":"LOS ANGELES, Oct. 05, 2026 (GLOBE NEWSWIRE) -- The Portnoy Law Firm\n(https://www.globenewswire.com/Tracker?data=uqATpqka1U-1RvOj8YTr7Z1dPA_SkQ99uYHkI-KCgAA0wlsFIsremnqyl8lLEqaZLYDDo7WdoCiJCoodnnCelxITK6O6m2Jx0xqZEhfQsaCPyiufsGS5nUcRfNyjBSlW)\nadvises Fluence Energy, Inc., (“Fluence” or the \"Company\") (NASDAQ: FLNC)\ninvestors of a class action on behalf of investors that bought securities\nbetween November 24, 2025 and September 16, 2026, inclusive (the “Class\nPeriod”). Fluence investors have until November 30, 2026 to file a lead\nplaintiff motion.\n\nInvestors are encouraged to contact attorney Lesley F. Portnoy\n(https://www.globenewswire.com/Tracker?data=kN8wx45OtxrEOZsrrJYaTP4NYGyqxF-l_zBcEj7lsoZdSVt5oMeoLdcht3633srAITvf8jfIVfCudBhx7vZjfBkAIi-Xytjj01dBaePxj2WXMwgBaTu5NMNdeZaTzPh0), by\nphone 310-692-8883 or email\n(https://www.globenewswire.com/Tracker?data=P8uPLdh4V9v3lokT5yjMQa6MnAz1UXpQVOMfEnOK0L66vEZtKfJpDU2twjSiLHNo9AStwtUt9nAkZCKCK2paePOu6CVR-YqHZIWyivlCC3I=):\nlesley@portnoylaw.com, to discuss their legal rights, or join the case via\nhttps://portnoylaw.com/fluence-energy-inc. The Portnoy Law Firm can provide a\ncomplimentary case evaluation and discuss investors’ options for pursuing\nclaims to recover their losses.\n\nThe class action suit against Fluence Energy asserts that Defendants issued\nfalse and misleading statements and omitted critical facts across the Class\nPeriod, omitting that: (i) Fluence Energy's capacity to fulfill its order\nbacklog and realize the revenue supporting its fiscal 2026 outlook hinged on\nnew contract manufacturing plants, some of which remained unfinished,\nnon-operational, or incapable of manufacturing at the output levels assumed in\nthe projections; (ii) internal remedies intended to resolve production\nbottlenecks at contract manufacturing partners were failing to fix the issues,\nwhich continued to persist and spread into Fluence Energy's newer plants;\n(iii) consequently, a substantial share of the backlog touted by Defendants as\n\"securing\" or \"covering\" the firm's fiscal 2026 revenue projections was\nunlikely to be fulfilled or booked as revenue during fiscal 2026; and (iv) as\na result, Defendants' favorable representations regarding Fluence Energy's\noperational health, business model, and future outlook lacked a sound\nfoundation and were materially misleading.\n\nThe litigation further details that on February 4, 2026, Fluence Energy\npublished its Q1 2026 financial metrics, posting a GAAP gross profit margin of\nroughly 4.9%—a 6.5 percentage point drop compared to the previous\nyear—attributable to \"additional estimated costs on two projects.\" Prompted\nby this news, Fluence Energy's share price plummeted almost 35%.\n\nSubsequently, on August 5, 2026, the complaint notes that Fluence Energy\ndisclosed its Q3 2026 financial performance, revealing that total revenue of\n$649.8 million fell \"weaker than expected, primarily reflecting production\ndelays at new contract manufacturing facilities.\" The firm also recorded an\n\"[a]djusted gross profit margin of approximately 5.9%, compared to\napproximately 15.4% in the same quarter last year, primarily reflecting the\nimpact of delays to revenue.\" Fluence Energy concluded that it \"now expects\nthat $400.0 million in project deliveries will be delayed into fiscal 2027 due\nto production issues at a new international contract manufacturing facility\nand construction related delays that affected the completion and start-up of a\nnew U.S. contract manufacturing facility.\" Driven by these disclosures,\nFluence Energy stock tumbled over 7%.\n\nUltimately, on September 16, 2026, Fluence Energy released an interim guidance\nrevision, disclosing that it was slashing its full-year revenue forecast by\nroughly $0.6 billion down to $2.4 billion. The company additionally lowered\nits full-year adjusted EBITDA projection from negative $10 million down to\nnegative $200 million. Following this revision, Fluence Energy's share price\ndropped more than 15%.\n\nThe Portnoy Law Firm represents investors in pursuing claims caused by\ncorporate wrongdoing. The Firm’s founding partner has recovered over $5.5\nbillion for aggrieved investors. Attorney advertising. Prior results do not\nguarantee similar outcomes.\n\nLesley F. Portnoy, Esq.\nAdmitted CA, NY and TX Bar\nlesley@portnoylaw.com\n310-692-8883\nwww.portnoylaw.com\n\nAttorney Advertising\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/ea0dd9c0-6e41-4d5a-ad27-b277677af6df)\n\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNX7gbpns-20261005","title":"Portnoy Law Firm Announces Class Action on Behalf of Fluence Energy, Inc. Investors","author":"Globe Newswire","ticker":"FLNC","created":"2026-10-05T13:00:00.791Z","tickers":["FLNC"],"exchange":"NASDAQ","article_body":"LOS ANGELES, Oct. 05, 2026 (GLOBE NEWSWIRE) -- The Portnoy Law Firm\n(https://www.globenewswire.com/Tracker?data=uqATpqka1U-1RvOj8YTr7Z1dPA_SkQ99uYHkI-KCgAA0wlsFIsremnqyl8lLEqaZLYDDo7WdoCiJCoodnnCelxITK6O6m2Jx0xqZEhfQsaCPyiufsGS5nUcRfNyjBSlW)\nadvises Fluence Energy, Inc., (“Fluence” or the \"Company\") (NASDAQ: FLNC)\ninvestors of a class action on behalf of investors that bought securities\nbetween November 24, 2025 and September 16, 2026, inclusive (the “Class\nPeriod”). Fluence investors have until November 30, 2026 to file a lead\nplaintiff motion.\n\nInvestors are encouraged to contact attorney Lesley F. Portnoy\n(https://www.globenewswire.com/Tracker?data=kN8wx45OtxrEOZsrrJYaTP4NYGyqxF-l_zBcEj7lsoZdSVt5oMeoLdcht3633srAITvf8jfIVfCudBhx7vZjfBkAIi-Xytjj01dBaePxj2WXMwgBaTu5NMNdeZaTzPh0), by\nphone 310-692-8883 or email\n(https://www.globenewswire.com/Tracker?data=P8uPLdh4V9v3lokT5yjMQa6MnAz1UXpQVOMfEnOK0L66vEZtKfJpDU2twjSiLHNo9AStwtUt9nAkZCKCK2paePOu6CVR-YqHZIWyivlCC3I=):\nlesley@portnoylaw.com, to discuss their legal rights, or join the case via\nhttps://portnoylaw.com/fluence-energy-inc. The Portnoy Law Firm can provide a\ncomplimentary case evaluation and discuss investors’ options for pursuing\nclaims to recover their losses.\n\nThe class action suit against Fluence Energy asserts that Defendants issued\nfalse and misleading statements and omitted critical facts across the Class\nPeriod, omitting that: (i) Fluence Energy's capacity to fulfill its order\nbacklog and realize the revenue supporting its fiscal 2026 outlook hinged on\nnew contract manufacturing plants, some of which remained unfinished,\nnon-operational, or incapable of manufacturing at the output levels assumed in\nthe projections; (ii) internal remedies intended to resolve production\nbottlenecks at contract manufacturing partners were failing to fix the issues,\nwhich continued to persist and spread into Fluence Energy's newer plants;\n(iii) consequently, a substantial share of the backlog touted by Defendants as\n\"securing\" or \"covering\" the firm's fiscal 2026 revenue projections was\nunlikely to be fulfilled or booked as revenue during fiscal 2026; and (iv) as\na result, Defendants' favorable representations regarding Fluence Energy's\noperational health, business model, and future outlook lacked a sound\nfoundation and were materially misleading.\n\nThe litigation further details that on February 4, 2026, Fluence Energy\npublished its Q1 2026 financial metrics, posting a GAAP gross profit margin of\nroughly 4.9%—a 6.5 percentage point drop compared to the previous\nyear—attributable to \"additional estimated costs on two projects.\" Prompted\nby this news, Fluence Energy's share price plummeted almost 35%.\n\nSubsequently, on August 5, 2026, the complaint notes that Fluence Energy\ndisclosed its Q3 2026 financial performance, revealing that total revenue of\n$649.8 million fell \"weaker than expected, primarily reflecting production\ndelays at new contract manufacturing facilities.\" The firm also recorded an\n\"[a]djusted gross profit margin of approximately 5.9%, compared to\napproximately 15.4% in the same quarter last year, primarily reflecting the\nimpact of delays to revenue.\" Fluence Energy concluded that it \"now expects\nthat $400.0 million in project deliveries will be delayed into fiscal 2027 due\nto production issues at a new international contract manufacturing facility\nand construction related delays that affected the completion and start-up of a\nnew U.S. contract manufacturing facility.\" Driven by these disclosures,\nFluence Energy stock tumbled over 7%.\n\nUltimately, on September 16, 2026, Fluence Energy released an interim guidance\nrevision, disclosing that it was slashing its full-year revenue forecast by\nroughly $0.6 billion down to $2.4 billion. The company additionally lowered\nits full-year adjusted EBITDA projection from negative $10 million down to\nnegative $200 million. Following this revision, Fluence Energy's share price\ndropped more than 15%.\n\nThe Portnoy Law Firm represents investors in pursuing claims caused by\ncorporate wrongdoing. The Firm’s founding partner has recovered over $5.5\nbillion for aggrieved investors. Attorney advertising. Prior results do not\nguarantee similar outcomes.\n\nLesley F. Portnoy, Esq.\nAdmitted CA, NY and TX Bar\nlesley@portnoylaw.com\n310-692-8883\nwww.portnoylaw.com\n\nAttorney Advertising\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/ea0dd9c0-6e41-4d5a-ad27-b277677af6df)\n\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-10-05T13:00:01.837314014Z","server_sent_at_ms":1791205201837},"received_at":"2026-10-05T13:00:01.887Z","source_url":null},"analysis":{"id":"149163","press_release_id":"160606","analysis_json":{"industry":{"label":"Electrical Equipment","sector":"Industrials"},"redFlags":["recapped disclosures: FY26 revenue guidance cut ~$0.6B to $2.4B and adjusted EBITDA lowered to negative $200M","alleged persistent production bottlenecks at new contract manufacturing facilities","multiple sharp share-price declines (~35%, >7%, >15%) on prior adverse disclosures"],"eventType":"legal_litigation","narrative":"The Portnoy Law Firm announced a securities class action against Fluence Energy on behalf of investors who bought shares between November 24, 2025 and September 16, 2026, with a lead plaintiff deadline of November 30, 2026.\n\nThe complaint alleges Fluence misled investors about unfinished contract-manufacturing plants, culminating in a Q3 revenue miss of $649.8 million, $400 million of delayed project deliveries, and a full-year revenue guidance cut of roughly $0.6 billion to $2.4 billion.\n\nThis is a law-firm solicitation release, not new company disclosure, but it recaps materially adverse prior disclosures that drove share drops of ~35%, >7%, and >15% on successive events.","sentiment":"neutral","agentHooks":{"shouldPost":false,"suggestedAngle":"Plaintiff-firm class-action solicitation recapping previously disclosed Fluence guidance cuts -- suppress."},"keyFigures":{"revenue":"$649.8 million","guidance":"Full-year revenue cut by ~$0.6 billion to $2.4 billion; adjusted EBITDA lowered from negative $10 million to negative $200 million","customDimensions":{"class_period_end":"2026-09-16","class_period_start":"2025-11-24","q1_2026_gross_margin":"4.9%","lead_plaintiff_deadline":"2026-11-30","delayed_project_deliveries":"$400.0 million","q3_2026_adjusted_gross_margin":"5.9%"}},"namedEntities":{"people":[{"name":"Lesley F. Portnoy","role":"attorney / founding partner, Portnoy Law Firm"}],"products":[],"companies":[{"name":"Fluence Energy, Inc.","ticker":"FLNC","relationship":"class-action defendant / named issuer"},{"name":"Portnoy Law Firm","relationship":"plaintiff law firm"}],"dollarAmounts":[{"amount":"$649.8 million","context":"Q3 2026 revenue"},{"amount":"$400.0 million","context":"project deliveries delayed into fiscal 2027"},{"amount":"$2.4 billion","context":"revised full-year revenue forecast"},{"amount":"$0.6 billion","context":"revenue guidance cut"},{"amount":"negative $200 million","context":"revised full-year adjusted EBITDA projection"},{"amount":"$5.5 billion","context":"recoveries attributed to the firm's founding partner"}]},"materialImpact":{"score":2,"reasoning":"Plaintiff law-firm class-action solicitation issued by the Portnoy Law Firm, not an issuer disclosure. Scored 2 rather than 1 only because the complaint recites genuinely adverse company facts (guidance slashed ~$0.6B, EBITDA cut to -$200M, multiple >15% single-day drops) that were previously disclosed."},"tickerRelevance":{"others":[],"primary":"FLNC"},"globalImportance":18,"audienceRelevance":15,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"mid-cap","eventGravity":"law-firm-solicitation","issuerAuthored":false,"recappedAdverseFacts":true}},"event_type":"legal_litigation","event_type_secondary":null,"sentiment":"neutral","material_impact_score":2,"narrative":"The Portnoy Law Firm announced a securities class action against Fluence Energy on behalf of investors who bought shares between November 24, 2025 and September 16, 2026, with a lead plaintiff deadline of November 30, 2026.\n\nThe complaint alleges Fluence misled investors about unfinished contract-manufacturing plants, culminating in a Q3 revenue miss of $649.8 million, $400 million of delayed project deliveries, and a full-year revenue guidance cut of roughly $0.6 billion to $2.4 billion.\n\nThis is a law-firm solicitation release, not new company disclosure, but it recaps materially adverse prior disclosures that drove share drops of ~35%, >7%, and >15% on successive events.","key_figures":{"revenue":"$649.8 million","guidance":"Full-year revenue cut by ~$0.6 billion to $2.4 billion; adjusted EBITDA lowered from negative $10 million to negative $200 million","customDimensions":{"class_period_end":"2026-09-16","class_period_start":"2025-11-24","q1_2026_gross_margin":"4.9%","lead_plaintiff_deadline":"2026-11-30","delayed_project_deliveries":"$400.0 million","q3_2026_adjusted_gross_margin":"5.9%"}},"named_entities":{"people":[{"name":"Lesley F. Portnoy","role":"attorney / founding partner, Portnoy Law Firm"}],"products":[],"companies":[{"name":"Fluence Energy, Inc.","ticker":"FLNC","relationship":"class-action defendant / named issuer"},{"name":"Portnoy Law Firm","relationship":"plaintiff law firm"}],"dollarAmounts":[{"amount":"$649.8 million","context":"Q3 2026 revenue"},{"amount":"$400.0 million","context":"project deliveries delayed into fiscal 2027"},{"amount":"$2.4 billion","context":"revised full-year revenue forecast"},{"amount":"$0.6 billion","context":"revenue guidance cut"},{"amount":"negative $200 million","context":"revised full-year adjusted EBITDA projection"},{"amount":"$5.5 billion","context":"recoveries attributed to the firm's founding partner"}]},"model_name":"glm-5.3-flashx","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-10-05T13:00:09.012Z","global_importance":18,"audience_relevance":15,"importance_components":{"tickerTier":"mid-cap","eventGravity":"law-firm-solicitation","issuerAuthored":false,"recappedAdverseFacts":true}},"durationMs":7100,"modelName":"glm-5.3-flashx"}}