Fluence Energy (FLNC) Facing Securities Class Action Amid Inability to Ramp Houston Facility – Hagens Berman
Fluence Energy faces a securities class action lawsuit after the company failed to disclose production issues at its Houston manufacturing facility, leading to $400 million in delayed project deliveries and a 73% stock decline between February and September 2026. CEO Julian Nebreda and CFO Ahmad Pasha departed on October 30, 2026, following the company's inability to execute automated welding processes and subsequent revenue guidance cuts.