SAN DIEGO, June 27, 2024 (GLOBE NEWSWIRE) -- The Law Office of Johnson Fistel, LLP, continues to investigate the following companies for potential securities fraud on behalf of shareholders affected by the recent stock drop.
Investors who incurred losses in their investments please contact Jim Baker (jimb@johnsonfistel.com) by email or phone at 619-814-4471. If emailing, please include a phone number.
Fluence Energy, Inc. (NASDAQ:FLNC)
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On February 22, 2024, Blue Orca Capital issued a report outlining the firm's concerns with Fluence Energy. The report states Siemens, the U.S. affiliate of the Company's largest shareholder and corporate parent, has filed a lawsuit accusing the Company of "a laundry list of embarrassing and costly engineering and design failures, false representations, and most notably fraud."
Methode Electronics, Inc. (NYSE:MEI)
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On July 14, 2023, Methode announced that its Chief Operating Officer, Joseph Khoury, had been placed on leave and that his "powers, authority and duties . . . were suspended."
Then, ...