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New York, New York–(Newsfile Corp. – December 29, 2024) – WHY: Rosen Law Firm, a global investment law firm, reminds clients of Flux Power Holdings, Inc.’s awards. (NASDAQ: FLUX) between November 11, 2022 and September 30, 2024, both dates inclusive (“Class Period”), the relevant December 31, 2024 is the time to lead the plaintiff in the securities class action previously filed by the Firm.
NOW: If you have purchased Flux Power securities during the Group period you may be entitled to compensation out of pocket or expenses through a contingency fee arrangement.
WHAT YOU NEED TO DO: To join the Flux Power class action, go to https://rosenlegal.com/submit-form/?case_id=28783 or call Phillip Kim, Esq. toll free at 866-767-3653 or email case@rosenlegal.com for information about a class action. A class action lawsuit has been filed. If you wish to act as the lead plaintiff, you must remove the Court before December 31, 2024. The lead plaintiff is the party representing the other members of the class to conduct the case.
WHY ROSEN LAW: We encourage investors to select qualified advisors with a track record of success in leadership roles. Oftentimes, the companies that issue the notices don’t have the experience, the resources, or any meaningful peer recognition. Most of these firms do not litigate securities class actions, but are simply brokers who refer clients or partner with law firms that litigate the cases. Be smart when choosing advice. The Rosen Law Firm represents investors worldwide, focusing its practice on securities class action and shareholder litigation. The Rosen Law Firm has reached the largest settlement of a class action against a Chinese Company at that time. Rosen Law Firm is ranked No. 1 by ISS Securities Group Action (WA:) Securities ranking services in 2017. The firm has been ranked 4th every year since 2013 and has earned 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. Most of the firm’s lawyers are recognized by Lawdragon and Super Lawyers.
FACTS OF THE CASE: According to the lawsuit, the defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Flux Power’s financial statements from November 10, 2022 to the present include, among others, inventory, gross profit, current assets, and total assets; (2) Flux Power reduced its cost of sales and net loss; (3) as a result, Flux Power will need to restate its previously filed financial statements from November 10, 2022 to the present; (4) Flux Power downplayed the weaknesses of internal controls or claimed that it had adequate internal controls when in fact it did not; and (5) as a result, the defendants’ statements about its business, operations, and prospects were false and misleading and/or had no reasonable basis at all relevant times. When the real facts entered the market, the lawsuit alleges that investors were harmed.
To join the Flux Power class action, go to https://rosenlegal.com/submit-form/?case_id=28783 call Phillip Kim, Esq. toll free at 866-767-3653 or email case@rosenlegal.com for information about a class action.
No Group Guaranteed. Until the group is confirmed, you are not represented by a counselor unless you have reserved one. You can choose a consultant of your choice. You can remain a member of the missing group and do nothing at this point. The investor’s ability to contribute to future recovery does not depend on serving as the lead plaintiff.
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Advertising Attorney. Preliminary results do not guarantee a similar outcome.
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