Investors Urged to Join Class Action Against Flux Power Holdings Over Securities Fraud
BENSALEM, Pa., Dec. 3, 2024 /PRNewswire/ — The Law Offices of Howard G. Smith have announced a chance for investors who suffered significant losses to lead a class action lawsuit against Flux Power Holdings, Inc. (“Flux Power” or the “Company”) FLUX.
Details of the Class Action Opportunity
Class Period: November 11, 2022 – September 30, 2024
Lead Plaintiff Deadline: December 31, 2024
Call to Action for Impacted Investors
Investors who lost money on their Flux Power investments should reach out to the Law Offices of Howard G. Smith. They can discuss their rights to participate in this class action by calling 215-638-4847 or emailing howardsmith@howardsmithlaw.com.
Allegations Against Flux Power
The complaint claims that during the Class Period, Flux Power’s leaders did not disclose vital information to investors. Allegations include: (1) False financial statements showing inflated inventory and assets, (2) Underreported costs and net losses, (3) A need to restate prior financial reports, (4) Misleading statements about financial controls, and (5) Misrepresentation of the Company’s operations and future prospects.
How to Get Involved in the Class Action
To join the class action, no immediate action is necessary. Investors can choose to have their own lawyer or remain uninvolved but still part of the class. For more information about the lawsuit or questions concerning their rights, investors can contact Howard G. Smith, Esquire at the Law Offices of Howard G. Smith, located at 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020. They can also call (215) 638-4847 or email howardsmith@howardsmithlaw.com, or visit www.howardsmithlaw.com for further details.
Legal Notice
This press release may be regarded as Attorney Advertising in some areas under current legal standards and ethics.
Contact Information
Law Offices of Howard G. Smith
Howard G. Smith, Esquire
215-638-4847
howardsmith@howardsmithlaw.com
www.howardsmithlaw.com
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SOURCE Law Offices of Howard G. Smith
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