Investors Alert: Class Action Lawsuit Filed Against Flux Power Holdings, Inc.

Schall Law Firm Informs Shareholders of Potential Securities Violations

The Schall Law Firm, which focuses on shareholder rights litigation, has announced a class action lawsuit against Flux Power Holdings, Inc. (“Flux Power” or “the Company”) FLUX. The lawsuit claims the Company violated §§10(b) and 20(a) of the Securities Exchange Act of 1934 along with Rule 10b-5 as outlined by the U.S. Securities and Exchange Commission.

Investors who acquired the Company’s securities between November 11, 2022, and September 30, 2024 (the “Class Period”) are urged to reach out to the firm prior to December 31, 2024.

If you are a shareholder who has incurred a loss, click here to participate.

For further information, you may contact Brian Schall at the Schall Law Firm located at 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, or call 310-301-3335. You can also visit the firm’s website at www.schallfirm.com or email bschall@schallfirm.com for inquiries.

It is important to note that the class action has not yet been certified. Until that happens, you are not represented by an attorney. If you decide to take no action, you will remain an absent class member.

The Complaint alleges that Flux Power made false and misleading statements, including exaggerating its inventory, gross profits, and total assets from November 10, 2022, to the present. The Company allegedly understated its net loss and cost of sales, which will require revisions to its earnings for the impacted periods. Consequently, the Company’s public statements were misrepresentative throughout the class period, leading to investor losses once the truth emerged.

Join the case to seek recovery of your losses.

The Schall Law Firm advocates for investors globally, with a specialization in securities class action lawsuits and shareholder rights.

This press release may be viewed as Attorney Advertising in certain jurisdictions under applicable laws and ethical guidelines.

View source version on businesswire.com: https://www.businesswire.com/news/home/20241231598007/en/