Investors Alerted to Class Action Against Flux Power Holdings, Inc.

LOS ANGELES, Dec. 23, 2024 /PRNewswire/ — The Schall Law Firm, a national shareholder rights litigation firm, has announced a class action lawsuit against Flux Power Holdings, Inc. (“Flux Power” or “the Company”) FLUX for alleged violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 as set forth by the U.S. Securities and Exchange Commission.

Who is Affected?

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

How to Participate

Shareholders who may have experienced a loss are invited to click here to join the case.

Additionally, contact Brian Schall at the Schall Law Firm, located at 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, by calling 310-301-3335. For more details, visit our website at www.schallfirm.com or email us at bschall@schallfirm.com.

Note, the class has not yet been certified. Until this certification, you are not officially represented by an attorney. If you decide not to participate, you will remain an absent class member.

Allegations Against Flux Power

The Complaint states that the Company made false and misleading statements. Specifically, Flux Power inflated its inventory, gross profits, and total assets on financial statements from November 10, 2022, until now. It also reported a lower net loss than actual expenses. These misstatements will require the Company to restate its earnings for the impacted periods, leading to misleading public representations throughout the class period. Once the truth emerged, investors faced significant losses.

Take Action

Investors are encouraged to join the lawsuit to seek compensation for their losses.

The Schall Law Firm has a global reputation for repesenting investors and focuses on securities class action lawsuits and shareholder rights litigation.

This announcement may be viewed as Attorney Advertising in certain jurisdictions according to applicable laws and ethical guidelines.

CONTACT:

The Schall Law Firm
Brian Schall, Esq.,
www.schallfirm.com

Office: 310-301-3335

info@schallfirm.com

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SOURCE The Schall Law Firm