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Stock impact report

FLUX Investors Have Opportunity to Lead Flux Power Holdings, Inc. Securities Fraud Lawsuit

Flux Power Holdings, Inc. (FLUX) 
NASDAQ:AMEX Investor Relations: fluxpwr.com/investors
Company Research Source: PR Newswire
LOS ANGELES, Dec. 18, 2024 /PRNewswire/ -- The Law Offices of Frank R. Cruz announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Flux Power Holdings, Inc. ("Flux Power" or the "Company") (NASDAQ: FLUX).Class Period: November 11, 2022 – September 30, 2024Lead Plaintiff Deadline: December 31, 2024If you are a shareholder who suffered a loss, click here to participate.The complaint filed alleges that, throughout the Class Period, Defendants failed to disclose to investors that: (1) Flux Power's financial statements from November 10, 2022 to the present included, among other things, overstated inventory, gross profit current assets, and total assets; (2) Flux understated cost of sales, net loss; (3) as a result, Flux Power would need to restate its previously filed financial statements from November 10, 2022 to the present; (4) Flux Power understated internal control weaknesses or stated that it had adequate internal c Show less Read more
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