FLUX POWER ALERT: Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against Flux Power Holdings, Inc. and Encourages Investors to Contact the Firm
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A class action lawsuit has been filed against Flux Power Holdings, Inc. by Bragar Eagel & Squire, P.C. The lawsuit is on behalf of investors who acquired Flux Power securities between November 11, 2022, and September 30, 2024. Investors have until December 31, 2024, to apply as lead plaintiffs.
December 05, 2024 | 2:15 am
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NEGATIVE IMPACT
Flux Power Holdings is facing a class action lawsuit filed by Bragar Eagel & Squire, P.C. This legal action could negatively impact the company's stock price in the short term as it may lead to investor uncertainty and potential financial liabilities.
The announcement of a class action lawsuit typically leads to negative sentiment among investors, as it introduces legal risks and potential financial liabilities. This can result in a decline in stock price due to increased uncertainty and potential costs associated with the lawsuit.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100