Siemens Energy
Investors that purchased the Company’s securities and have suffered a loss, please fill in transaction information below, or email to info@portnoylaw.com.
There is no cost or obligation associated with submitting your information. If you are a shareholder who suffered a loss, please submit your contact information and purchase information to participate in the putative class action.
We also encourage you to contact Lesley F. Portnoy of The Portnoy Law Firm, at 310.692.8883, to discuss your rights free of charge. You can also reach us through the firm’s website at www.portnoylaw.com, or by email at info@portnoylaw.com.
If you choose to take no action, you can remain an absent class member.
Joining the case through the Portnoy Law website enables investors to learn about their legal claims and take an active role in recovering their losses.
The Portnoy Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
CONTACT:
Portnoy Law Firm
Lesley F. Portnoy, Esq.,
www.portnoylaw.com
Office: 310.692.8883
1800 Century Park East, Suite 600
Los Angeles, CA 90067
info@portnoylaw.com
The investigation centers around whether the Company provided inaccurate or deceptive statements and/or neglected to reveal important information that would impact investors. On June 22, 2023, Siemens Energy made public that it had uncovered a significant rise in failure rates of wind turbine components and had taken steps to conduct a comprehensive technical assessment in response. This technical review is projected to incur a cost of 1 billion euros, causing the Company to retract its profit guidance for fiscal year 2023. As a result of this announcement, Siemens Energy shares experienced a 27% decline on the following day.
