Court Provisions Settlement Approval in Flux Power Holdings Derivative Lawsuit

Reuters

2025/12/18

Court Provisions Settlement Approval in <a href="https://laohu8.com/S/FLUX">Flux Power</a> Holdings Derivative Lawsuit

Flux Power Holdings Inc. has announced that the United States District Court for the Southern District of California has provisionally approved the settlement of a shareholder derivative litigation. The case, brought on behalf of Flux Power by a shareholder, alleged that certain officers and directors breached their fiduciary duties by making false or misleading statements and failing to disclose information related to the company’s financial statements from November 2022 onward. The settlement resolves all shareholder derivative claims against the company’s leadership. Current Flux Power shareholders as of August 12, 2025, will be bound by the final approval of the settlement by the court. Hyperlinks to the full notice and settlement stipulation are available in the investor relations section of the company’s website.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Flux Power Holdings Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 9602194) on December 18, 2025, and is solely responsible for the information contained therein.

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The case, brought on behalf of Flux Power by a shareholder, alleged that certain officers and directors breached their fiduciary duties by making false or misleading statements and failing to disclose information related to the company’s financial statements from November 2022 onward. The settlement resolves all shareholder derivative claims against the company’s leadership. Current Flux Power shareholders as of August 12, 2025, will be bound by the final approval of the settlement by the court. Hyperlinks to the full notice and settlement stipulation are available in the investor relations section of the company’s website.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<i>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Flux Power Holdings Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 9602194) on December 18, 2025, and is solely responsible for the information contained therein.</span></i>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IE00B3QW5Z07.USD","symbol_name":"GUINNESS GLOBAL MONEY MANAGERS \"C\" (USD) ACC","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251218:nNDL6sDKSX:1","article_id":"2592901250","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2592901250","pubTimestamp":1766066528,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Flux Power Holdings Inc. has announced that the United States District Court for the Southern District of California has provisionally approved the settlement of a shareholder derivative litigation. The case, brought on behalf of Flux Power by a shareholder, alleged that certain officers and directors breached their fiduciary duties by making false or misleading statements and failing to disclose information related to the company’s financial statements from November 2022 onward. The settlement resolves all shareholder derivative claims against the company’s leadership. Current Flux Power shareholders as of August 12, 2025, will be bound by the final approval of the settlement by the court. Hyperlinks to the full notice and settlement stipulation are available in the investor relations section of the company’s website.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. 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The case, brought on behalf of Flux Power by a shareholder, alleged that certain officers and directors breached their fiduciary duties by making false or misleading statements and failing to disclose information related to the company’s financial statements from November 2022 onward. The settlement resolves all shareholder derivative claims against the company’s leadership. Current Flux Power shareholders as of August 12, 2025, will be bound by the final approval of the settlement by the court. Hyperlinks to the full notice and settlement stipulation are available in the investor relations section of the company’s website.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 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