Flux Power Holdings Settlement Receives Preliminary Approval

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2025.12.12 22:54
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Flux Power Holdings received preliminary approval for a settlement involving claims against its officers and directors. The settlement includes corporate governance reforms and a financial arrangement of $425,000, with insurers funding $187,000. A final approval hearing is set for April 2, 2026. Analysts rate FLUX stock as Hold with a $1.50 target, citing weak financial performance and valuation concerns despite strategic initiatives.