Press Release Summary: Securities Class Action Filed Against Bloom Energy Corporation
Location & Date: San Diego, Sept. 18, 2026
Source: Robbins LLP
Robbins LLP has filed a securities class action on behalf of investors who purchased Bloom Energy Corporation (NYSE: BE) securities from February 27, 2025, to July 8, 2026. The lawsuit claims Bloom Energy misled investors about its reliance on Chinese-sourced scandium, a key material for their fuel cell systems.
Key Points:
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Lawsuit Allegations:
- Bloom Energy claimed its supply chain was not dependent on China but failed to disclose their reliance on Chinese scandium.
- Misrepresentations led to significant losses for investors following the publication of a report titled “Bloom’s Big Lie.”
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Stock Impact:
- Following the report’s release, Bloom’s stock price dropped by $15.28 (5.7%), closing at $254.29 per share on July 8, 2026.
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Lead Plaintiff Information:
- The deadline for seeking lead plaintiff status is September 28, 2026. Investors can still recover even if they are not the lead plaintiff.
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Cost of Participation:
- No fees to participate; Robbins LLP operates on a contingency fee basis.
Why Choose Robbins LLP?
Robbins LLP is noted for recovering over $1 billion for shareholders and is committed to corporate governance and transparency.
For More Information:
Investors can seek additional information or submit inquiries through Robbins LLP’s website.
Note: The content provided is intended for informational purposes and should not be construed as legal advice.
