Published [hour]:[minute] [AMPM] [timezone], [monthFull] [day], [year]
NEW YORK–(BUSINESS WIRE)–Jul 31, 2026–
The law firm of Kirby McInerney LLP announces that a class action lawsuit has been filed on behalf of investors who acquired Bloom Energy Corporation (“Bloom Energy” or the “Company”) (NYSE: BE) common stock between February 27, 2025 and July 8, 2026, inclusive (“the Class Period”).
If you suffered a loss on your Bloom Energy investments, you have until September 28, 2026 to request lead plaintiff appointment. Courts do not consider lead plaintiff applications submitted after this deadline. If you choose to take no action, you may remain an absent class member. For more information about the lawsuit:
[ CONTACT THE FIRM IF YOU SUFFERED A LOSS ]
What Is This Lawsuit About? The lawsuit alleges that Bloom Energy made materially false and/or misleading statements, as well as failed to disclose that: (i) Bloom Energy obtained scandium through intermediaries who sourced the metal from China; and (ii) as a result, the Company understated the extent to which it relied on scandium from China.
On July 8, 2026, short-seller Hunterbrook Media published a report entitled “Bloom’s Big Lie,” which alleged that “Bloom is, in fact, reliant on Chinese scandium.” The report claimed that “Hunterbrook traced four separate China-linked routes into Bloom’s supply chain—scandium oxide shipped directly to its Delaware plant, plus scandium-bearing ceramics and powders flowing through intermediaries in Thailand, Japan, and South Korea.” On this news, Bloom Energy’s stock price fell $15.28, or 5.7%, to close at $254.29 per share on July 8, 2026.
The Company had previously stated that it did not have significant supply chain disclosure in China and that it was not dependent on China for scandium.
[ LEARN MORE ABOUT THE LAWSUIT ]
The Lead Plaintiff Appointment Process. The federal securities laws permit any investor who acquired eligible securities during the class period to seek appointment as lead plaintiff in a class action lawsuit. Learn more about the lead plaintiff process and eligibility requirements here. Courts typically appoint the investor(s) with the largest financial loss in the case and the ability to represent the class rather than investors with simply the largest investment portfolio. Courts regularly appoint individual investors, whether acting alone or as a group, as lead plaintiffs. The rights of any investor who bought shares during the class period are generally already protected. However, lead plaintiffs have the power to influence case strategy and have a say in settlement decisions, as well as decisions concerning allocation of settlement funds among class members.
[ LEARN MORE ABOUT THE LEAD PLAINTIFF PROCESS ]
What Should I Do? If you purchased or otherwise acquired Bloom Energy securities, have information, or would like to learn more about this investigation, please contact Lauren Molinaro of Kirby McInerney LLP by email at [email protected], or fill out the contact form below, to discuss your rights or interests with respect to these matters at no cost.
Kirby McInerney LLP is a New York-based plaintiffs’ law firm concentrating in securities, antitrust, whistleblower, and consumer litigation. The firm’s efforts on behalf of shareholders in securities litigation have resulted in recoveries totaling billions of dollars. Additional information about the firm can be found at Kirby McInerney LLP’s website.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
View source version on businesswire.com:https://www.businesswire.com/news/home/20260731824772/en/
CONTACT: Kirby McInerney LLP
Lauren Molinaro, Esq.
212-699-1171
https://www.kmllp.com
KEYWORD: NEW YORK UNITED STATES NORTH AMERICA
INDUSTRY KEYWORD: CLASS ACTION LAWSUIT PROFESSIONAL SERVICES LEGAL
SOURCE: Kirby McInerney LLP
Copyright Business Wire 2026.
PUB: 07/31/2026 06:58 PM/DISC: 07/31/2026 06:58 PM
http://www.businesswire.com/news/home/20260731824772/en
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