Thursday, 17 September 2026 06:00 PM
Class Action
NEW YORK, NY / ACCESS Newswire / September 17, 2026 / The law firm of Kirby McInerney LLP reminds Bloom Energy Corporation ("Bloom Energy" or the "Company") (NYSE:BE) investors who acquired Bloom Energy securities between February 27, 2025 and July 8, 2026, inclusive ("the Class Period") of the September 28, 2026 deadline to seek lead plaintiff appointment in the pending class action lawsuit.
Investors are encouraged to 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 in the securities fraud class action lawsuit at no cost.
[CONTACT THE FIRM IF YOU SUFFERED A LOSS]
What Is The 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.
[CLICK HERE TO LEARN MORE ABOUT THE CLASS ACTION]
What Should I Do?
Courts do not consider applications filed after the lead plaintiff deadline. The lead plaintiff oversees the litigation on behalf of the class and may influence key decisions, including litigation strategy and settlement. Courts regularly appoint individual investors as lead plaintiffs, not only institutions. Learn more about the lead plaintiff process and eligibility requirements here.
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 above, to discuss your rights or interests with respect to these matters at no cost.
[WHAT SHOULD I KNOW ABOUT SECURITIES CLASS ACTIONS?]
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.
Contacts
Kirby McInerney LLP
Lauren Molinaro, Esq.
212-699-1171
https://www.kmllp.com
https://securitiesleadplaintiff.com/
[email protected]
SOURCE: Kirby McInerney LLP