{"success":true,"data":{"pressRelease":{"id":"122313","rtpr_id":"nPnbyb17Ta","ticker":"BE","exchange":"NYSE","all_tickers":["BE"],"title":"BE Class Action: Robbins LLP Reminds Bloom Energy Corporation Investors They May Be Eligible to Lead the Class Action Against the Company","author":"PR Newswire","published_at":"2026-08-19T03:03:00.034Z","article_body":"BE Class Action: Robbins LLP Reminds Bloom Energy Corporation Investors They May Be Eligible to Lead the Class Action Against the Company\n\nPR Newswire\n\nSAN DIEGO, Aug. 18, 2026\n\nSAN DIEGO, Aug. 18, 2026 /PRNewswire/ -- Robbins LLP\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4755307-1&h=1849735423&u=https%3A%2F%2Frobbinsllp.com%2Fbloom-energy-class-action-lawsuit%2F&a=Robbins+LLP)\n reminds investors that a securities class action has been filed on behalf of\nall persons and entities that purchased or otherwise acquired Bloom Energy\nCorporation (NYSE: BE) securities between February 27, 2025 and July 8, 2026\n(the \"Class Period\"). Bloom Energy designs, manufactures, sells, and installs\nsolid oxide fuel cell systems for on-site power generation in the United\nStates and internationally. Scandium is a rare earth metal used as a dopant to\nstabilize the zirconia-based ceramic electrolyte in the Company's solid oxide\nfuel cells.\n\nThe lawsuit alleges that Bloom Energy misled investors regarding the source of\nits materials.\n\nInvestors who suffered losses during the Class Period may have legal rights.\nThe deadline to seek appointment as lead plaintiff is September 28, 2026.\n\nListen to our podcast\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4755307-1&h=1324092353&u=https%3A%2F%2Fwww.youtube.com%2Fwatch%3Fv%3DkgCe0ty9nGg&a=podcast)\n.\n\nWhy Was Bloom Energy Sued?\n\nAccording to the complaint, Bloom Energy described the Company's supply chain\nas not being dependent on China. The lawsuit alleges that Bloom Energy and\ncertain defendants failed to adequately disclose that the Company was in fact\nreliant on Chinese scandium.\n\nAccording to plaintiff, defendants failed to disclose that:\n\n(1) Bloom Energy obtained scandium through intermediaries who sourced the\nmetal from China;\n\n(2) the Company understated the extent to which it relied on scandium from\nChina; and\n\n(3) as a result, defendants' positive statements about the Company's business,\noperations, and prospects were materially misleading and/or lacked a\nreasonable basis.\n\nWhat Did Bloom Energy Say About its Reliance on China\n\nThe complaint alleges that several times during the class period, defendants\nreiterated that Bloom Energy was not reliant on China. Specifically:\n\nFebruary 27, 2025 – Bloom Energy stated in its annual report for the fiscal\nyear ended December 31, 2024 on a Form 10-K filed with the SEC that the\nCompany's \"supply chain does not have significant exposure to China.\"\n\nApril 30, 2025 – on an earnings call in connection with the Company's first\nquarter 2025 financial results, defendant Sridhar stated that \"there is no\nChina supply chain for us\" and \"we are not dependent on China for scandium.\"\n\nJuly 31, 2025 – Bloom Energy stated in its quarterly report for the period\nended June 30, 2025 on a Form 10-Q filed with the SEC that the Company's\n\"supply chain does not have significant exposure to China.\"\n\nSeptember 12, 2025 – Media outlet Semafor published an article containing\nan interview with defendant Sridhar in which Sridhar alleged \"Starting in\n2004, we said we are not going to depend on a Chinese supply chain. If we\nbelieve in energy abundance for all, there cannot be a single source to\nstrangle you.\"\n\nOctober 28, 2025 – Bloom Energy stated in its quarterly report for the\nperiod ended September 30, 2025 on a Form 10-Q filed with the SEC that the\nCompany's \"supply chain does not have significant exposure to China.\"\n\nFebruary 5, 2026 – Bloom Energy stated in its annual report for the fiscal\nyear ended December 31, 2025 on a Form 10-K filed with the SEC that\nCompany's \"supply chain does not have significant exposure to China\" and\npurported to assured investors China merely \"supplies multiple components\nincluding rare earth metals and compounds used in electronic and\nelectromechanical components that are part of our tier 2 and tier 3\nsub-assembly suppliers.\"\n\nJune 10, 2026 – The Wall Street Journal published a video interview with\ndefendant Sridhar in which Sridhar confirmed that one of the notable countries\nBloom Energy is not sourcing from is China. Sridhar explained that \"early on\nin the company we made a decision that we are only going to depend on supply\nchains that we can completely trust and that [China] was a country we\navoided.\"\n\nJuly 7, 2026 – Bloom Energy published a blog post authored by its COO in\nwhich they discussed the resiliency of Bloom Energy's supply chain and noted\nthat the Company sources scandium from multiple sources.\n\n Why Did BE Stock Collapse?\n\nThis complaint alleges that the collapse of Bloom Energy's stock followed the\npublication of an article by Hunterbrook Media entitled \"Bloom's Big Lie.\" The\nReport alleged that Bloom Energy is \"in fact, reliant on Chinese scandium.\"\n\nHunterbrook \"found four separate trade routes that appear to show Chinese\nscandium is still part of Bloom's supply chain, and the material is reaching\nthe U.S. through intermediary countries.\" Based on conversations with a major\nscandium producer in China (who claimed to be Bloom Energy's largest supplier)\nand commercially available trade data, the Report claimed that Bloom Energy\nreceived scandium directly from China on 4 occasions between August 2023 and\nMay 2024.\"\n\nOn this news, Bloom's stock price fell $15.28, or 5.7%, to close at $254.29\nper share on July 8, 2026.\n\nWho May Be Eligible?\n\nThe lawsuit seeks to represent investors who purchased or otherwise acquired\nBloom Energy Corporation (BE) securities during the applicable Class Period.\nIf you purchased Bloom Energy stock during this period and suffered investment\nlosses, you may have rights under the federal securities laws.\n\nWhat Is a Lead Plaintiff?\n\nThe lead plaintiff is the investor appointed by the court to represent the\ninterests of the proposed class throughout the litigation. Investors do not\nhave to serve as lead plaintiff to potentially share in any recovery if the\nlawsuit is successful.\n\nIf you are interested in seeking appointment as lead plaintiff, you must\nsubmit your papers with the court by September 28, 2026.\n\nDoes it Cost Anything to Participate?\n\nNo. Robbins LLP represents investors on a contingency fee basis. Investors\nnever pay attorneys' fees or litigation expenses. If there is a recovery,\ndefendants pay fees and expenses.\n\nContact Robbins LLP\n\nInvestors seeking additional information about the Bloom Energy securities\nclass action may submit an inquiry\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4755307-1&h=1786490444&u=https%3A%2F%2Frobbinsllp.com%2Fbloom-energy-class-action-lawsuit%2F&a=submit+an+inquiry)\n through Robbins LLP's website, email (mailto:adumas@robbinsllp.com)\n attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003.\n\nAbout Robbins LLP\n\nA recognized leader in shareholder rights litigation, Robbins LLP\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4755307-1&h=167216340&u=https%3A%2F%2Frobbinsllp.com%2F&a=Robbins+LLP)\n has helped restore more than $1 billion in value to shareholders and secured\nsome of the largest recoveries in shareholder derivative litigation history.\n\n\"Behind everything we do is the belief that companies should be governed\nresponsibly, fiduciaries should be held accountable, and shareholders deserve\ntransparency and fairness,\" said Brian J. Robbins, Founding Partner of Robbins\nLLP.\n\nTo be notified if a class action against Bloom Energy Corporation settles or\nto receive free alerts when corporate executives engage in wrongdoing, sign up\nfor Stock Watch\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4755307-1&h=2934828650&u=https%3A%2F%2Frobbinsllp.com%2Fstock-watch%2F&a=Stock+Watch)\n today.\n\nAttorney Advertising.  Past results do not guarantee a similar outcome.\n\nView original content to download\nmultimedia:https://www.prnewswire.com/news-releases/be-class-action-robbins-llp-reminds-bloom-energy-corporation-investors-they-may-be-eligible-to-lead-the-class-action-against-the-company-302854617.html\n(https://www.prnewswire.com/news-releases/be-class-action-robbins-llp-reminds-bloom-energy-corporation-investors-they-may-be-eligible-to-lead-the-class-action-against-the-company-302854617.html)\n\nSOURCE Robbins LLP\n\n\n\nAaron Dumas, Jr., Robbins LLP, 5060 Shoreham Pl., Ste. 300, San Diego, CA 92122, adumas@robbinsllp.com, (800) 350-6003, www.robbinsllp.com\n\nPhoto: \nhttps://mmx.prnewswire.com/media/MS559099/Robbins-LLP-Logo.jpg?id=OA2895650\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved.","article_body_html":"","raw_payload":{"data":{"id":"nPnbyb17Ta","title":"BE Class Action: Robbins LLP Reminds Bloom Energy Corporation Investors They May Be Eligible to Lead the Class Action Against the Company","author":"PR Newswire","ticker":"BE","created":"2026-08-19T03:03:00.034Z","tickers":["BE"],"exchange":"NYSE","article_body":"BE Class Action: Robbins LLP Reminds Bloom Energy Corporation Investors They May Be Eligible to Lead the Class Action Against the Company\n\nPR Newswire\n\nSAN DIEGO, Aug. 18, 2026\n\nSAN DIEGO, Aug. 18, 2026 /PRNewswire/ -- Robbins LLP\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4755307-1&h=1849735423&u=https%3A%2F%2Frobbinsllp.com%2Fbloom-energy-class-action-lawsuit%2F&a=Robbins+LLP)\n reminds investors that a securities class action has been filed on behalf of\nall persons and entities that purchased or otherwise acquired Bloom Energy\nCorporation (NYSE: BE) securities between February 27, 2025 and July 8, 2026\n(the \"Class Period\"). Bloom Energy designs, manufactures, sells, and installs\nsolid oxide fuel cell systems for on-site power generation in the United\nStates and internationally. Scandium is a rare earth metal used as a dopant to\nstabilize the zirconia-based ceramic electrolyte in the Company's solid oxide\nfuel cells.\n\nThe lawsuit alleges that Bloom Energy misled investors regarding the source of\nits materials.\n\nInvestors who suffered losses during the Class Period may have legal rights.\nThe deadline to seek appointment as lead plaintiff is September 28, 2026.\n\nListen to our podcast\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4755307-1&h=1324092353&u=https%3A%2F%2Fwww.youtube.com%2Fwatch%3Fv%3DkgCe0ty9nGg&a=podcast)\n.\n\nWhy Was Bloom Energy Sued?\n\nAccording to the complaint, Bloom Energy described the Company's supply chain\nas not being dependent on China. The lawsuit alleges that Bloom Energy and\ncertain defendants failed to adequately disclose that the Company was in fact\nreliant on Chinese scandium.\n\nAccording to plaintiff, defendants failed to disclose that:\n\n(1) Bloom Energy obtained scandium through intermediaries who sourced the\nmetal from China;\n\n(2) the Company understated the extent to which it relied on scandium from\nChina; and\n\n(3) as a result, defendants' positive statements about the Company's business,\noperations, and prospects were materially misleading and/or lacked a\nreasonable basis.\n\nWhat Did Bloom Energy Say About its Reliance on China\n\nThe complaint alleges that several times during the class period, defendants\nreiterated that Bloom Energy was not reliant on China. Specifically:\n\nFebruary 27, 2025 – Bloom Energy stated in its annual report for the fiscal\nyear ended December 31, 2024 on a Form 10-K filed with the SEC that the\nCompany's \"supply chain does not have significant exposure to China.\"\n\nApril 30, 2025 – on an earnings call in connection with the Company's first\nquarter 2025 financial results, defendant Sridhar stated that \"there is no\nChina supply chain for us\" and \"we are not dependent on China for scandium.\"\n\nJuly 31, 2025 – Bloom Energy stated in its quarterly report for the period\nended June 30, 2025 on a Form 10-Q filed with the SEC that the Company's\n\"supply chain does not have significant exposure to China.\"\n\nSeptember 12, 2025 – Media outlet Semafor published an article containing\nan interview with defendant Sridhar in which Sridhar alleged \"Starting in\n2004, we said we are not going to depend on a Chinese supply chain. If we\nbelieve in energy abundance for all, there cannot be a single source to\nstrangle you.\"\n\nOctober 28, 2025 – Bloom Energy stated in its quarterly report for the\nperiod ended September 30, 2025 on a Form 10-Q filed with the SEC that the\nCompany's \"supply chain does not have significant exposure to China.\"\n\nFebruary 5, 2026 – Bloom Energy stated in its annual report for the fiscal\nyear ended December 31, 2025 on a Form 10-K filed with the SEC that\nCompany's \"supply chain does not have significant exposure to China\" and\npurported to assured investors China merely \"supplies multiple components\nincluding rare earth metals and compounds used in electronic and\nelectromechanical components that are part of our tier 2 and tier 3\nsub-assembly suppliers.\"\n\nJune 10, 2026 – The Wall Street Journal published a video interview with\ndefendant Sridhar in which Sridhar confirmed that one of the notable countries\nBloom Energy is not sourcing from is China. Sridhar explained that \"early on\nin the company we made a decision that we are only going to depend on supply\nchains that we can completely trust and that [China] was a country we\navoided.\"\n\nJuly 7, 2026 – Bloom Energy published a blog post authored by its COO in\nwhich they discussed the resiliency of Bloom Energy's supply chain and noted\nthat the Company sources scandium from multiple sources.\n\n Why Did BE Stock Collapse?\n\nThis complaint alleges that the collapse of Bloom Energy's stock followed the\npublication of an article by Hunterbrook Media entitled \"Bloom's Big Lie.\" The\nReport alleged that Bloom Energy is \"in fact, reliant on Chinese scandium.\"\n\nHunterbrook \"found four separate trade routes that appear to show Chinese\nscandium is still part of Bloom's supply chain, and the material is reaching\nthe U.S. through intermediary countries.\" Based on conversations with a major\nscandium producer in China (who claimed to be Bloom Energy's largest supplier)\nand commercially available trade data, the Report claimed that Bloom Energy\nreceived scandium directly from China on 4 occasions between August 2023 and\nMay 2024.\"\n\nOn this news, Bloom's stock price fell $15.28, or 5.7%, to close at $254.29\nper share on July 8, 2026.\n\nWho May Be Eligible?\n\nThe lawsuit seeks to represent investors who purchased or otherwise acquired\nBloom Energy Corporation (BE) securities during the applicable Class Period.\nIf you purchased Bloom Energy stock during this period and suffered investment\nlosses, you may have rights under the federal securities laws.\n\nWhat Is a Lead Plaintiff?\n\nThe lead plaintiff is the investor appointed by the court to represent the\ninterests of the proposed class throughout the litigation. Investors do not\nhave to serve as lead plaintiff to potentially share in any recovery if the\nlawsuit is successful.\n\nIf you are interested in seeking appointment as lead plaintiff, you must\nsubmit your papers with the court by September 28, 2026.\n\nDoes it Cost Anything to Participate?\n\nNo. Robbins LLP represents investors on a contingency fee basis. Investors\nnever pay attorneys' fees or litigation expenses. If there is a recovery,\ndefendants pay fees and expenses.\n\nContact Robbins LLP\n\nInvestors seeking additional information about the Bloom Energy securities\nclass action may submit an inquiry\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4755307-1&h=1786490444&u=https%3A%2F%2Frobbinsllp.com%2Fbloom-energy-class-action-lawsuit%2F&a=submit+an+inquiry)\n through Robbins LLP's website, email (mailto:adumas@robbinsllp.com)\n attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003.\n\nAbout Robbins LLP\n\nA recognized leader in shareholder rights litigation, Robbins LLP\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4755307-1&h=167216340&u=https%3A%2F%2Frobbinsllp.com%2F&a=Robbins+LLP)\n has helped restore more than $1 billion in value to shareholders and secured\nsome of the largest recoveries in shareholder derivative litigation history.\n\n\"Behind everything we do is the belief that companies should be governed\nresponsibly, fiduciaries should be held accountable, and shareholders deserve\ntransparency and fairness,\" said Brian J. Robbins, Founding Partner of Robbins\nLLP.\n\nTo be notified if a class action against Bloom Energy Corporation settles or\nto receive free alerts when corporate executives engage in wrongdoing, sign up\nfor Stock Watch\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4755307-1&h=2934828650&u=https%3A%2F%2Frobbinsllp.com%2Fstock-watch%2F&a=Stock+Watch)\n today.\n\nAttorney Advertising.  Past results do not guarantee a similar outcome.\n\nView original content to download\nmultimedia:https://www.prnewswire.com/news-releases/be-class-action-robbins-llp-reminds-bloom-energy-corporation-investors-they-may-be-eligible-to-lead-the-class-action-against-the-company-302854617.html\n(https://www.prnewswire.com/news-releases/be-class-action-robbins-llp-reminds-bloom-energy-corporation-investors-they-may-be-eligible-to-lead-the-class-action-against-the-company-302854617.html)\n\nSOURCE Robbins LLP\n\n\n\nAaron Dumas, Jr., Robbins LLP, 5060 Shoreham Pl., Ste. 300, San Diego, CA 92122, adumas@robbinsllp.com, (800) 350-6003, www.robbinsllp.com\n\nPhoto: \nhttps://mmx.prnewswire.com/media/MS559099/Robbins-LLP-Logo.jpg?id=OA2895650\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved."},"type":"article","timestamp":"2026-08-19T03:03:00.095527305Z","server_sent_at_ms":1787108580095},"received_at":"2026-08-19T03:03:00.147Z","source_url":"https://www.prnewswire.com/news-releases/be-class-action-robbins-llp-reminds-bloom-energy-corporation-investors-they-may-be-eligible-to-lead-the-class-action-against-the-company-302854617.html"},"analysis":{"id":"111299","press_release_id":"122313","analysis_json":{"industry":{"label":"Electrical Equipment","sector":"Industrials"},"redFlags":[],"eventType":"legal_litigation","narrative":"Robbins LLP issued a solicitation for lead plaintiffs in a securities class action against Bloom Energy regarding alleged misrepresentations about its supply chain.\n\nThe complaint alleges the company misled investors by denying reliance on Chinese scandium for its solid oxide fuel cells while allegedly sourcing it through intermediaries.\n\nThe class period covers purchases between February 27, 2025, and July 8, 2026, with a lead plaintiff deadline of September 28, 2026.","sentiment":"neutral","agentHooks":{"shouldPost":false,"suggestedAngle":"Plaintiff-firm solicitation -- suppress."},"keyFigures":{"customDimensions":{"stock_close_price":"$254.29","stock_drop_amount":"$15.28","stock_drop_percent":"5.7%","lead_plaintiff_deadline":"September 28, 2026"}},"quotedText":"Behind everything we do is the belief that companies should be governed responsibly, fiduciaries should be held accountable, and shareholders deserve transparency and fairness","namedEntities":{"people":[{"name":"Aaron Dumas, Jr.","role":"Attorney"},{"name":"Brian J. Robbins","role":"Founding Partner"},{"name":"Sridhar","role":"Defendant"}],"products":["solid oxide fuel cell systems"],"companies":[{"name":"Robbins LLP","relationship":"plaintiff law firm"},{"name":"Bloom Energy Corporation","ticker":"BE"},{"name":"Hunterbrook Media","relationship":"news outlet"}],"dollarAmounts":[{"amount":"$15.28","context":"stock price drop on July 8, 2026"},{"amount":"$254.29","context":"stock closing price on July 8, 2026"}]},"materialImpact":{"score":1,"reasoning":"Plaintiff law-firm shareholder solicitation issued by Robbins LLP. No new disclosure from the issuer; no certified class, no settlement. Boilerplate lead-plaintiff-deadline reminder."},"tickerRelevance":{"others":[],"primary":"BE"},"globalImportance":15,"audienceRelevance":10,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"mid-cap","eventGravity":"law-firm-solicitation","issuerAuthored":false}},"event_type":"legal_litigation","event_type_secondary":null,"sentiment":"neutral","material_impact_score":1,"narrative":"Robbins LLP issued a solicitation for lead plaintiffs in a securities class action against Bloom Energy regarding alleged misrepresentations about its supply chain.\n\nThe complaint alleges the company misled investors by denying reliance on Chinese scandium for its solid oxide fuel cells while allegedly sourcing it through intermediaries.\n\nThe class period covers purchases between February 27, 2025, and July 8, 2026, with a lead plaintiff deadline of September 28, 2026.","key_figures":{"customDimensions":{"stock_close_price":"$254.29","stock_drop_amount":"$15.28","stock_drop_percent":"5.7%","lead_plaintiff_deadline":"September 28, 2026"}},"named_entities":{"people":[{"name":"Aaron Dumas, Jr.","role":"Attorney"},{"name":"Brian J. Robbins","role":"Founding Partner"},{"name":"Sridhar","role":"Defendant"}],"products":["solid oxide fuel cell systems"],"companies":[{"name":"Robbins LLP","relationship":"plaintiff law firm"},{"name":"Bloom Energy Corporation","ticker":"BE"},{"name":"Hunterbrook Media","relationship":"news outlet"}],"dollarAmounts":[{"amount":"$15.28","context":"stock price drop on July 8, 2026"},{"amount":"$254.29","context":"stock closing price on July 8, 2026"}]},"model_name":"glm-4.7","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-08-19T03:04:37.110Z","global_importance":15,"audience_relevance":10,"importance_components":{"tickerTier":"mid-cap","eventGravity":"law-firm-solicitation","issuerAuthored":false}},"durationMs":96946,"modelName":"glm-4.7"}}