{"success":true,"data":{"pressRelease":{"id":"138907","rtpr_id":"nNFC5bLGTh-20260909","ticker":"BE","exchange":"NYSE","all_tickers":["BE"],"title":"Robbins LLP Reminds Investors That a Securities Class Action was Filed Against Bloom Energy Corporation After the Company Revealed How Much It Relied on Scandium from China","author":"Newsfile Corp","published_at":"2026-09-09T11:16:11.487Z","article_body":"San Diego, California--(Newsfile Corp. - September 9, 2026) - Robbins LLP\n(https://api.newsfilecorp.com/redirect/XEyjoFW8v1) reminds investors that a\nsecurities class action has been filed on behalf of all persons and entities\nthat purchased or otherwise acquired Bloom Energy Corporation (NYSE: BE)\nsecurities between February 27, 2025 and July 8, 2026 (the \"Class Period\").\nBloom Energy designs, manufactures, sells, and installs solid oxide fuel cell\nsystems for on-site power generation in the United States and internationally.\nScandium is a rare earth metal used as a dopant to stabilize the\nzirconia-based ceramic electrolyte in the Company's solid oxide fuel 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 (https://api.newsfilecorp.com/redirect/DOLR1uY0DB).\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:\n1. Bloom Energy obtained scandium through intermediaries who sourced the metal\nfrom China;\n2. the Company understated the extent to which it relied on scandium from\nChina; and\n3. as a result, defendants' positive statements about the Company's business,\noperations, and prospects were materially misleading and/or lacked a\nreasonable basis.\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 an\ninterview with defendant Sridhar in which Sridhar alleged \"Starting in 2004,\nwe said we are not going to depend on a Chinese supply chain. If we believe in\nenergy abundance for all, there cannot be a single source to strangle you.\"\n\nOctober 28, 2025 - Bloom Energy stated in its quarterly report for the period\nended September 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\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 Company's\n\"supply chain does not have significant exposure to China\" and purported to\nassured investors China merely \"supplies multiple components including rare\nearth metals and compounds used in electronic and electromechanical components\nthat are part of our tier 2 and tier 3 sub-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 which\nthey discussed the resiliency of Bloom Energy's supply chain and noted that\nthe Company sources scandium from multiple sources.\n\nWhy 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://api.newsfilecorp.com/redirect/rpaeVHabEo) through Robbins LLP's\nwebsite, email (mailto:adumas@robbinsllp.com) attorney Aaron Dumas, Jr., or\ngive us a call at (800) 350-6003.\n\nAbout Robbins LLP\n\nA recognized leader in shareholder rights litigation, Robbins LLP\n(https://api.newsfilecorp.com/redirect/Vvyz5sWGaq) has helped restore more\nthan $1 billion in value to shareholders and secured some of the largest\nrecoveries 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 (https://api.newsfilecorp.com/redirect/zAarmuK1e1) today.\n\nAttorney Advertising. Past results do not guarantee a similar outcome.\n\nContact:\nAaron Dumas, Jr.\nRobbins LLP\n5060 Shoreham Pl., Ste. 300\nSan Diego, CA 92122\nadumas@robbinsllp.com\n(800) 350-6003\nwww.robbinsllp.com\n\nFacebook (https://api.newsfilecorp.com/redirect/jNaRyHaXVQ)\nLinkedIn (https://api.newsfilecorp.com/redirect/vEaAvFaGy2) \n\n\nTo view the source version of this press release, please visit\nhttps://www.newsfilecorp.com/release/313407","article_body_html":"","raw_payload":{"data":{"id":"nNFC5bLGTh-20260909","title":"Robbins LLP Reminds Investors That a Securities Class Action was Filed Against Bloom Energy Corporation After the Company Revealed How Much It Relied on Scandium from China","author":"Newsfile Corp","ticker":"BE","created":"2026-09-09T11:16:11.487Z","tickers":["BE"],"exchange":"NYSE","article_body":"San Diego, California--(Newsfile Corp. - September 9, 2026) - Robbins LLP\n(https://api.newsfilecorp.com/redirect/XEyjoFW8v1) reminds investors that a\nsecurities class action has been filed on behalf of all persons and entities\nthat purchased or otherwise acquired Bloom Energy Corporation (NYSE: BE)\nsecurities between February 27, 2025 and July 8, 2026 (the \"Class Period\").\nBloom Energy designs, manufactures, sells, and installs solid oxide fuel cell\nsystems for on-site power generation in the United States and internationally.\nScandium is a rare earth metal used as a dopant to stabilize the\nzirconia-based ceramic electrolyte in the Company's solid oxide fuel 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 (https://api.newsfilecorp.com/redirect/DOLR1uY0DB).\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:\n1. Bloom Energy obtained scandium through intermediaries who sourced the metal\nfrom China;\n2. the Company understated the extent to which it relied on scandium from\nChina; and\n3. as a result, defendants' positive statements about the Company's business,\noperations, and prospects were materially misleading and/or lacked a\nreasonable basis.\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 an\ninterview with defendant Sridhar in which Sridhar alleged \"Starting in 2004,\nwe said we are not going to depend on a Chinese supply chain. If we believe in\nenergy abundance for all, there cannot be a single source to strangle you.\"\n\nOctober 28, 2025 - Bloom Energy stated in its quarterly report for the period\nended September 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\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 Company's\n\"supply chain does not have significant exposure to China\" and purported to\nassured investors China merely \"supplies multiple components including rare\nearth metals and compounds used in electronic and electromechanical components\nthat are part of our tier 2 and tier 3 sub-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 which\nthey discussed the resiliency of Bloom Energy's supply chain and noted that\nthe Company sources scandium from multiple sources.\n\nWhy 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://api.newsfilecorp.com/redirect/rpaeVHabEo) through Robbins LLP's\nwebsite, email (mailto:adumas@robbinsllp.com) attorney Aaron Dumas, Jr., or\ngive us a call at (800) 350-6003.\n\nAbout Robbins LLP\n\nA recognized leader in shareholder rights litigation, Robbins LLP\n(https://api.newsfilecorp.com/redirect/Vvyz5sWGaq) has helped restore more\nthan $1 billion in value to shareholders and secured some of the largest\nrecoveries 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 (https://api.newsfilecorp.com/redirect/zAarmuK1e1) today.\n\nAttorney Advertising. Past results do not guarantee a similar outcome.\n\nContact:\nAaron Dumas, Jr.\nRobbins LLP\n5060 Shoreham Pl., Ste. 300\nSan Diego, CA 92122\nadumas@robbinsllp.com\n(800) 350-6003\nwww.robbinsllp.com\n\nFacebook (https://api.newsfilecorp.com/redirect/jNaRyHaXVQ)\nLinkedIn (https://api.newsfilecorp.com/redirect/vEaAvFaGy2) \n\n\nTo view the source version of this press release, please visit\nhttps://www.newsfilecorp.com/release/313407"},"type":"article","timestamp":"2026-09-09T11:16:11.553382725Z","server_sent_at_ms":1788952571553},"received_at":"2026-09-09T11:16:11.606Z","source_url":"https://www.newsfilecorp.com/release/313407"},"analysis":{"id":"127749","press_release_id":"138907","analysis_json":{"industry":{"label":"Electrical Equipment","sector":"Industrials"},"redFlags":["Securities class action alleges BE misrepresented reliance on Chinese scandium despite repeated public denials of China supply-chain exposure","Stock fell 5.7% ($15.28 to $254.29) on July 8, 2026 following Hunterbrook Media's 'Bloom's Big Lie' report","Alleged China rare-earth (scandium) dependency is a supply-chain concentration risk for BE's fuel cell production"],"eventType":"legal_litigation","narrative":"Robbins LLP issued a lead-plaintiff solicitation reminding Bloom Energy investors that a securities class action was filed covering purchasers of BE securities between February 27, 2025 and July 8, 2026, with a September 28, 2026 deadline to seek lead plaintiff appointment.\n\nThe complaint alleges Bloom Energy repeatedly told investors its supply chain had no significant exposure to China while concealing reliance on Chinese scandium sourced through intermediaries for its solid oxide fuel cells.\n\nThe stock reportedly fell $15.28, or 5.7%, to $254.29 on July 8, 2026 after Hunterbrook Media's \"Bloom's Big Lie\" report alleged Chinese scandium was still reaching Bloom's supply chain through intermediary countries.\n\nThis is law-firm marketing rather than an issuer disclosure — no certified class or settlement has been announced — though the underlying supply-chain fraud allegations against BE are substantive and merit separate monitoring.","sentiment":"neutral","agentHooks":{"shouldPost":false,"suggestedAngle":"Suppress as law-firm solicitation; separately monitor BE for issuer response to the China-scandium supply-chain allegations."},"keyFigures":{"customDimensions":{"class_period":"February 27, 2025 to July 8, 2026","stock_drop_pct":"5.7%","stock_drop_usd":15.28,"closing_price_jul8_2026":254.29,"lead_plaintiff_deadline":"September 28, 2026"}},"quotedText":"we are not dependent on China for scandium.","namedEntities":{"people":[{"name":"Sridhar","role":"Bloom Energy executive and named defendant"},{"name":"Brian J. Robbins","role":"Founding Partner, Robbins LLP"},{"name":"Aaron Dumas, Jr.","role":"Attorney, Robbins LLP (release contact)"}],"products":["solid oxide fuel cell systems"],"companies":[{"name":"Bloom Energy Corporation","ticker":"BE","relationship":"subject of the securities class action"},{"name":"Robbins LLP","relationship":"plaintiff law firm and release author"},{"name":"Hunterbrook Media","relationship":"media outlet whose report allegedly triggered the stock decline"},{"name":"Semafor","relationship":"media outlet cited in complaint timeline"},{"name":"The Wall Street Journal","relationship":"media outlet cited in complaint timeline"}],"dollarAmounts":[{"amount":"$15.28","context":"one-day stock price decline on July 8, 2026"},{"amount":"$254.29","context":"Bloom Energy closing share price on July 8, 2026"},{"amount":"$1 billion","context":"value Robbins LLP claims to have restored to shareholders (firm boilerplate)"}]},"materialImpact":{"score":1,"reasoning":"Plaintiff law-firm solicitation issued under Robbins LLP's own name regarding an already-filed securities class action; no certified class, no settlement, and no new issuer disclosure. The underlying China-scandium allegations are substantive, but the release itself is investor-solicitation marketing."},"tickerRelevance":{"others":[],"primary":"BE"},"globalImportance":22,"audienceRelevance":18,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"large-cap","eventGravity":"law-firm-solicitation","issuerAuthored":false,"courtActionStatus":"class action filed but not certified","retailFavoriteBoost":"BE has a meaningful retail following in clean-energy names","underlyingAllegations":"securities fraud / supply-chain misrepresentation (China scandium reliance)"}},"event_type":"legal_litigation","event_type_secondary":null,"sentiment":"neutral","material_impact_score":1,"narrative":"Robbins LLP issued a lead-plaintiff solicitation reminding Bloom Energy investors that a securities class action was filed covering purchasers of BE securities between February 27, 2025 and July 8, 2026, with a September 28, 2026 deadline to seek lead plaintiff appointment.\n\nThe complaint alleges Bloom Energy repeatedly told investors its supply chain had no significant exposure to China while concealing reliance on Chinese scandium sourced through intermediaries for its solid oxide fuel cells.\n\nThe stock reportedly fell $15.28, or 5.7%, to $254.29 on July 8, 2026 after Hunterbrook Media's \"Bloom's Big Lie\" report alleged Chinese scandium was still reaching Bloom's supply chain through intermediary countries.\n\nThis is law-firm marketing rather than an issuer disclosure — no certified class or settlement has been announced — though the underlying supply-chain fraud allegations against BE are substantive and merit separate monitoring.","key_figures":{"customDimensions":{"class_period":"February 27, 2025 to July 8, 2026","stock_drop_pct":"5.7%","stock_drop_usd":15.28,"closing_price_jul8_2026":254.29,"lead_plaintiff_deadline":"September 28, 2026"}},"named_entities":{"people":[{"name":"Sridhar","role":"Bloom Energy executive and named defendant"},{"name":"Brian J. Robbins","role":"Founding Partner, Robbins LLP"},{"name":"Aaron Dumas, Jr.","role":"Attorney, Robbins LLP (release contact)"}],"products":["solid oxide fuel cell systems"],"companies":[{"name":"Bloom Energy Corporation","ticker":"BE","relationship":"subject of the securities class action"},{"name":"Robbins LLP","relationship":"plaintiff law firm and release author"},{"name":"Hunterbrook Media","relationship":"media outlet whose report allegedly triggered the stock decline"},{"name":"Semafor","relationship":"media outlet cited in complaint timeline"},{"name":"The Wall Street Journal","relationship":"media outlet cited in complaint timeline"}],"dollarAmounts":[{"amount":"$15.28","context":"one-day stock price decline on July 8, 2026"},{"amount":"$254.29","context":"Bloom Energy closing share price on July 8, 2026"},{"amount":"$1 billion","context":"value Robbins LLP claims to have restored to shareholders (firm boilerplate)"}]},"model_name":"glm-5.3-flash","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-09-09T11:17:06.717Z","global_importance":22,"audience_relevance":18,"importance_components":{"tickerTier":"large-cap","eventGravity":"law-firm-solicitation","issuerAuthored":false,"courtActionStatus":"class action filed but not certified","retailFavoriteBoost":"BE has a meaningful retail following in clean-energy names","underlyingAllegations":"securities fraud / supply-chain misrepresentation (China scandium reliance)"}},"durationMs":42583,"modelName":"glm-5.3-flash"}}