LOS ANGELES, Aug. 21 — Bloom Energy Corporation shareholders who lost money in the company’s stock may now have a chance to lead a securities fraud lawsuit, according to Glancy Prongay Wolke & Rotter LLP. The law firm announced the opportunity on Tuesday, urging affected investors to act before a deadline of September 28, 2026. If you suffered losses from your Bloom Energy investments between February 27, 2025, and July 8, 2026, you can join a class action lawsuit.
The complaint alleges that the company made misleading statements or failed to disclose key facts about its reliance on scandium sourced from China. Specifically, Bloom Energy allegedly hid that it obtained scandium through intermediaries and downplayed its dependence on Chinese suppliers.
This, the lawsuit claims, made the company’s positive public statements about its business and prospects deceptive. Glancy Prongay Wolke & Rotter LLP is handling the suit. The firm has a strong track record, including being named one of Law360’s top securities firms in 2025 and ranking second in investor recoveries that year.
It has also secured major wins in high-profile cases, often highlighted by outlets like The Wall Street Journal and Bloomberg. The firm emphasizes its expertise in corporate misconduct across industries.
To participate as a lead plaintiff, investors must contact the law firm immediately. Options include emailing [email protected], calling 310-201-9150, or using the toll-free number 888-773-9224. Those who do not act by the deadline will become absent class members. No class has been certified yet, and the firm notes that prior results do not guarantee success in this case.
What’s next? Investors with losses should act swiftly.
The September 28 deadline marks a critical window to claim leadership in the lawsuit. As the case progresses, watch for updates on whether a class will be certified and how the court rules on the allegations about Bloom Energy’s scandium sourcing. The firm’s reputation suggests this could set a precedent for similar cases involving undisclosed supply chain risks.
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