NEW YORK--(BUSINESS WIRE)--Jul 31, 2026--
Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Bloom Energy Corporation (“Bloom Energy” or the “Company”) (NYSE: BE) and reminds investors of the September 28, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.
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Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com.
As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) that Bloom Energy obtained scandium through intermediaries who sourced the metal from China; (2) that, as a result, the Company understated the extent to which it relied on scandium from China; and (3) that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
On July 8, 2026, at approximately 1:00 p.m. EDT, Hunterbrook Media published a report alleging, among other things, that “Bloom is, in fact, reliant on Chinese scandium, according to global trade data, Chinese corporate filings, satellite imagery, and Hunterbrook’s messages with Bloom’s suppliers in China.” The report states “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’s stock price fell $15.28, or 5.7%, to close at $254.29 per share on July 8, 2026, thereby injuring investors.
The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.
Faruqi & Faruqi, LLP also encourages anyone with information regarding Bloom Energy’s conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
To learn more about the Bloom Energy Corporation class action, go to www.faruqilaw.com/BE or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
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Frequently Asked Questions (FAQ) for Investors Regarding the Bloom Energy Securities Class Action Lawsuit:
What is the Bloom Energy securities fraud lawsuit about?
The lawsuit alleges that Bloom Energy and certain executives made false or misleading statements about the Company's supply chain during the Class Period. Specifically, the complaint claims Bloom understated its reliance on scandium sourced from China by obtaining the metal through intermediaries, making its public statements about its business, operations, and prospects materially misleading.
Who may be eligible to participate in the lawsuit?
Investors who purchased or otherwise acquired Bloom Energy Corporation (NYSE: BE) securities between February 27, 2025 and July 8, 2026, and suffered financial losses may be eligible to participate in the securities class action. Eligibility depends on the specific facts of each investor's transactions and losses.
What is a lead plaintiff, and how can I seek appointment?
A lead plaintiff is the investor appointed by the court to represent the interests of all class members throughout the litigation. Typically, the court selects the investor with the largest financial interest who is also an adequate and typical representative of the class. Investors seeking appointment must file a motion with the court by September 28, 2026, through counsel of their choice.
What should investors do if they purchased Bloom Energy stock during the Class Period?
Investors who purchased Bloom Energy securities during the Class Period should preserve their trade confirmations and account statements, evaluate whether they suffered losses related to the alleged misconduct, and consider consulting an attorney to understand their legal rights. Investors who wish to seek appointment as lead plaintiff must act before the September 28, 2026 deadline, while those who do not seek that role may still remain members of the class and potentially share in any recovery if the case is successful.
Why should investors contact Faruqi & Faruqi, LLP?
Faruqi & Faruqi, LLP has represented investors in securities litigation for decades and has recovered hundreds of millions of dollars for shareholders. Investors who purchased Bloom Energy securities during the Class Period may contact the firm to discuss their legal rights, potential claims, and the lead plaintiff process at no cost or obligation.
Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP ( www.faruqilaw.com ). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.
BE DEADLINE ALERT: Faruqi & Faruqi, LLP Reminds Bloom Energy (BE) Investors of Securities Class Action Lawsuit Deadline on September 28, 2026
MILAN (AP) — Italy deployed soldiers to Milan as the nation's fashion and finance capital expected fresh protests on Saturday, one week after looting and clashes with police.
Premier Giorgia Meloni announced a raft of measures, including sending an additional 500 soldiers to Milan, and tougher penalties for minors, who police said made up a large part of the violent protesters.
While protests in France have claimed most international attention, Milan is among the many other European cities where protests are also scheduled Saturday, from Portugal to Albania.
The 500 soldiers deployed to Milan come in addition to hundreds already stationed there, and will support about 5,000 police and other law enforcement personnel. Authorities are conducting drone surveillance, checks at railway stations, rapid-response units and online monitoring for potential calls to violence. Milan Mayor Giuseppe Sala has said he is concerned about a repeat of violence this weekend and expressed support for the deployment of more soldiers.
Rioters last weekend smashed their way into stores, targeting sneakers, athletic wear and sporting goods on streets that run off the city’s central Duomo square.
Officials said security measures on Saturday would extend beyond the city center amid concerns protesters could move into other neighborhoods to evade heavily policed areas.
Valter Mazzetti, secretary general of the Fsp police union, told The Associated Press that soldiers could provide immediate reinforcements, but not resolve police staffing shortages, noting that managing demonstrations requires specialized police training.
Defense Minister Guido Crosetto said in a social media post that the troops lacked key tools available for public-order operations, and that soldiers were only recently allowed to use plastic restraint ties and only in areas around train stations, not throughout the city. They are not authorized to carry pepper spray or tasers, he said.
Milan police say last week's violence and looting involved about 2,000 very young protesters, a large number of whom were “naturalized, second-generation Italians,” alongside foreign nationals. Over two days, police arrested 45 people, 34 of them minors.
Milan’s welfare councilor Lamberto Bertolé told the AP that more investigation is needed to understand the backgrounds and motives of the young people who joined the looting.
“Many young people increasingly lack a sense of belonging and prospects for the future. Part of our society feels excluded, amid social and economic inequalities,” said Bertolé, a member of the center-left Democratic Party.
Security was also heightened in Rome, where authorities locked down luxury shopping streets and stepped up controls around the Circus Maximus and Piazza del Popolo ahead of planned demonstrations, including one by right-wing students.
An anti-war march is scheduled to start in the early afternoon at the central Piazza della Repubblica, and there are concerns over possible infiltration by violent groups.
Organizers sought to distance themselves from potential unrest, urging participants to keep their faces uncovered and hands visible.
Aside from Rome and Milan, demonstrations have been called in at least seven other cities. The newly formed “October 17 Movement” has been the main driver alongside student federations, grassroots trade unions, and anti-war coalitions.
Protests are expected to continue in Albania’s capital. For over a week, protesters have hurled rocks, flares, firebombs and fireworks at police who have used batons, water cannons and tear gas in clashes in the city center.
High school and university students are demanding lower tuition fees, greater state investment in education and protesting corruption in the education system. They have joined a broader anti-government movement calling for the resignation of Socialist Prime Minister Edi Rama.
Thousands of retirees and others marched in Spain's capital Saturday to demand public pensions aren’t meddled with.
Crowds marched peacefully down a treelined avenue in central Madrid, waving colorful flags and banners reading “protect pensions” and “decent pensions for today and the future."
The protests came ahead of next month’s snap election as Prime Minister Pedro Sánchez’s Socialist Party criticized the conservative opposition Popular Party for making overtures about privatizing public pensions.
Spain has been roiled by protests this fall around the issue of housing, as rental and home costs have risen in recent years beyond what many Spaniards can afford.
In Spanish cities, a housing supply shortage has worsened thanks to population growth driven by tourism, immigration and a proliferation of short-term rentals. The September eviction of an 87-year-old woman from her rented apartment in Madrid triggered huge street protests in the capital and elsewhere.
The movement is centered at a tent camp protest that has remained in the capital’s Puerta del Sol square for almost a month.
Taking their cue from Spaniards, protesters in Lisbon who have been gathering to demand affordable housing are expected to march across the city on Saturday.
They have also targeted recent measures announced by the government of Prime Minister Luis Montenegro that include easing the cap on yearly rent increases and facilitating the eviction of tenants who fail to pay rent.
Montenegro defends the measures saying that it aims at reinforcing trust between tenants and landlords and boosting the rentals market. Protesters claim that the measures are not balanced and put tenants in a more vulnerable position.
Associated Press writers Suman Naishadham in Madrid, Giada Zampano in Rome, and videojournalist Helena Alves in Lisbon contributed to this report.
Members of right-wing student groups march through the streets of Rome, Saturday, Oct. 24, 2026, during a demonstration called "Unlock Everything," organized in opposition to recent left-wing student protests and one of several demonstrations held by groups across the political spectrum. (AP Photo/Gregorio Borgia)
Members of right-wing student groups march through the streets of Rome during a demonstration called "Unlock Everything," organized in opposition to recent left-wing student protests and one of several demonstrations held by groups across the political spectrum, Saturday, Oct. 24, 2026. (AP Photo/Gregorio Borgia)
Members of right-wing student groups march through the streets of Rome during a demonstration called "Unlock Everything," organized in opposition to recent left-wing student protests and one of several demonstrations held by groups across the political spectrum, Saturday, Oct. 24, 2026. (AP Photo/Gregorio Borgia)
Members of right-wing student groups march through the streets of Rome, Saturday, Oct. 24, 2026, during a demonstration called "Unlock Everything," organized in opposition to recent left-wing student protests and one of several demonstrations held by groups across the political spectrum. (AP Photo/Gregorio Borgia)
Members of right-wing student groups march through the streets of Rome, Saturday, Oct. 24, 2026, during a demonstration called "Unlock Everything," organized in opposition to recent left-wing student protests and one of several demonstrations held by groups across the political spectrum. (AP Photo/Gregorio Borgia)
