Johnson Fistel, Rosen probe Bloom Energy after Hunterbrook supply-chain report

Glancy Prongay Wolke & Rotter also opened an investor investigation after a July 8, 2026 Hunterbrook report challenged Bloom Energy’s China-linked scandium sourcing claims; shares fell as much as 12% intraday that day.

Summary

Johnson Fistel, Rosen Law Firm and Glancy Prongay Wolke & Rotter said they are investigating Bloom Energy Corporation on behalf of investors following a July 8, 2026 Hunterbrook report that challenged the company’s supply-chain claims and, according to Rosen, its production-capacity statements. The report disputed comments by Bloom’s CEO that the company has “no China supply chain” and is “not dependent on China for scandium,” alleging Bloom relies on Chinese-sourced scandium. Johnson Fistel cited a representative of Hunan Oriental Scandium as saying, “We are also BE's largest supplier of scandium,” and, regarding how the material reaches U.S. customers, “Not exported directly.” Glancy said Bloom shares fell as much as 12% during intraday trading on July 8, 2026, while Rosen said the stock fell 5.6% that day. The firms said they are examining potential securities-law claims, and Rosen said it is preparing a class action.

Terms & Concepts
  • scandium: A rare earth metal used in Bloom fuel cells, according to the allegations cited in the investigations.
  • federal securities laws: U.S. rules governing disclosures, market conduct and investor protections for public companies and securities offerings.
  • class action: A lawsuit brought by one or more plaintiffs on behalf of a larger group with similar claims.