Kaplan Fox announces Bloom Energy securities class action

  • Kaplan Fox announced a proposed securities class action against Bloom Energy.
  • The action covers Bloom securities acquired from February 27, 2025, through July 8, 2026.
  • Bloom investors have until September 28, 2026, to seek lead-plaintiff appointment.

Kaplan Fox & Kilsheimer LLP announced a proposed securities class action against Bloom Energy Corporation over allegations that the company obtained scandium through intermediaries sourcing the material from China while understating that reliance. Faruqi & Faruqi, LLP has issued a subsequent investor notice concerning the same proposed claims, alleging that Bloom and certain executives made misleading statements or omitted material information about the company's supply chain. The case covers investors who acquired Bloom securities between February 27, 2025, and July 8, 2026, and sets September 28, 2026, as the deadline to seek appointment as lead plaintiff. The complaint followed a Hunterbrook Media report alleging that Bloom's supply chain relied on Chinese scandium, including through direct shipments and intermediaries in Thailand, Japan and South Korea. No Bloom class has been certified.

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