DJS Law Group notifies Bloom Energy investors of securities class action
DJS Law Group says Bloom Energy investors may have rights in a securities class action over alleged statements about scandium sourcing.
DJS Law Group says it is notifying investors about a securities class action against Bloom Energy Corporation, alleging the company made false or misleading statements about scandium sourcing during the class period.
The release says the suit seeks recovery for investors who bought Bloom Energy shares between Feb. 27, 2025, and July 8, 2026. It also says shareholders do not need to serve as lead plaintiff to seek recovery.
What the release says
In a PR Newswire item dated Aug. 27, 2026, DJS Law Group said the complaint alleges violations of Section 10(b) and Section 20(a) of the Securities Exchange Act of 1934 and SEC Rule 10b-5.
According to the release, the complaint says Bloom Energy, traded on the New York Stock Exchange under the ticker BE, made false and misleading statements to the market. The release says the complaint alleges the company claimed it obtained Chinese scandium through third parties outside China and downplayed its reliance on scandium from China.
The release says those public statements were false and materially misleading throughout the class period.
Background
Bloom Energy is identified in the release as “Bloom” or “the Company.” The class period cited in the notice runs from Feb. 27, 2025, through July 8, 2026.
The release says DJS Law Group focuses on investor recovery and handles securities class actions, corporate governance litigation, and domestic and international merger and acquisition appraisals. It also lists contact information for David J. Schwartz and the firm in Eastchester, New York.
What happens next
The release says shareholders who purchased Bloom Energy shares during the class period are encouraged to contact the firm about possible lead plaintiff appointments.
No response from Bloom Energy was included in the PR Newswire item provided for this report.
Sources
Editorial note: This article was prepared with AI assistance and includes source attribution for reader review.
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